First Federal Savings Bank of Elizabethtown

First Federal Savings Bank of Elizabethtown Locations

2323 Ring Road
Elizabethtown, KY 42701
(800) 314-BANK (2265)
www.ffsbky.com

OverView
Rates
Health
Reviews

First Federal Savings Bank of Elizabethtown is headquartered in Elizabethtown and is the 8^th largest bank in the state of Kentucky. It is also the 545^th largest bank in the nation. It was established in 1923 and as of March of 2012, it had grown to 311 employees at 23 locations. First Federal Savings Bank of Elizabethtown has a 2-star health rating.

Top Long-Term CD Rates at First Federal Savings Bank in Parts of Kentucky & Indiana - 2/16/2011

If you are looking for the highest interest rate regardless of the CD term, you may be interested in First Federal Savings Bank . It's offering a 10-year CD and IRA CD with a 3.67% APY. That's the hig ...

Competitive CD Rates at First Federal Savings Bank of Elizabethtown in Kentucky & Indiana - 11/4/2010

First Federal Savings Bank is having a CD special called the November to Remember. The promotion has two CDs with quite competitive rates: a 1.81% APY 15-month CD and a 2.41% APY 27-month CD. Minimum ...

Report an Issue

See Rates for: Checking | Savings | Money Market | CD | IRA

First Federal Savings Bank of Elizabethtown Checking Account Rates

Apy	Min	Max	Product
0.25%	$100k	-	Elite 50 Plus Checking
0.25%	$100k	-	Luxury Checking
0.25%	$100k	-	Loyalty Checking
0.21%	$25k	-	Commercial Interest Checking
0.11%	$100k	-	Fresh Start I Checking
0.11%	$100k	-	Fresh Start II Checking
0.11%	$100k	-	Duty First CS Checking
0.11%	$100k	-	Duty First CS II Checking
0.05%	$25k	-	Extra Checking
0.05%	$10k	-	Elite Checking

First Federal Savings Bank of Elizabethtown Savings Account Rates

Apy	Min	Max	Product
0.21%	$5k	-	HSA Silver Checking
0.11%	$100	-	Passbook Savings
0.11%	$100	-	Statement Savings
0.11%	$100	-	IRA Statement Savings
0.11%	$100	-	HSA Statement Savings
0.11%	$100	-	Tax and Insurance Reserve
0.11%	$100	-	Roth IRA Statement Savings
0.11%	$100	-	CESA Statement Savings
0.11%	$100	-	SEP IRA Statement Savings
0.11%	$100	-	Simple IRA Statement Savings
0.07%	$100	-	Christmas Club
0.07%	$50	-	Moola Moola

First Federal Savings Bank of Elizabethtown Money Market Rates

Apy	Min	Max	Product
0.51%	$500k	-	Premier Money Market
0.41%	$250k	-	Business Sweep Money Market
0.41%	$250k	-	Business Money Market Account

First Federal Savings Bank of Elizabethtown CD Rates

Apy	Min	Max	Product
1.70%	$500	-	10 Year CD
1.60%	$500	-	5 Year CD
1.45%	$500	-	4 Year CD
1.25%	$500	-	3 Year CD
1.18%	$500	-	30 Month CD
1.10%	$500	-	2 Year CD
0.85%	$500	-	18 Month CD
0.75%	$500	-	1 Year CD
0.51%	$500	-	6 Month CD
0.25%	$500	-	3 Month CD

First Federal Savings Bank of Elizabethtown IRA Rates

Apy	Min	Max	Product
1.70%	$500	-	10 Year IRA
1.70%	$500	-	10 Year Roth IRA
1.70%	$500	-	10 Year SEP IRA
1.70%	$500	-	10 Year CESA
1.70%	$500	-	10 Year Simple IRA
1.60%	$500	-	5 Year IRA
1.60%	$500	-	5 Year Roth IRA
1.60%	$500	-	5 Year SEP IRA
1.60%	$500	-	5 Year CESA
1.60%	$500	-	5 Year Simple IRA
1.45%	$500	-	4 Year IRA
1.45%	$500	-	4 Year Roth IRA
1.45%	$500	-	4 Year SEP IRA
1.45%	$500	-	4 Year CESA
1.45%	$500	-	4 Year Simple IRA
1.25%	$500	-	3 Year IRA
1.25%	$500	-	3 Year Roth IRA
1.25%	$500	-	3 Year SEP IRA
1.25%	$500	-	3 Year CESA
1.25%	$500	-	3 Year Simple IRA
1.18%	$500	-	30 Month IRA
1.18%	$500	-	30 Month Roth IRA
1.18%	$500	-	30 Month SEP IRA
1.18%	$500	-	30 Month CESA
1.18%	$500	-	30 Month Simple IRA
1.10%	$500	-	2 Year IRA
1.10%	$500	-	2 Year Roth IRA
1.10%	$500	-	2 Year SEP IRA
1.10%	$500	-	2 Year CESA
1.10%	$500	-	2 Year Simple IRA
0.85%	$500	-	18 Month IRA
0.85%	$500	-	18 Month Roth IRA
0.85%	$500	-	18 Month SEP IRA
0.85%	$500	-	18 Month CESA
0.85%	$500	-	18 Month Simple IRA
0.80%	$500	-	18 Month Variable IRA
0.80%	$500	-	18 Month Variable Roth IRA
0.80%	$500	-	18 Month Variable SEP IRA
0.80%	$500	-	18 Month Variable CESA
0.75%	$500	-	1 Year IRA
0.75%	$500	-	1 Year Roth IRA
0.75%	$500	-	1 Year SEP IRA
0.75%	$500	-	1 Year CESA
0.75%	$500	-	1 Year Simple IRA
0.51%	$500	-	6 Month IRA
0.51%	$500	-	6 Month Roth IRA
0.51%	$500	-	6 Month SEP IRA
0.51%	$500	-	6 Month CESA
0.51%	$500	-	6 Month Simple IRA
0.25%	$500	-	3 Month IRA
0.25%	$500	-	3 Month Roth IRA
0.25%	$500	-	3 Month SEP IRA
0.25%	$500	-	3 Month CESA
0.25%	$500	-	3 Month Simple IRA

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

First Federal Savings Bank of Elizabethtown
FDIC Certificate #	28610
BankRate Report	View
Year Established	1923
Employees	311
Primary Regulator	FDIC
Assets and Liabilities
Assets	$1.21 billion
Loans	$676.30 million
Deposits	$1.10 billion
Equity Capital	$74.07 million
Loan Loss Allowance	$17.60 million
Unbacked Noncurrent Loans	$39.52 million
Real Estate Owned	$30.08 million
Historic Data - March 2011
Assets	$1.29 billion
Equity Capital	$89.08 million
Loan Loss Allowance	$24.59 million
Unbacked Noncurrent Loans	$44.90 million
Real Estate Owned	$24.91 million
Profit Margin - Quarterly
Net Interest Margin	2.76%
Return on Assets	0.05%
Return on Equity	0.89%
Interest Income	$11.91 million

Institution Health

Overall Score:

2 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First Federal Savings Bank of Elizabethtown had $69.6 million in non-current loans and owned real-estate with $91.66 million in equity and loan loss allowances on hand to cover it. This gives First Federal Savings Bank of Elizabethtown a Texas Ratio of 75.93% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for First Federal Savings Bank of Elizabethtown increased slightly from 61.41% as of March 31, 2011 to 75.93% as of March 31, 2012, resulting in a negative change of 23.64%. This indicates that the balance sheet and financial strength for First Federal Savings Bank of Elizabethtown has declined slightly in recent periods.
Deposit Growth
In the past year, First Federal Savings Bank of Elizabethtown has decreased its total deposits by -$67.11 million, resulting in -5.75% 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 Savings Bank of Elizabethtown has shown is poor.
Capitalization
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 Savings Bank of Elizabethtown has $1.21 billion in assets with $91.66 million in equity, resulting in a capitalization level of 7.60%, which is below average.