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First Fed Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.ourfirstfed.com
800-800-1577
105 W 8Th St
Port Angeles, WA 98362

First Fed Bank is headquartered in PORT ANGELES and is the 9th largest bank in the state of Washington. It is also the 556th largest bank in the nation. It was established in 1923 and as of March of 2025, it had grown to 227 employees at 15 locations. First Fed Bank has a B health rating.

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Health
B

Data as of Q1 2025

Learn why bank health matters
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. First Fed Bank has a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #28405
Year Established1923
Employees227
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-1.65%
Return on Equity - YTD-20.6%
Annual Interest Income$26.8MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$2.16B$2.22B
LoansQ1 2025vs Q1 2024$1.64B$1.69B
DepositsQ1 2025vs Q1 2024$1.67B$1.67B
Equity CapitalQ1 2025vs Q1 2024$171.1MM$180.5MM
Loan Loss AllowanceQ1 2025vs Q1 2024$20.6MM$18MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$20.4MM$28.1MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates

Sorry, we do not have rate data for First Fed Bank.

Locations

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