First Bank (FL) is headquartered in Clewiston and is the 46th largest bank in the state of Florida. It is also the 1,516th largest bank in the nation. It was established in 1922 and as of December of 2021, it had grown to 100 employees at 7 locations. First Bank (FL) has an A health rating.
Great Bank - 5 Star Personal Service
I love First Bank! Great service, great rates and great people. If you are looking for bank where you're not just another number, this is the bank for you!
Like Going Back In Time, But Not In A Fun Way
Hours are M-F 8:30 to 4:00. That's it. No late or weekend hours. Use the atm? They won't post atm transactions for at least 2 days - even if you deposit cash. Their phone app is limited, often inaccurate and forget about photographing checks for deposit - doesn't exist. Want to grab some deposit slips to save time the next visit? They keep the slips behind the counter and will only let you have 1 at a time. No drive-through. Paychecks that aren't on direct deposit require a manager's signature in order to get it cleared in 2 days instead of 4 - if the manager isn't there, they won't even take your deposit, so you have to come back when the mgr. is there. I switched to a different bank that DOES have all of the above - like most modern banks. Much happier and much less inconvenienced now.
First Bank
Service is the worst; you ask a question and the employees don't know the correct answers.
The Worst Bank Of Terrible Banking
This bank isn't worth anything. The bank closes at 4pm; the average person clocks out between 4-5pm. The mobile app is a third party app so there are extra eyes into your account - basically saying someone other the bank and yourself have access to your accounts. You will not get any assistance after 4pm. Branch employees talk to you any kind of way and hang up the phone on you. No employees at any branch know anything. 1-800 number just sends your call to a branch, and it's only one person working the call center. All this in the first two months waiting on the third so I can close my account with no fees. This bank makes bank of America look like a fortune 500 company with no bags.
Data as of Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 9620 |
| Year Established | 1922 |
| Employees | 100 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.93% |
| Return on Equity - YTD | 11.5% |
| Annual Interest Income | $18.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $596.2MM$499.0MM |
| Loans | Q4 2021vs Q4 2020 | $363.5MM$340.5MM |
| Deposits | Q4 2021vs Q4 2020 | $542.8MM$453.8MM |
| Equity Capital | Q4 2021vs Q4 2020 | $50.3MM$42.6MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $6.5MM$6.1MM |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $145.00K$458.00K |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |