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Overview / Commentary
633 La Salle St
Ottawa, IL 61350

First Federal Savings Bank (IL) is headquartered in Ottawa and is the 113th largest bank in the state of Illinois. It is also the 1,893rd largest bank in the nation. It was established in 1889 and as of September of 2016, it had grown to 115 employees at 12 locations. First Federal Savings Bank (IL) has a B+ health rating.

Reviews (1)

Overdraft Issue

Posted by: oberuwe | Feb 22, 2013

A company made an unauthorized and unpermitted charge from my account which made the chaecking account overdrawn, I made the bank aware of it, but they just kept charging me overdraft fees, as more charges came through, lost $150.00 in a matter of hours, and was told it is "automatic", it is really dayrape, as the original ACH was not my fault at all, the company reversed the unaothorized charges but this Bank did not, I reported this situation to the BBB and the FTC, and will close all accounts accociated with this bank, including all the people I know having accounts with this bank, its just not fair!


Health Grade Components

FDIC Certificate #28924
Year Established1889
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.57%
Return on Equity - YTD5.33%
Annual Interest Income$8.4MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$359.8MM$363.8MM
LoansQ3 2016vs Q3 2015$254.1MM$261.1MM
DepositsQ3 2016vs Q3 2015$314.1MM$316.3MM
Equity CapitalQ3 2016vs Q3 2015$40.0MM$37.9MM
Loan Loss AllowanceQ3 2016vs Q3 2015$2.7MM$3.3MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$3.4MM$3.8MM
Real Estate OwnedQ3 2016vs Q3 2015$1.3MM$1.3MM

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First Federal Savings Bank (IL) has 12 locations. Click to view all First Federal Savings Bank (IL) locations.