About

On December 10, 1915, fifteen people assembled to organize a building and loan company in Twin Falls. On January 7, 1916, First Federal was incorporated and the by-laws were adopted. Since making our first loan on June 16, 1916 in the amount of $700, First Federal has remained true to its roots, while growing to it's current asset size of over $1.3 billion. Bank president and CEO Jason Meyerhoeffer states, ''As Idaho’s only mutually owned bank, our commitment is to you - our customers - and the communities we serve... As a mutual bank, our customers are our owners. Our success is measured by your success. With 14 branches throughout Southern Idaho we are an active part of the communities we serve and we strive each day to continue to play a vital role in the Magic Valley and achieve our mission of ''enhancing the well-being of our customers by providing solutions to their financial needs.'' In 2003 First Federal established the First Federal Foundation whose mission is to serve the needs of its communities by actively seeking community development opportunities to support educational, civic, health, human services, social, and cultural organizations that address these objectives. Biannually the Foundation's Board of Directors awards grants to capital projects between $1,000 - $5,000. To apply to receive a grant please visit https://www.bankfirstfed.com/connect/community/first-federal-foundation.html