Banking in the Middle of a Pandemic

September 14, 2020 by Heather Thompson

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...

Topics: Online Banking, Personal Banking, COVID-19

Which Debt Should You Pay Off First?

September 07, 2020 by First Federal Bank

Between credit cards, student loans, car loans, and mortgages, you’re probably carrying some debt. On the surface, managing your debt can seem relatively easy — just make minimum payments. However, if you’d like to pay down your debts and increase your cash flow, you have some choices to make. Namely, which debt should you prioritize? Here’s a...

Topics: Mortgage Lending, Personal Banking, Saving Money, College, Financial Education, Credit Cards, Personal Lending, Taxes

Are You Taking Full Advantage of Direct Deposit?

August 03, 2020 by First Federal Bank

It’s easy to take conveniences like direct deposit for granted without fully understanding how it works or why you should use it. You may have questions concerning direct deposit, so we want to make sure you fully understand the system.

Topics: Online Banking, Personal Banking, Taxes

Mobile Payment Scams to Avoid

July 29, 2020 by First Federal Bank

Apps that allow you to conduct transactions directly from your mobile phone have been quickly growing in popularity. Unfortunately, scammers try to take advantage of this convenience by tricking you into inadvertently sending them money. You can avoid this by knowing:

Topics: Fraud Alerts/Scams, Personal Banking

Strategies for a Debt-Free Holiday Season

July 22, 2020 by First Federal Bank

Want to know the secret to less stress and zero debt during the most wonderful time of the year? Start saving now! It’s never too early to plan for the holidays. Consider these tips for managing your money:

Topics: Personal Banking, Saving Money, Budgeting

Your Online Financial Profile Got Hacked — Now What?

May 27, 2020 by First Federal Bank

Few things can bring on a sense of panic and confusion quicker than realizing that your financial information has been compromised. Whether you find yourself unable to access your financial institution’s online app because the password has changed, notice fraudulent charges made to your credit card, or are suddenly missing money from your...

Topics: Personal Banking, Technology

What is a Durable Power Of Attorney?

May 22, 2020 by First Federal Bank

A durable power of attorney is a powerful and important tool for estate planning. It is, however, only one of four main types of powers of attorney. Before exploring what makes the durable power of attorney unique, it’s important to understand the other options.

Topics: Personal Banking

What You Should Know About Setting Up Beneficiaries for Your Accounts

May 18, 2020 by First Federal Bank

No matter the state of your finances, it’s important to think about what will happen to your accounts if you pass away unexpectedly. After all, this could have a major impact on the well-being of your family. One of the things you can do to help secure their future is to set up beneficiaries.

Topics: Personal Banking

The Importance of Separating Spending and Savings Accounts

May 13, 2020 by First Federal Bank

Whether you’re great at managing your money or find it challenging, there is an easy way to accelerate your savings goals while staying on top of routine expenses - establish two different accounts for your spending and savings.

Topics: Personal Banking

4 Reasons to Maintain a Physical Check Register

February 21, 2020 by First Federal Bank

Before you drop your check register in the trash and rely on your smartphone, consider these reasons to keep the records around.

Topics: Trending, Personal Banking