First Federal Savings Bank

First Federal Savings Bank

  • First Federal Bldging 633 La Salle St
  • Ottawa, Illinois
  • 61350
  • Phone: (815) 434-3730
  • Fax: (574) 546-5783
  • Website

Description

For many people, home ownership and secure savings typifies the American Dream. Making that dream possible for customers is the focus of First Federal Savings Bank.Local mortgage availability was needed in the Rochester, Indiana community in the mid 1960s, so, in answer to that need, Richard E. Belcher opened First Federal Savings and Loan Association of Fulton County in 1966. He began as President, and continues in that role today.By the end of 1972, First Federal had assets of more than $7 million. It became the first thrift in Indiana to convert from a mutual association to stock by issuing 130,000 shares in 1977. The name of First Federal Savings and Loan Association of Fulton County was changed in 1984 to First Federal Savings Bank to better reflect the function of the bank. Since then, First Federal has become one of the fastest growing banks in the state, with a strong emphasis on mortgage loans. First Federal services over $1.3 billion of first mortgage home loans.

Fact sheet

Number of employees
10-14

Company contacts

  • Dennis Bilinski
  • Manager

Products & services

bank

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