Changing Your Investment Strategy as You Age

May 20, 2020 by First Federal Bank

Whether you’ve recently graduated from college or are winding down from a long career, it’s important to choose the proper investment strategy for your age. With the right approach, you can put your money to work effectively and enjoy greater peace of mind as you draw near to retirement.

Topics: Financial Education

When to Bring in the Tax Pros

May 04, 2020 by First Federal Bank

Having a professional tax advisor in your corner can help you cut through the dense thicket of paperwork, letting you focus more of your attention and energies where needed.

Topics: Financial Education

Don’t Let Emotions Get in the Way of Your Investment Decisions

April 23, 2020 by First Federal Bank

The investment landscape can be volatile and difficult to understand. But investing is a phenomenal way to add to your financial portfolio. The one thing it isn’t, though, is sentimental. That’s why factoring emotions into the way you manage your investments puts you at a high risk for making poor decisions and racking up losses.Disregard personal...

Topics: Retirement, Financial Education

Using a CD to Teach Your Children about Finances

April 20, 2020 by First Federal Bank

Money management is a complicated subject even adults can experience trouble mastering. So, it’s understandable if the prospect of teaching your kids about money might not be your favorite parental to-do. Start simply with a certificate of deposit to teach your kids the fundamentals of saving money.Set up an accountA drive-thru or online field...

Topics: Personal Banking, Financial Education, Family

Ways to use your stimulus check

April 15, 2020 by First Federal Bank

What Should You Do with the Money You Receive from the CARES Act?

Topics: Financial Education

Checking Your Credit Score Online

April 10, 2020 by First Federal Bank

Knowing your credit score is the first step to securing a loan for a new car, starting your own business, or taking out a mortgage. With everything available online these days, checking your credit score is easier and more convenient than ever — as long as you know where to look.Credit report vs. credit scoreOne of the best ways to stay up to date...

Topics: Personal Banking, Financial Education

Smart Home Upgrades to Save Money in the Long Run

March 19, 2020 by First Federal Bank

You want your home to be as comfortable, efficient and as beautiful as it can be. However, deciding which home improvement projects or upgrades to invest in can be confusing. These home upgrades will help you save money in the long run.

Topics: Financial Education, Homeowners

FDIC warns of scams during time of fear and confusion

March 19, 2020 by First Federal Bank

The COVID-19 pandemic has caused havoc on Wall Street and left many with more questions than answers. The FDIC is now reporting that scammers are using this situation to mislead people into giving their personal information or, in some cases, to send money.

Topics: Financial Education

Ideas to Increase Your Home's Square Footage

March 17, 2020 by First Federal Bank

There are many ways you can expand your house’s size, so make sure you pick the solution that’s best for your needs and adds the most value.

Topics: Financial Education

Beyond Coupons: Apps to Save You Money

March 14, 2020 by First Federal Bank

In the 21st century, digital technology offers many new ways to save money that extend beyond the usual store sales and coupon-clipping. Numerous apps now let you pinch pennies on your terms from the convenience of your palm. Tap into these deal-filled apps to get the best price when shopping.

Topics: Financial Education

The content on this site is intended for informational purposes only and should not be considered accounting, legal, tax, or financial advice. First Federal Bank recommends that customers conduct their own research and consult with professional legal and financial advisors before making any financial decisions. Links to third-party websites may be provided for your convenience; however, First Federal Bank does not guarantee the reliability, accuracy, or safety of the information, products, or services offered on these external sites. We are not liable for any damages resulting from the use of these links, and we do not investigate, verify, or endorse the content or opinions expressed on any third-party sites. NMLS # 408902.

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