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First Federal Bank Named Idaho's Top Mortgage and Consumer Loan Lender

07/18/2024

First Federal Bank Named Idaho's Top Mortgage and Consumer Loan Lender

 

TWIN FALLS, Idaho – The Independent Community Bankers of America (ICBA) has named First Federal Bank as the top mortgage and consumer loan lender in Idaho. Nationally, First Fed was recognized as 11th best in the category of banks with over $1 billion in assets. Using FDIC data for 2023, ICBA calculated a lender score out of 100 for each community bank. The score combines the average of the bank’s percentile rank for lending concentration and loan growth in each lending category over the past year, adjusted for loan charge-offs at certain percentile thresholds. First Federal Bank was the only Idaho bank acknowledged by the ICBA’s research.

“We are very proud to be recognized by the ICBA and their publication, Independent Banker, for our efforts in the mortgage and consumer loan space,” stated Jason Meyerhoeffer, President and CEO of First Federal Bank. “A hallmark throughout First Fed’s history has been our focus and commitment to enhancing the financial well-being of our members. This recognition is also a testament to the incredible work of our employees. They truly live our mission to help others and improve lives.”

“Community banks are pillars of their communities and work hard every day to serve the unique needs of their local customers,” ICBA President and CEO Rebeca Romero Rainey said. “These top lenders should take pride in this recognition, knowing that their work makes a positive impact in helping their communities flourish.”

The ICBA’s recent issue of Independent Banker highlights how top agriculture, commercial, and consumer and mortgage loan producers are navigating the evolving economic environment while meeting the needs of their customers. This year's standout performers have demonstrated remarkable flexibility and ingenuity while maintaining strong community ties that have contributed to their success and strong, prosperous communities.

This year’s top lenders are featured in the July issue of Independent Banker magazine.

About the Independent Community Bankers of America

The Independent Community Bankers of America have one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.