First Federal Savings Bank Named in Top 200 Community Banks for 10th Year in a Row
First Federal Savings Bank (FFSB) has been named to American Banker Magazine’s Top 200 Community Banks for the 10th consecutive year for 2020. The magazine qualifies banks for this listing if they have less than $2 billion in total assets and have stock that is publicly traded. FFSB came in at #78 on this year’s list of the top 200 publicly traded community banks. This is a 19-spot improvement from #97 in 2019. The magazine ranked the institutions based on the profitability metric, Return on Average Equity, over a 3 year period. Only 13 banks from the state of Indiana made this elite list.
Michael Zahn, President and CEO of First Federal Savings Bank, states, “It is an honor to be recognized by American Banker Magazine for the 10th year in row. Embracing our role as a community bank while providing exceptional customer service from our dedicated team has led to our success.”