First Federal Bank Blog

The start of a new year is a time many look to make financial changes. Perhaps you wish to save more in 2025. Maybe you need to take a fresh look at your budget. Review ways to shore up your retirement funds. But have you thought about evaluating your financial institution? Banking experts have a few suggestions for ways you can ensure your...

At First Federal Bank, your security is our top priority. As fraud and scams continue to evolve, it's essential to stay informed and cautious when handling any communications, whether online or via other channels. Here are a few validation tips to help safeguard your personal and financial information:

The 52-week money challenge is a savings plan that gained popularity through social media around 2013. The concept is simple: You start by saving $1 in the first week, then increase your savings by $1 each subsequent week. AOL.com shows how your savings will grow by the end of the year:

According to a study done by the Federal Reserve, the number of checks written by consumers, businesses, and government entities dropped by 7.2% a year from 2018 to 2021, to a total of 11.2B.

When it comes to personal bank accounts, you probably think of basic checking and savings options. But there are different kinds of accounts you should consider at certain points in your life. Yahoo! Finance banking experts share their favorite accounts for various goals you may have along the way:

Have you ever wished you could put more money in savings? The goal can often feel daunting. But MarketWatch helps make it easy with information on how to make setting funds aside automatic:

Whether you still receive paper statements, or access them online, how closely do you review yours each month? According to banking experts, there are five things you don’t want to ignore on your statement. AOL breaks down the key aspects of these essential documents:

Working to save money can be a drag. It takes discipline, effort, and planning. And to be honest, it isn’t very fun. Sure, the results can feel great. But as you work to meet your savings goals, it is common to suffer from, “frugal fatigue.” You know it is important to save, but why does it have to be so hard? MSN has tips for staying on track...

Strong financial skills are learned. Which is why as parents, it is essential to begin teaching your children about money from an early age. It doesn’t have to be complicated, or boring. According to Engineering Your Finances, you can get creative and make learning about savings money fun with these tips:

Finding a savings account sounds simple enough — after all, you’re just looking for a safe place to store and grow your money. However, to make the most of your savings, it’s important to keep an eye out for a good interest rate along with hidden fees, balance requirements, and other factors that can complicate your financial management. Here’s a...