First Federal Savings Bank is proud to announce that president and CEO Michael Zahn has been elected chairman of the Indiana Bankers Association (IBA).
Zahn was officially elected to the position on November 18, 2020 and assumed duties on January 1, 2021. For more details, click on this link to a "Fort Wayne Business Weekly" interview with Mike!
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.
First Federal Savings Bank Recognized on “Dividend Champions” list
First Federal Savings Bank is one of only 18 banks in the country to be named to the prestigious “Dividend Champions” list for 2020. This honor is given to publicly-traded companies who have increased their dividends at least 25 years in a row. First Federal is a subsidiary of Northeast Indiana Bancorp, Inc. To find the full list, visit https://dividendvaluebuilder.com/dividend-champions-list/
First Federal lands on "Dividend Champions" list
First Federal Savings Bank is one of 18 banks in the nation to find itself on the "Dividend Champions" list. This honor is given to companies that have increased their dividends at least 25 years in a row. Click here for the full list
First Federal is pleased to announce "Swipe to Win" Winners
First Federal Savings Bank held a "Swipe-to-Win" contest From November 23- December 31, 2020. First Federal Savings Bank business and retail 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 2021 and came in to accept their $500 checks.
Retail Card Winner, Jeremy Brown accepts his check from Marketing Director, Amanda Stroup, at the Frontage Road location in Huntington.
Business Card Winner, Ashlie Buzzard of Hoosier Real Estate Group accepts her check from Marketing Assistant, Sydni Fife, at the Frontage Road location in Huntington.
First Federal Savings Bank Donates to Huntington Catholic Schools
First Federal Savings Bank has partnered with the Scholarship Granting Organization (SGO) of Northeast Indiana to provide grants to children within the private education system in Huntington. Their $10,000 gift, with others, will return over 1 million dollars in state vouchers to families in the state each year from first grade through twelfth grade.
Derek Boone, the Principal of Huntington Catholic School, states, "Huntington Catholic is truly grateful for the generous support of First Federal. The SGO donations we have received from First Federal has allowed 15 students to receive scholarships the past two school years, making a Catholic education affordable for many families. The impact of these donations will be felt for many years to come!"
Shown in the photo from left to right are Principal of Huntington Catholic School, Derek Boone, First Federal Savings Bank's President and CEO, Michael Zahn, Father Tony Steinacker.