Ways to Stop Identity Thieves From Getting Your Information

November 08, 2023 by First Federal Bank

Digital banking is generally a secure operation, but — like anything you do on the internet — you can become a target for identity thieves if your browsing isn’t protected. Want to minimize your chance of becoming a victim of ID fraud? Here are some ways to keep your personal information secure when shopping or banking online:Create strong,...

Topics: Financial Education

Plan Ahead for Holiday Expenses and Save!

November 01, 2023 by First Federal Bank

Saving money over the holidays is a common goal for many people, as it can be a financially challenging time of year. Here are some effective ways to save during the holiday season:

Topics: Personal Banking, Financial Education

How Long Should Your Auto Loan Length Be?

October 25, 2023 by First Federal Bank
If you’re shopping for your next ride, you’re probably considering how to budget for monthly payments on your auto loan. While auto loans traditionally last 60 months, you may have the option to choose a shorter or longer term. Both options come with implications for your monthly payment and the amount of interest you’ll pay, so...

Topics: Financial Education

What You Should Know About Penny Stocks

October 18, 2023 by First Federal Bank

If you’re interested in investing, you’ve probably heard penny stocks mentioned somewhere along the line. With lower purchase prices and the potential for huge growth, you may be tempted to jump right in and spread your money around. But before you make your moves, it’s wise to understand what these stocks are, how they work, and the potential...

Topics: Financial Education

How to Become a Successful Couponer

October 16, 2023 by First Federal Bank

Coupons are a cost-effective way to get more for your dollar. Even coupons that offer only small savings can add up quickly, allowing to you to spend less on your purchases. If you’re hoping to save on your next shopping trip, consider these couponing tips to help you get more out of your budget:Source optionsThe classic source for coupons...

Topics: Financial Education, Lifestyle

What Is Cryptocurrency?

October 11, 2023 by First Federal Bank

You’ve almost certainly heard about cryptocurrency, even if you’re not entirely sure what it does, how it works, or if it’s worth looking into. The fact is crypto may very well have already passed its peak, but it could prove an interesting way to invest if you don’t mind the risks.What is cryptocurrency?Cryptocurrency is a sort of digital asset...

Topics: Financial Education

COAs must prepare operationally and financially for new legislation

October 03, 2023 by Jim Weaver

It would seem in today’s world the life of many Condo Associations are financially battling a 3headed dragon known as Insurance, Milestone Inspections and Structural Integrity Reserve Studies.Alone, any one of these could result in a substantial financial blow to an Association butbeingimpacted by all three could result in a financial crisis.

Topics: Financial Education

Be on Guard for These Common Tax Scams

September 29, 2023 by First Federal Bank

As a small business owner, it is crucial to stay vigilant against tax scams that can potentially harm your financial well-being. Fraudsters are continuously evolving their tactics, making it critical to educate yourself on common tax scams. By being aware and taking proactive measures, you can safeguard your business and personal information. In...

Topics: Small Business, Financial Education

What to Know About Social Security Survivor Benefits

September 27, 2023 by First Federal Bank

Once you’ve qualified for Social Security retirement benefits, your spouse, children, and other survivors may be eligible to receive monthly payouts in the event of your death. These survivor benefits are an important resource for millions of people across the United States, and here’s an overview of how they work:How do survivor benefits work?...

Topics: Financial Education

Can You Get a Tax Break by Being a Caregiver?

September 22, 2023 by First Federal Bank

An aging parent, a spouse with disabilities, an adult child with special needs — if you’re facing these or any other caregiving situations, the strain on your finances can be a heavy one. To help you deal with these responsibilities, a variety of federal tax deductions and credits are available. Here’s a closer look at five of the most common tax...

Topics: Financial Education

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