First Federal Bank Blog

If you’re shopping for a loan, you probably know lenders look at data like your income, loan repayment and credit history, and debt owed. However, loan approval is sometimes based on more than these traditional factors. Lenders can also collect, “social data” to get a more complete picture of your creditworthiness. In the process, they may even...

If you’re in the market for a new car, you may be wondering whether it’s better to get an auto loan through a financial institution or the dealership. While getting financing at the dealership may seem like the easiest option, there are several reasons you may want to consider going through a financial institution instead:

For many kids, their move to college is the first time they’re leaving the nest and the day-to-day influence of their parents. If your child is college-bound, you’re most likely equal parts proud and apprehensive about the changes they are about to experience. While your child is prepping college room essentials, potential areas of study, and...

When a loved one dies, you’re often left with several responsibilities to contend with on top of managing your grief. One such responsibility is taking care of the accounts belonging to the deceased. Fortunately, accessing and closing a bank account is a fairly straightforward process. Obtaining the necessary information According to Julia Kagan...

Whether you’re splitting a restaurant bill with friends, making a purchase, or helping out a family member, sending money to another person is incredibly easy these days thanks to an ever-growing array of online payment tools. But how safe is it to send money online?  Most of today’s online payment options fall into three categories. Let’s take a...

Time flies, and in just a few short weeks, kids will be heading back to school! You know what that means - it’s time to stock up and save! These tips will help you get the most out of your school shopping this year:

Buying a new or pre-owned vehicle can be an overwhelming and expensive experience. Don’t make it even more of a bank account drainer by falling for common car loan money traps. If you want to make sure you are getting the most for your money, avoid these missteps when finalizing your car loan: Dragging debt into your new purchase If you’re...

Are you sick and tired of having debt hanging over your head — yet you can’t seem to get rid of it? You may be making one or many of these common mistakes as you attempt to repay your loans and become debt-free. Any of these missteps will actually impair your ability to eliminate that mountain of debt — whether that’s credit card debt, student...

Banking online means you never have to wait in line or rush before the doors close for the night. Online banking never closes, so you can conveniently complete transactions when it suits your schedule. Plus, it enables you to do it anywhere on your smartphone, tablet, or laptop, whether it’s at home, work, or even in public spaces with a reliable...

Getting married is a significant milestone in life, and it comes with many changes, including financial ones. Here is a financial checklist to help you prepare for your married life together: