First Federal Savings Bank (31516) is headquartered in ROCHESTER and is the 33rd largest bank in the state of Indiana. It is also the 1,511th largest bank in the nation. It was established in 1965 and as of March of 2025, it had grown to 123 employees at 6 locations. First Federal Savings Bank (31516)'s CD rates are 4X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 31516 |
Year Established | 1965 |
Employees | 123 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.82% |
Return on Equity - YTD | 9.19% |
Annual Interest Income | $8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $629.1MM$646.9MM |
Loans | Q1 2025vs Q1 2024 | $535.3MM$539.7MM |
Deposits | Q1 2025vs Q1 2024 | $502.4MM$521.3MM |
Equity Capital | Q1 2025vs Q1 2024 | $58MM$54.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $5.8MM$6MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $4.7MM$3.4MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $110K$199K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.03% | $0 | - | Christmas Club Account | |
0.03% | $0 | - | Simply Business Savings Account | |
0.03% | $0 | - | Simply Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.15%* | $50k* | - | Money Market Account | ||
OTHER TIERS: 0.05% → $0 - $10k | 0.08% → $10k - $25k | 0.12% → $25k - $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.02% | $500 | - | 3 Month IRA | |
3.91% | $500 | - | 6 Month IRA | |
3.55% | $500 | - | 12 Month IRA | |
3.29% | $500 | - | 36 Month IRA | |
3.29% | $500 | - | 48 Month IRA | |
3.29% | $500 | - | 60 Month IRA |
First Federal Savings Bank (31516) Locations | ||
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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 E 9th St | 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 |