First Federal Bank Blog

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:

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.

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...

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.

No matter where you are in life, handling your personal finances can be a complicated and overwhelming task. One way to get the advice and assistance you need is to consult with a financial planner. These professionals are trained and certified to give you expert advice on how to make the most of your money. If you’re not sure whether seeking out...

Do you ever feel like you’re spending too much time paying bills, juggling account passwords, and keeping track of due dates? If so, you can reclaim some of that time by automating some of your predictable, recurring bill payments. Here’s a look at the benefits and drawbacks of using automatic bill pay:

A bridge loan is a short-term loan used to provide immediate cash flow when financing is impending but not available right away. Bridge loans are sometimes also known as swing loans, gap financing, or interim financing. Homeowners typically use these loans to cover the cost of new property before they can sell their current house.

Whether you’re putting aside funds for a rainy day, or a sunny summer vacation, saving money is an absolute must. When it comes to how you save, two of the most popular options are savings accounts and certificates of deposit. The best way to determine which choice is ideal for your situation is to understand the benefits of both.

If money is tight, you may have considered drawing from your 401(k) retirement savings plan. While it’s generally best to leave your investments intact, there are circumstances in which tapping into your account can be a safer move than obtaining other kinds of loans. Here’s a look at a few factors to consider before you commit to borrowing money:

Even though financial transactions today are increasingly paperless, there are still advantages to using a check book. They can help you avoid processing fees, leave behind a useful paper trail for your spending, and give you a means of transferring funds should the internet be unavailable. But are check books safe? How do you secure your check...