First Federal Savings Bank (31516)

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.02%	5-year CD	60 Month CD 2.35% - Synchrony Bank 60 Month CD
0.70%	1-year CD	12 Month EZ Access CD 1.40% - Synchrony Bank 12 Month CD
0.03%	Savings	Simply Savings Account 1.15% - CIT Bank Spring Savings

View all First Federal Savings Bank (31516) rates »

Overview / Commentary

www.firstfederalbanking.com

800-422-3372

301 East 9th Street
Rochester, IN 46975

First Federal Savings Bank (31516) is headquartered in Rochester and is the 38^th largest bank in the state of Indiana. It is also the 1,850^th largest bank in the nation. It was established in 1965 and as of March of 2017, it had grown to 133 employees at 6 locations. First Federal Savings Bank (31516) has an A health rating.

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Health

A

Data as of Q1 2017

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Health Grade Components

Overall
FDIC Certificate #	31516
Year Established	1965
Employees	133
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.42%
Return on Equity - YTD	3.65%
Annual Interest Income	$3.4MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$372.4MM$351.6MM
Loans	Q1 2017vs Q1 2016	$278.2MM$251.3MM
Deposits	Q1 2017vs Q1 2016	$295.7MM$296.1MM
Equity Capital	Q1 2017vs Q1 2016	$43.5MM$43.7MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$2.4MM$2.9MM
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$3.9MM$4.7MM
Real Estate Owned	Q1 2017vs Q1 2016	$94.00K$836.00K

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Federal Savings Bank (31516) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.03%	$150	-	Regular Savings Account
0.03%	$150	-	Christmas Club Account
0.03%	$50	-	Simply Business Savings Account
0.03%	$50	-	Simply Savings Account

First Federal Savings Bank (31516) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.05% → Up to $10k \| 0.08% → $10k - $25k \| 0.12% → $25k - $50k

First Federal Savings Bank (31516) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^*	$50k^*	-	Premier Checking Account
OTHER TIERS: 0.01% → Up to $2,500 \| 0.03% → $2,500 - $25k \| 0.04% → $25k - $50k
0.05%^*	$1,500^*	-	Preferred Interest Checking Account
OTHER TIERS: 0.01% → Up to $1,500
0.03%^*	$10k^*	-	Homeowner Checking Account
OTHER TIERS: 0.01% → Up to $2,500 \| 0.02% → $2,500 - $10k
0.01%	$150	-	Regular Checking Account
0.01%	$150	-	Go Green Checking Account
0.01%	$50	-	Direct Interest Checking Account
0.01%	$50	-	50+ Interest Checking Account
0.01%	$50	-	Business Interest Checking Account
0.01%	$50	-	Commercial Checking Account

First Federal Savings Bank (31516) CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$500	-	60 Month CD
1.01%	$500	-	48 Month CD
0.85%	$500	-	36 Month CD
0.75%	$500	-	12 Month CD
0.70%	$5k	-	12 Month EZ Access CD
0.30%	$500	-	18 Month Flexible CD
0.30%	$500	-	2 Year 2 Option CD
0.10%	$500	-	3 Month CD
0.10%	$500	-	6 Month CD

Locations

First Federal Savings Bank (31516) Locations
206 W Plymouth St Branch	206 West Plymouth Street	Bremen, IN 46506
2113 N Michigan Branch	2113 North Michigan	Plymouth, IN 46563
2926 South Main Branch	2926 South Main	Elkhart, IN 46517
First Federal Savings Bank	301 East 9th Street	Rochester, IN 46975
814 U S 35 North Branch	814 U.S. 35 North	Winamac, IN 46996
Mishawaka Branch	906 W Edison Road	Mishawaka, IN 46545