First Federal Bank Blog

Lake City, Florida – First Federal Bank announced today it will donate to sixty non-profit organizations over a period of 60 days. Founded in 1962, 2022 marks First Federal Bank’s 60^th anniversary of being a community bank. To celebrate, bank employees will nominate local organizations and one winner will be drawn each day for 60 days. $1000 will...

First Federal Bank understands the positive impact an organization can have on a community, and has been passionate about giving back for nearly 60 years. In 2021, the community-based mutual savings bank supported special projects for education programs, mental health and medical agencies, food service agencies, athletic programs, animal services,...

First Federal Bank announces that Alex Rivera has been appointed as the Director of Mortgage Finance and Capital Markets Operations. His primary role will be the oversight for the financial, accounting, and operational aspects of Residential Mortgage Banking.

First Federal Bank customers want to feel confident their financial institution is on solid financial footing, and is proud to have been rewarded an A+ rating – the highest health grade given out by DepositAccounts.com – for the first quarter of 2021. Once per quarter, DepositAccounts.com evaluates the financial health of every federally-insured...

For tens of millions of people in the U.S., a daily meal isn’t as simple as deciding what to eat. According to the non-profit organization Feeding America, it is often a choice between food and other crucial needs—like medicine, electricity, or childcare.

For the second year in a row, First Federal Bank was named in Newsweek’s America’s Best Banks 2022 as the Best Small Bank in Florida.

This distinction is the result of Newsweek evaluating their annual Best Banks rankings. With the assistance of LendingTree, Newsweek assessed more than 50 different factors from thousands of FDIC-insured banks and...

First Federal Bank was recently listed by American Banker as one of the top mid-tier banks ($2B to $10B in total assets) for 2021. First Federal ranked #26 out of 282 institutions rated, and was #1 in Florida.

First Federal Bancorp Inc. announced that it is changing the name of the  CBC Mortgage division to First Federal Bank. The name change follows the 2018 merger with Coastal Banking Company Inc. and reflects the company’s commitment to a consistent brand and customer experience.

At First Federal Bank, we understand the positive impact an organization can have on a community. We are passionate about giving back because we take our responsibility to reinvest in our communities seriously. In 2020, First Federal supported special projects for after-school programs, intellectual and developmental disability agencies, temporary...

First Federal Bank is pleased to announced a new partnership with Zelle®, a simple, safe way to receive and send money. The Zelle Network® connects financial institutions of all sizes, enabling consumers and businesses to send fast digital payments to people they know and trust through their trusted banking app.