First Federal Bank is a bank based in Lake City, Florida, established in 1961, with $4.4 billion in total assets across 30 branches. By Trust Grade it ranks 6th of 83 banks we track in Florida. Its capital ratio of 10.1% trails most similarly sized banks (47th percentile), versus a Florida median of 9.3%. It was profitable over the most recent period, with a 1.22% return on assets. No consumer complaints against First Federal Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Federal Bank compares to Florida peers
How we graded First Federal Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.1% capital ratio)
- Strongly profitable (ROA 1.22%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Federal Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (30)
- 507 Hatley St W, Jasper, FL 32052
- 187 N Fletcher Ave, Mayo, FL 32066
- 2571 W Us Highway 90, Lake City, FL 32055
- 707 Sw Main Blvd, Lake City, FL 32025
- 11035 County Road 136, Dowling Park, FL 32060
- 1102 Ohio Ave N, Live Oak, FL 32064
- 36 Sea Island Pkwy, Beaufort, SC 29907
- 804 Ohio Ave S, Live Oak, FL 32064
- 4701 Highway 90, Marianna, FL 32446
- 4215 Lafayette St, Marianna, FL 32446
- 4705 W Us Highway 90, Lake City, FL 32055
- 910 Sw 1st Ave, Ocala, FL 34471
- 1012 Main St, Chipley, FL 32428
- 206 Sw 10th St, Ocala, FL 34471
- 1700 Ribaut Rd, Port Royal, SC 29935
- 36 Sea Island Pkwy, Beaufort, SC 29907
- 784 S 6th St, Macclenny, FL 32063
- 5860 W Highway 40, Ocala, FL 34482
- 463845 State Road 200, Yulee, FL 32097
- 415 N Richard Jackson Blvd, Panama City, FL 32407
- 962 8th Ave, Graceville, FL 32440
- 4200 Sw 34th St, Gainesville, FL 32608
- 5100 Sw 25th Blvd, Gainesville, FL 32608
- 8399 Sw 80th St, Ocala, FL 34481
- 40 Floco Ave, Yulee, FL 32097
- 4705 W Us Highway 90, Lake City, FL 32055
- 9700 Touchton Road, Jacksonville, FL 32246
- 841 S Walnut St, Starke, FL 32091
- 1891 S 14th St, Fernandina Beach, FL 32034
- 300 N Waukesha St, Bonifay, FL 32425
Are deposits at First Federal Bank insured?
Yes. First Federal Bank is an FDIC-insured bank (FDIC certificate #31313). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First Federal Bank: frequently asked questions
Is First Federal Bank a good bank?
First Federal Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.1% capital ratio); Strongly profitable (ROA 1.22%).
Is First Federal Bank FDIC-insured?
Yes. First Federal Bank is a FDIC-insured bank (FDIC certificate #31313). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Federal Bank?
First Federal Bank holds $4.4 billion in total assets, ranking 6th of 83 banks we track in Florida. It operates 30 branches.
Does First Federal Bank have CFPB complaints?
No CFPB complaints against First Federal Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
