First Federal Bank
FDIC #31313
📍 Lake City, Florida
First Federal Bank is a savings bank, state charter, supervised by the fdic. established in 01/01/1961. With assets of $3.74 Billion, it operates 29 domestic branches.
Customer Reviews
1 ★
Based on 1 ratings
Write a Review
Reviews are moderated before posting. No profanity or personal attacks.
★☆☆☆☆ Single f
March 15, 2021
These are [-] type of people that if they get [-] stimulus check if a single father , they'll tell you they have it , hold it for days then send it back to [-] irs because you choose not to bank with them anymore , extremely judgemental to a [-] doing his best in life
Community Reinvestment Act (CRA) Rating
Latest Exam: July 31, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
July 31, 2023
Satisfactory
June 8, 2020
Satisfactory
May 1, 2017
Satisfactory
💰 Financial Strength
Total Assets$3.74 Billion
Total Deposits$3.30 Billion
Equity Capital$273.03 Million
Net Income$25.89 Million
📈 Performance
ROA0.90%
ROE13.03%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1961
FDIC Cert31313
Holding CoFirst Federal Bcorp Mhc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredNo
🕰️ Lobby Hours
Monday9:00 AM - 4:00 PM
Tuesday9:00 AM - 4:00 PM
Wednesday9:00 AM - 4:00 PM
Thursday9:00 AM - 4:00 PM
Friday9:00 AM - 4:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2020
Name Change
Name became: Changed Institution Name To First Federal Bank.
2018
Merger / Acquisition
Acquired: Cbc National Bank
2009
Name Change
Name became: Changed Institution Name To First Federal Bank Of Florida.
2006
Relocation
Moved HQ to: 4705 West Us Highway 90, Lake City, FL 32055.
2005
Relocation
Moved HQ to: 804 South Ohio Avenue, Live Oak, FL 32064.