First Federal Bank Blog

In today’s fast-paced, online-centric world, scammers have more tools than ever to separate you from your hard-earned money. These efforts often ramp up during the holidays season. It is important to know these major warning signs for financial fraud:

Many insurance policyholders like to sign up for coverage, set their monthly premiums to automatic payment, then put it out of their mind. But it’s important to examine your policy from time to time to ensure that you’re getting the lowest rates. Another way to save money on your insurance is to take advantage of something called “insurance...

As you seek out effective strategies for investing your money, the options available to you may seem complex or overwhelming. If you’re feeling unsure of your ability to pick good stocks for your portfolio and make timely trades, or if you don’t possess the time or inclination to take a more hands-on approach, take a closer look at passive...

When it’s time to buy a new car, you’ll have plenty of decisions to make— such as figuring out what to do with your old vehicle. Most of the time, you’ll have to choose between selling your car privately and trading it in at a dealership. Each option has its pros and cons regarding factors like convenience and selling price. To help make the...

Consolidation is a common and proven debt management strategy. In short, it involves combining multiple debts into a single payment, making your overall debt easier to handle. It may even reduce total debt via lower interest rates. However, consolidation is not always as simple as it seems — if it even works for your specific situation. Here are...

Whether you’re preparing for a big purchase, or tightening your belt during a rough patch, saving money is a good idea. There are plenty of big ways to keep more money in your financial accounts, but here are some smaller ones that add up to more than you expect:

How to handle money is an important life lesson. The sooner you start your child’s financial education, the more knowledgeable and responsible they will be with their money. Opening a checking account for your child is a great way to impart real-world money lessons.

As an entrepreneur, you’ve probably considered and calculated a myriad of expenses, including the cost of inventory, rent, utilities, shipping and equipment. But have you considered how much you’ll be paid for your time and effort?

Nearly 30 years ago, several automakers began implementing a new program at dealerships: instead of auctioning off trade-ins and other brand-new returned vehicles, they would resell them with added benefits. These vehicles became known as Certified Pre-Owned vehicles, and the CPO program was born.

You may not feel comfortable visiting your local branch right now. I understand. Don’t get me wrong; I miss seeing all of my customers! Limited lobby access and social distancing are necessary, but I can’t wait to be able to get back to normal. Until then, two great ways to stay on top of your financial needs without the risk of going out are...