First Federal Savings Bank (IL)
First Federal Savings Bank (IL) is headquartered in Ottawa and is the 110th largest bank in the state of Illinois. It is also the 1,879th largest bank in the nation. It was established in 1889 and as of June of 2019, it had grown to 110 employees at 12 locations. First Federal Savings Bank (IL) has an A health rating.
Overdraft Issue
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!
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 28924 |
| Year Established | 1889 |
| Employees | 110 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.19% |
| Return on Equity - YTD | 1.65% |
| Annual Interest Income | $6.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $368.6MM$365.7MM |
| Loans | Q2 2019vs Q2 2018 | $230.8MM$235.6MM |
| Deposits | Q2 2019vs Q2 2018 | $321.2MM$319.4MM |
| Equity Capital | Q2 2019vs Q2 2018 | $42.9MM$41.2MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $1.5MM$1.7MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $1.7MM$3.0MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $266.00K$972.00K |
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