First Federal Bank Blog

According to a new NerdWallet survey, banking misconceptions abound. The survey of more than 2,000 U.S. adults, conducted online by The Harris Poll, found some Americans believe common myths about bank security, interest rates and fees, and where money should be saved for financial goals. But understanding the basics of where you keep your money...

You probably seen credit card rewards advertised as a benefit. But do you know how to make the most of your rewards once you earn them? Here’s how you can maximize your credit card rewards, without going into debt:

A 2023 Federal Deposit Insurance Corporation (FDIC) survey reported mobile banking was the preferred choice for close to half of American households, a nearly a nine-time increase over 10 years. Today’s technology makes your personal banking more convenient than ever before. But there are risks, and if you don’t know how to properly set up and use...

The economy is top of mind for many Americans these days. One age group in particular is struggling with finances. Approximately 60% of Gen Zers currently live paycheck to paycheck, higher than the overall rate of Americans in that situation. If you fall into this category, there are things you can do to improve your financial situation today and...

Technology has the potential to make our lives easier in so many ways. A digital wallet is a financial app that stores payment information and passwords, and allows you to make transactions. You can use a digital wallet on any connected device, including mobile devices. Examples include ApplePay, CashApp, Google Wallet, and Zelle. But with the...

We all know we should make it a priority to save money. But as with many things in life, it can be easier said than done. It can be overwhelming to think about how to even start. Especially with the strain of increasing consumer prices and inflation. Approaching savings the right way can make all the difference. Here are some things you should...

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.