First Federal Savings Bank of Ottawa
in the United States 🇺🇸
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About First Federal Savings Bank of Ottawa in the United States
First Federal Savings Bank of Ottawa is a mutual savings bank headquartered in Ottawa, Illinois. With over 130 years of banking history and approximately $419 million in assets, the institution operates 12 full-service branches across Illinois. As a mutually owned bank, First Federal has no stockholders; instead, depositors are the owners and maintain voting rights. This unique structure means the bank cannot be bought or sold, ensuring name continuity and long-term stability.
The bank serves individuals, families, and businesses throughout north-central Illinois with a comprehensive range of banking products and services. First Federal emphasizes personal service and community relationships while maintaining the scale and resources to meet diverse financial needs.