When Should You Use Your Debit Card for Purchases?

June 22, 2022 by First Federal Bank

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

June 06, 2022 by First Federal Bank

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

June 06, 2022 by First Federal Bank

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

May 13, 2022 by First Federal Bank

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?

March 16, 2022 by First Federal Bank

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

February 16, 2022 by First Federal Bank

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

What Happens After You Pay Off a Loan?

January 05, 2022 by First Federal Bank

Paying off a loan comes with a sense of relief and satisfaction. But what happens after you pass this milestone? You’ll have a few loose ends to wrap up — and some big advantages to pursue. Here are a few points to keep in mind once you’ve made that final payment:

Topics: Personal Banking, Financial Education

Online Check Deposit Basics

August 11, 2021 by First Federal Bank

Finding time to visit your financial institution during business hours to deposit a paper check isn’t always easy. Fortunately, you might have access to a 24-hour online check deposit option. If you have a smart device with a camera and a Wi-Fi or mobile data connection, this is a fast, convenient, and secure way to deposit funds into your account.

Topics: Personal Banking, Financial Education

Is a Construction to Permanent VA Loan Right for You?

July 23, 2021 by Wendy Hilton

A VA loan is one issued by private lenders and backed by the U.S. Department of Veterans Affairs. It can help U.S. active duty service members, veterans, and widowed military spouses buy a home. VA loans are popular, because they offer a no down payment option and do not require mortgage insurance. They can be easier to obtain than a conventional...

Topics: Personal Banking, Family, Homeowners

How Much Truck Do You Really Need?

July 05, 2021 by First Federal Bank

If you’re shopping for a truck, you have no shortage of options available. Almost every major brand on the market sells some kind of pickup, and many automakers offer multiple trucks. The best way to narrow down your choices is to ask yourself how much truck you need.

Topics: Personal Banking

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