First Federal Bank Blog

On May 22, First Federal Bank hosted its first Nonprofit Summit, bringing together nonprofit organizations, community leaders, and banking professionals to foster partnerships and develop strategies to support Jacksonville’s low-to-moderate income residents. Four of the attending nonprofits received a $250 donation and Teen Leaders of AMERICA...

 First Federal Bank, headquartered inLive Oak, Florida, provided a significant contribution of$100,000toOne More Child. The donation is part of theStrong Families Tax Creditprogram, enabling businesses to receive a dollar-for-dollar tax credit up to a certain amount in support of select charitable organizations.

First Federal Bank’s newest location will be opening in Jacksonville, FL. This is the 26^th full service banking center, accompanying locations in Macclenny, Wildlight, Yulee, and Fernandina. This new location will leverage the strong position First Federal Bank has with both mortgage services and small business lending in the Duval market.

First Federal Bank has been honored as one of America’s Best Regional Banks for 2025 by Newsweek. This marks the fifth consecutive year the bank has received this recognition. Newsweek, in collaboration with research firm Plant-A Insights, evaluated a bank’s credit quality as well as reviewed profitability and net loans and leases, press coverage...

I remember arriving in Live Oak, Florida in 1974 as a 10-year-old immigrant from the Dominican Republic and not being able to speak English. Prior to starting school at Suwannee Elementary School, I had to visit a doctor and get the required immunization. That's when I first met Dr. Hugo Sotolongo, one of the few doctors in Live Oak and an...

This year’s GivingTuesday event will take place on December 3, 2024. Millions of people will use their power of, “radical generosity” to change the world. Giving in the United States totaled $3.1 billion in 2023. 34 million adults in the U.S. participated. Here is some information on this popular movement:

Through partnerships with local schools, First Federal Bank is dedicated to equipping students with the knowledge and skills necessary to make informed financial decisions. By accessing tools from Banzai, a premium online financial literacy program, First Federal and educators are teaching students better financial habits for free.

First Federal Bank, in collaboration with Karen Mackey from the Marion County School Board and Advent Health Ocala, provided a unique one-day learning experience for a group of student interns with disabilities, aged between 18-22. The focus of this Advent Health Ocala supported one-year unpaid internship is to equip these students with real-world...

The Down Payment Assistance is a second mortgage subsidy to assist borrowers who may be struggling with down payment obligations. The subsidy offers up to $7,500 to cover 100% of down payment and closing costs. Furthermore, eligible active duty and retired military personnel, reserves, law enforcement officers, corrections officers, and educators...

First Federal Bank shared a generous donation of $30,000 to the Boys & Girls Clubs of Northeast Florida and their roofing improvement project for their Northwest location. This contribution highlights First Federal Bank's dedication to the local community and the support of organizations that empower youth.