First Federal Bank Blog

When it’s time to buy a new car, you’ll have plenty of decisions to make— such as figuring out what to do with your old vehicle. Most of the time, you’ll have to choose between selling your car privately and trading it in at a dealership. Each option has its pros and cons regarding factors like convenience and selling price. To help make the...

Using your financial institution’s mobile banking app makes paying bills, moving money, and completing other fiscal tasks more convenient. The ability to do so much on your phone or tablet is a welcome development of modern technology, and the continued advance of innovation should place even more handy features at your fingertips in the future.

Consolidation is a common and proven debt management strategy. In short, it involves combining multiple debts into a single payment, making your overall debt easier to handle. It may even reduce total debt via lower interest rates. However, consolidation is not always as simple as it seems — if it even works for your specific situation. Here are...

How to handle money is an important life lesson. The sooner you start your child’s financial education, the more knowledgeable and responsible they will be with their money. Opening a checking account for your child is a great way to impart real-world money lessons.

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...

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...

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.

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:

Achieving and maintaining a good credit score will enable you to fund the major purchases that you’ve been dreaming about. Here are just some of the doors that having a positive credit history will open for you:

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: