First Federal Bank (TN)

First Federal Bank (TN)

Overview / Commentary
611 East College St
Dickson, TN 37055

First Federal Bank (TN) is headquartered in Dickson and is the 31st largest bank in the state of Tennessee. It is also the 1,099th largest bank in the nation. It was established in 1936 and as of September of 2020, it had grown to 168 employees at 17 locations. First Federal Bank (TN) has an A+ health rating.

Reviews (1)

eh they're ok

If you don't need much but a basic checking & savings account, First Federal is fine. I was sort of alright with them until they refused to let my husband sign a check over to me and deposit it into my checking account. He was there, he had ID, and I know others had done it there with them before, but the woman at the counter just wouldn't do the transaction for some reason. I'd been an account holder with them for years (since I was 16 years old; I was 28 at the time of the incident) and the refusal caught me completely off guard. It already took a couple of extra days for my pay that comes via wire transfer every month to hit my bank, so it was already an inconvenience to use them, anyway. I ended up closing the account and going with a more national bank where I could deposit checks, have my husband's checks signed over to me and deposited, etc. It's probably a decent bank for people who don't need to do the same types of things I do on a regular basis, but it just wasn't working for me anymore.


Health Grade Components

FDIC Certificate #29782
Year Established1936
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.41%
Return on Equity - YTD11.51%
Annual Interest Income$20.3MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$795.9MM$721.0MM
LoansQ3 2020vs Q3 2019$385.7MM$394.0MM
DepositsQ3 2020vs Q3 2019$681.5MM$617.3MM
Equity CapitalQ3 2020vs Q3 2019$96.4MM$90.3MM
Loan Loss AllowanceQ3 2020vs Q3 2019$7.1MM$5.6MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$1.1MM$1.5MM
Real Estate OwnedQ3 2020vs Q3 2019$55.00K$1.3MM

Sorry, we do not have rate data for First Federal Bank (TN).



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