First Fed Bank is a bank based in Port Angeles, Washington, established in 1923, with $2.1 billion in total assets across 14 branches. By Trust Grade it ranks 24th of 30 banks we track in Washington. Its capital ratio of 8.5% trails most similarly sized banks (14th percentile), versus a Washington median of 10.8%. It was profitable over the most recent period, with a 0.15% return on assets. No consumer complaints against First Fed 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 Fed Bank compares to Washington peers
How we graded First Fed Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.5% capital ratio)
- Profitable (ROA 0.15%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Fed Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (14)
- 333 N Sequim Ave, Sequim, WA 98382
- 1603 E 1st St, Port Angeles, WA 98362
- 227 E 6th St, Port Angeles, WA 98362
- 1201 W Washington St, Sequim, WA 98382
- 131 Calawah Way, Forks, WA 98331
- 141 W 1st St, Port Angeles, WA 98362
- 1321 W Sims Way, Port Townsend, WA 98368
- 105 W 8th St, Port Angeles, WA 98362
- 3035 Nw Bucklin Hill Rd, Silverdale, WA 98383
- 1270 Barkley Blvd, Bellingham, WA 98226
- 1215 12th St Ste 105, Bellingham, WA 98225
- 323 High School Rd Ne, Bainbridge Island, WA 98110
- 1860 Main St, Ferndale, WA 98248
- 105 W 8th St Suite 104, Port Angeles, WA 98362
Are deposits at First Fed Bank insured?
Yes. First Fed Bank is an FDIC-insured bank (FDIC certificate #28405). 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 Fed Bank: frequently asked questions
Is First Fed Bank a good bank?
First Fed Bank earns a Bankzia Trust Grade of B (86/100, "Strong"), based on a financial-strength score of 86/100 (it has no CFPB complaints on record). Well-capitalized (8.5% capital ratio); Profitable (ROA 0.15%).
Is First Fed Bank FDIC-insured?
Yes. First Fed Bank is a FDIC-insured bank (FDIC certificate #28405). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Fed Bank?
First Fed Bank holds $2.1 billion in total assets, ranking 24th of 30 banks we track in Washington. It operates 14 branches.
Does First Fed Bank have CFPB complaints?
No CFPB complaints against First Fed 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.
