First Federal Savings Bank is a bank based in Rochester, Indiana, established in 1965, with $690 million in total assets across 6 branches. By Trust Grade it ranks 55th of 89 banks we track in Indiana. Its capital ratio of 8.8% trails most similarly sized banks (27th percentile), versus a Indiana median of 9.6%. It was profitable over the most recent period, with a 0.83% return on assets. No consumer complaints against First Federal Savings 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 Savings Bank compares to Indiana peers
How we graded First Federal Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.8% capital ratio)
- Profitable (ROA 0.83%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Federal Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (6)
- 814 U.S. 35 North, Winamac, IN 46996
- 206 W Plymouth St, Bremen, IN 46506
- 2113 N Michigan St, Plymouth, IN 46563
- 2926 S Main St, Elkhart, IN 46517
- 301 E 9th St, Rochester, IN 46975
- 906 W Edison Rd, Mishawaka, IN 46545
Are deposits at First Federal Savings Bank insured?
Yes. First Federal Savings Bank is an FDIC-insured bank (FDIC certificate #31516). 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 Savings Bank: frequently asked questions
Is First Federal Savings Bank a good bank?
First Federal Savings Bank earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Well-capitalized (8.8% capital ratio); Profitable (ROA 0.83%).
Is First Federal Savings Bank FDIC-insured?
Yes. First Federal Savings Bank is a FDIC-insured bank (FDIC certificate #31516). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Federal Savings Bank?
First Federal Savings Bank holds $690 million in total assets, ranking 55th of 89 banks we track in Indiana. It operates 6 branches.
Does First Federal Savings Bank have CFPB complaints?
No CFPB complaints against First Federal Savings 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.
