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Overview / Commentary
816-245-4300
6900 North Executive Drive
Kansas City, MO 64120

First Federal Bank, FSB is headquartered in Kansas City and is the 66th largest bank in the state of Missouri. It is also the 1,869th largest bank in the nation. It was established in 1934 and as of March of 2014, it had grown to 129 employees at 7 locations. First Federal Bank, FSB's money market rates are 14% higher than the national average, and it has a A health rating.

Reviews (1)

Customer Care

I asked if they would cash a post dated check. they said no. when I showed them that they did on my account. they recanted that statement with legal mumbo jumbo. infact they lied to me.



Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First Federal Bank, FSB had $2.5 million in non-current loans and owned real-estate with $58.19 million in equity and loan loss allowances on hand to cover it. This gives First Federal Bank, FSB a Texas Ratio of 4.30% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for First Federal Bank, FSB decreased dramatically from 8.40% as of March 31, 2013 to 4.30% as of March 31, 2014, resulting in a positive change of 48.79%.This indicates that the balance sheet and financial strength for First Federal Bank, FSB has improved dramatically in recent periods.

Deposit Growth

GRADE:
C-

In the past year, First Federal Bank, FSB has decreased its total deposits by -$11.56 million, resulting in -4.12% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Federal Bank, FSB has shown is below average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Federal Bank, FSB has $351.84 million in assets with $58.19 million in equity, resulting in a capitalization level of 16.54%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #29047
Year Established1934
Employees129
Primary RegulatorOCC
Assets and Liabilities
Assets$351.84 million
Loans$261.42 million
Deposits$269.31 million
Equity Capital$57.11 million
Loan Loss Allowance$1.08 million
Unbacked Noncurrent Loans$1.44 million
Real Estate Owned$1.07 million
Historic Data - March 2013
Assets$355.69 million
Equity Capital$52.60 million
Loan Loss Allowance$987,000
Unbacked Noncurrent Loans$1.44 million
Real Estate Owned$1.46 million
Profit Margin - Quarterly
Net Interest Margin3.08%
Return on Assets0.17%
Return on Equity1.04%
Interest Income$2.91 million
Rates

Always verify rates and promotions with the bank or credit union. We are not First Federal Bank, FSB, we are a rate comparison website and can not provide official rates or promotions.

First Federal Bank, FSB Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$1k-Regular Savings

First Federal Bank, FSB Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%$100k-Money Market Savings

First Federal Bank, FSB Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$100k-Performance Plus
0.10%$10k-First Interest Checking
0.10%$10k-Elite Interest Checking

First Federal Bank, FSB CD Rates

DetailsAPYMINMAXPRODUCT
1.35%$50k-5 Year CD
1.15%$50k-30 Month CD Special
1.00%$50k-4 Year CD
1.00%$25k-22 Month CD Special - New Money Only
0.85%$50k-3 Year CD
0.65%$1k-8 Month CD
0.60%$1k-6 Month CD
0.60%$50k-18 Month CD
0.50%$50k-2 Year CD
0.40%$50k-1 Year CD
0.40%$1k-26 Month Bump Up CD
0.30%$200-30 Month Variable CD

First Federal Bank, FSB IRA Rates

DetailsAPYMINMAXPRODUCT
1.35%$50k-5 Year IRA
1.15%$50k-30 Month IRA Special
1.00%$50k-4 Year IRA
1.00%$25k-22 Month IRA Special - New Money Only
0.85%$50k-3 Year IRA
0.65%$1k-8 Month IRA
0.60%$50k-18 Month IRA
0.50%$50k-2 Year IRA
0.40%$50k-1 Year IRA
0.30%$100-18 Month Variable IRA
Locations


First Federal Bank, FSB Locations
1200 Armour Rd Branch1200 Armour RoadNorth Kansas City, MO 64116
Se Oldham Parkway Branch1255 Se Oldham PkwyLees Summit, MO 64081
3500 South Noland Road Branch3500 South Noland RoadIndependence, MO 64055
4227 Blue Ridge Blvd Branch4227 Blue Ridge BoulevardKansas City, MO 64133
First Federal Bank, FSB6900 North Executive DriveKansas City, MO 64120
8308 N.W. Prairie View Rd Branch8308 N.W. Prairie RoadKansas City, MO 64151
9330 East Gregory Blvd Branch9330 East Gregory BoulevardRaytown, MO 64133