First Federal is pleased to announce "Swipe to Win" Winners
First Federal Savings Bank held a "Swipe-to-Win" contest in December of 2019. First Federal Savings Bank debit cardholders were entered in a drawing to win one of two $500 prizes every time they used their debit card. The two lucky winners were drawn at the end of January 2020 and came in to accept their $500 checks.
Winner, Andrew Roberts, of Huntington accepts his check from Marketing Assistant, Morgan Miller, at the Frontage Road location in Huntington.
Winner, Owner of Ideal Securities Susan Brown, of Huntington accepts her check from Marketing Director, Amanda Stroup, at the Frontage Road location in Huntington.
First Federal Savings Bank Donates to Huntington Catholic Schools
First Federal Savings Bank has donated $10,000 to Huntington Catholic Schools through the Scholarship Granting Organization of Northeast Indiana. The donation provides scholarships to families for students attending Huntington Catholic giving them access to a high quality education they may not have received otherwise.
Derek Boone, the Principal of Huntington Catholic School, states, "This donation has such a tremendous impact on our school community due to the SGO scholarships HCS can offer to our families, making a private school education more affordable. We feel very blessed and fortunate to have received such a generous donation from First Federal Savings Bank!"
Michael Zahn, President and CEO of First Federal Savings Bank comments, "We are pleased to have an opportunity to support scholarships at Huntington Catholic. The school provides a strong faith based education for its students." Zahn continues, "We’ve had a long relationship with Huntington Catholic and understand its value and importance as an asset for our community."
First Federal Savings Bank is pleased to announce the Recognition of the Zahn Family for The Huntington County Honors Class of 2019
On Oct. 26th, the William and Marjorie Zahn Family was inducted into the Huntington County Business and Professional Honors class of 2019.
Candidates must have made a lasting contribution to the betterment of Huntington County or brought recognition to the community through their actions or achievements. The Zahn's have been leaders whose efforts have contributed to economic development.
First Federal Savings Bank can trace its corporate lineage back more than a century. But the First Federal that people are familiar with began 62 years ago, when a Huntington businessman, William Zahn, joined the board of directors of People's Savings and Loan.
The board appointment led to Zahn becoming a bank employee. He rose quickly to become a vice president and, in 1963, was named its president. Three years later, the institution's name was changed to First Federal Savings and Loan, now First Federal Savings Bank.
William Zahn retired from First Federal in 1990, but his legacy of family leadership continues at the institution.
His son, Stephen E. Zahn, joined the bank in 1966 and became its president and chief operating officer in 1980. The third generation of Zahn family leadership at First Federal arrived when Stephen Zahn's son, Michael, joined the business in 1996. He succeeded his father as president and in 2011, became the bank's CEO.
First Federal Savings Bank donates to YMCA
The Parkview Huntington YMCA is continuing to work towards creating a fun educational environment for preschoolers in Huntington County. In September, Amanda Stroup, Marketing Director at First Federal Savings Bank, delivered reusable travel bags to the school. These bags will be used to help the students travel from room to room within the facility without losing their artwork or their favorite pencils.
Pictured left to right: (Top) Karen Teusch, Preschool Coordinator at YMCA and Amanda Stroup, Marketing Director at First Federal Savings Bank. (Bottom) Dawsyn Stratmeier, age four, and Briley Hatfield, age four.
First Federal Savings Bank Named in Top 200 Community Banks for 7th Year in a Row
First Federal Savings Bank (FFSB) has been named to American Banker Magazine?s Top 200 Community Banks for the 8th consecutive year. The magazine qualifies banks for this listing if they have less than $2 billion in total assets and have stock that is publicly traded. There were 633 banks eligible to be ranked using these qualifiers. FFSB came in at #108 on this year?s list. 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 9th year in row. Embracing our role as a community bank while providing exceptional customer service from our dedicated team has led to our success."