About Us
Thank you for visiting us today! First Federal Bank is unlike virtually every other bank you've heard of.
To begin with, nobody "owns" First Federal Bank. There is no single family controlling us, and we have no stockholders. First Federal is a
Mutual Bank, which means our customers own the bank. Simply put: we answer to you and nobody else!
What Makes First Federal Bank Different?
Mutual banks are the essence of what true community banking is all about. Unlike large national banks, First Federal is not part of a nationwide chain of banks. And because we're a Mutual Bank, all profits earned by the bank are re-invested into making home loans and building reserves for the future.
This no-nonsense approach to banking has helped us become one of the largest and strongest mutually-owned banks in the Midwest with nearly $400 million in assets and more than 20,000 customers!
Why is First Federal a Good Choice for Your and Your Family?
Because we are a community bank focused serving our customers' financial needs, our personal bankers take the time to get to know you and understand your financial goals. Then we will help you develop a strategy to achieve your goals and provide encouragement along the way. Since 1934, customers like you have turned to us to buy or refinance homes, build savings and become more financially successful.
We strongly believe in helping you buy a home, eliminate credit card debt and build an "emergency" savings fund as quickly as possible.
Our Commitment to Customers
You are our first priority.
We will serve you in a manner that is professional, friendly & efficient.
We will listen to you.
We will treat you with respect.
We will communicate with you clearly and frequently.
We will strive to offer the financial products and services you need.