First Federal Celebrates 121 Years

EVANSVILLE, Ind.,—First Federal Savings Bank began with a simple mission: to provide accessible, reliable financial services to hardworking individuals and families. Today, the bank has grown to ten branches, 135 employees.

“As we reflect on 121 years of serving our customers, we are filled with gratitude for the generations who have trusted us with their financial journeys,” said Michael Head, President & CEO of First Federal Savings Bank. “This milestone is not just a celebration of our history—it’s a recommitment to the future we’re building together.”

From launching its first savings account in Evansville in 1904 to supporting small businesses through economic shifts, First Federal Savings Bank has remained a consistent force for local financial empowerment. The bank has a long-standing tradition of supporting nonprofits, education programs, and economic development efforts that strengthen the communities it serves.

“We’ve always believed that when our community thrives, we thrive,” added Michael Head. “That’s why we’re investing not only in digital tools and smarter banking—but also in our neighborhoods, schools, and local leaders.”

As First Federal Savings Bank enters its 122nd year, the focus remains on innovation, access and trust. New digital enhancements, expanded financial education resources, and small business lending initiatives are all part of the bank’s strategic vision for the next chapter.