First Federal Savings Bank Named Top 200 Community Banks For 12th Year In A Row

June 23, 2023 at 8:31 p.m.
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First Federal Savings Bank (FFSB) has been named to American Banker Magazine’s Top 200 Community Banks for the 12th consecutive year. The magazine qualifies banks for this listing if they have less than $2 billion in total assets and are publicly traded. FFSB came in at 59th on this year’s list of the top 200 publicly traded community banks. This is a three-spot improvement from 62nd in 2021. The magazine ranked the institutions based on the profitability metric, return on average Equity, over a three-year period. Only 12 banks from the state of Indiana made the list and First Federal Savings Bank ranked fourth in the state.

Michael Zahn, president and CEO of First Federal Savings Bank, said, “It is an honor to be recognized by American Banker Magazine for the 12th year in row. Embracing our role as a community bank while providing exceptional customer service from our dedicated team has led to our financial success.”

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First Federal Savings Bank (FFSB) has been named to American Banker Magazine’s Top 200 Community Banks for the 12th consecutive year. The magazine qualifies banks for this listing if they have less than $2 billion in total assets and are publicly traded. FFSB came in at 59th on this year’s list of the top 200 publicly traded community banks. This is a three-spot improvement from 62nd in 2021. The magazine ranked the institutions based on the profitability metric, return on average Equity, over a three-year period. Only 12 banks from the state of Indiana made the list and First Federal Savings Bank ranked fourth in the state.

Michael Zahn, president and CEO of First Federal Savings Bank, said, “It is an honor to be recognized by American Banker Magazine for the 12th year in row. Embracing our role as a community bank while providing exceptional customer service from our dedicated team has led to our financial success.”
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