Online and mobile banking makes moving money, paying bills, and managing your financial well-being easier and more convenient. It’s certainly not without its risks, however, especially when it comes to identity theft and fraud. Is there a safer way to access your information between your financial institution’s website or mobile app? That largely...
Is Using an App Safer Than Using a Browser for Banking Digitally?
Topics: Personal Banking, Financial Education
Should You Use a Home Equity Loan to Buy a Car?
If you find yourself in need of a vehicle — but can’t secure an auto loan with favorable terms — you may be tempted to take out a home equity loan to fund your purchase. Like every financial decision, this choice can come with drawbacks that need to be considered. Here’s a look at what you need to know before you borrow against the value of your...
Topics: Personal Banking, Financial Education
What Is a Routing Number and Where is it Found?
Every time you perform a financial transaction that involves your checking or savings account, you must provide a routing number and an account number. Both of these are mandatory in order for the operation to occur. To help you understand how these transactions work, here’s an explanation of what a routing number is and how it’s used.
Topics: Personal Banking, Financial Education
Want to get yourself on the path to financial stability and independence? Organization is the key. Getting your finances in order isn’t just smart — it’s easy to do thanks to a wide range of convenient online tools at your disposal.
Topics: Personal Banking, Financial Education
When Should You Use Your Debit Card for Purchases?
Back when you were young and first opened a checking account, you probably used your debit card all the time, feeling the freedom of making purchases without needing to predict how much cash to have on hand.
Topics: Personal Banking, Financial Education
First Federal Bank Serves More Customers with a Jacksonville Location
First Federal Bank, a Florida-based bank, is celebrating the opening of new Interactive Teller Machines (ITM) at both 9700 Touchton Rd in Jacksonville, FL and in the Wildlight community, located at 40 Floco Ave in Yulee, FL. These new ITMs provide convenient, full-service drive-thru banking for consumers and businesses in Jacksonville beginning...
Topics: Business Banking, Personal Banking
How Accruing Interest Works on Savings Accounts
Putting your money into a savings account affords certain benefits. It offers a safe location for your hard-earned money, which is perfect for when you are saving up for something significant or trying to establish an emergency fund. A savings account opened at a federally-insured financial institution can insure your funds up to a certain amount....
Topics: Personal Banking, Financial Education
Advice for Teaching Your Child How to Use Checks
Talking to your kids about finances is an ongoing conversation. Starting with saving coins in a piggy bank and earning an allowance to opening up a savings or checking account, budgeting for major purchases and investing for the future, there are many facets to your child’s financial education. Here is a closer look at teaching your child how to...
Topics: Personal Banking, Financial Education, Family
When Should You Start Banking Online With Your Kids?
Part of your job as a parent is to prepare your kids for the future. One important component of their future is learning how to handle money. Yes, financial literacy can seem daunting and complex, but you can start small by introducing your young kids to simple concepts like saving money in an online savings account. Here is a guide to help you...
Topics: Personal Banking, Financial Education, Family
Checks and Balances: Balancing Your Checkbook
Balancing a checkbook has been shorthand for financial responsibility for generations. While it’s always been presented as a laborious, unenviable task, keeping your money in order is fairly simple as long as you stick to a routine. Since so much of our world is now paperless and digital, balancing your checkbook is easier than ever.
Topics: Personal Banking, Financial Education