Our 2024 Community Impact Report is Here - Take a Look!
Community Impact Report
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We were built on the principle that relationships should be at the forefront of our business and we've always made the community's needs our primary focus. Our decision-making is rooted in supporting the areas in which we do business, providing products and services that mutually benefit our community.
We’re proud to work here, proud to give back to our community, and proud to serve you.
The forerunner of our present Savings and Loan Association was organized in McMinnville as the American Savings and Loan Corporation.
The American Savings and Loan Corporation made application for federalization and the name was changed to First Federal Savings and Loan Association of McMinnville.
The Association was granted a certificate of insurance and became an insured institution through the FSLIC.
First Federal Savings and Loan Association of McMinnville received its charter.
The Newberg branch was established at 513 E. Hancock Street.
The Sheridan branch was opened at 229 Bridge Street. The branch quickly outgrew the space.
The McMinnville Home Office was originally located on the corner of Third and Evans when it moved to the present location at 118 NE Third Street.
The Sheridan branch was moved to the current location at 246 Bridge Street.
Amity and Carlton branches established. The Carlton branch was opened at the current location of 335 W Madison Street. The Amity branch was opened at the current location of 110 Maddox Street.
The Newberg branch was relocated to the current location at 121 N Edwards Street
Baker Creek branch established in McMinnville
Friendsview branch established in Newberg's Friendsview Retirement Community
Hillside branch established in McMinnville's Hillside Retirement Community
First Federal expands eBanking and Loan products. Mobile Banking App, Mobile Check Deposit, Business Online Banking, Business ACH, Business Wires, Business Remote Deposit Capture and Commercial Lending.
First Federal is rated 5-Star for financial strength by BauerFinancial, Inc., the nation's leading bank rating firm. BauerFinancial rates all banks and credit unions on a zero-to-five star scale with 5-stars being the strongest. First Federal can be found on Bauer's Recommended Bank Report.
First Federal is recognized by DepositAccounts.com, a subsidiary of LendingTree, as one of the Top 200 Healthiest Banks in America.
First Federal updates brand image to align with vision for the next 100 years.
Portland Business Journal Corporate Philanthropy Award Winner
Recognized as one of Oregon's 100 Best Companies to Work For from Oregon Business
Recognized as Business of the Year from McMinnville Downtown Association
Recognized as Best Small Bank in Oregon by Newsweek
Ranked in the Top 200 Healthiest Banks in America by DepositAccounts.com, a subsidiary of Lending Tree
At First Federal, giving back to our community is a part of us. Stronger and better together, we partner with the residents of Yamhill County to cultivate charitable giving and support to multiple giving programs.