First Federal Savings Bank named SBA Community Lender Bronze Winner
First Federal Savings Bank is honored to receive the 2020 Community Lender Bronze Award presented by the Indiana District Office of the Small Business Administration, (SBA). First Federal funded 25 SBA 7(a) loans in 2020 totaling $21,050,400 supporting small businesses in Indiana.
First Federal Savings Bank ranked 5th out of 121 lenders who were active in the state of Indiana during the SBA’s 2020 fiscal year. Michael Zahn, President and CEO of the bank comments, “We are honored to be recognized as one of the best SBA lenders in the state.” Zahn continues, “Our commercial team does an excellent job working with customers to provide the best loan options to meet their needs.” First Federal prides itself on supporting small businesses in their communities by offering SBA guaranteed loans, conventional loans, and other financial products and services to the small business community.