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First Federal Saving Bank Salary

First Federal Saving Bank Salary

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As of August 2026, the average annual salary for employees at First Federal Saving Bank in the United States is $87,939. This translates to an approximate hourly wage of $42. Salaries at First Federal Saving Bank typically range from $77,093 to $99,746 annually, reflecting the diverse roles and experience levels within the company.
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Is First Federal Saving Bank’s Pay Competitive? Salary Benchmarking Analysis

How does First Federal Saving Bank's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Woodsville Guaranty Savings Bank $94,383
+7.3%
Reflects a supply-demand imbalance for the specific talent Woodsville Guaranty Savings Bank targets.
Lafayette Savings Bank $91,947
+4.6%
Reflects structural premiums typical of Lafayette Savings Bank's large-cap national operations.
First Bancorp of Indiana Inc $91,209
+3.7%
Influenced by prevailing union wage agreements specific to First Bancorp of Indiana Inc's sector.
3 Crown Capital LLC $91,209
+3.7%
Data suggests 3 Crown Capital LLC's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+38.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How First Federal Saving Bank's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at First Federal Saving Bank. Click a company name to learn more.

Employee Reviews: Working at First Federal Saving Bank

Considering a career at First Federal Saving Bank? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Leaders are approachable and genuinely interested in employee feedback. What sets this financial company apart is its unwavering focus on client success. This financial services company offers one of the most attractive compensation packages in the industry. The company invests heavily in employee development through mentorship programs, sponsored certifications, and leadership training. Public tr...
Commented in April 05, 2025
46
1
Teamwork is key, and everyone contributes. Great leadership team. Strong leadership fosters professional growth and teamwork. It's reassuring to work for management that truly walks the talk. Work-life balance initiatives, like remote options and mental health support, make a real difference.
Commented in February 25, 2025
36
3
This company offers stability, competitive pay, and a positive environment for career growth. Promotions depend heavily on tenure rather than merit. The workplace is inclusive, where diverse perspectives are valued and encouraged. It’s a predictable job environment suited for those who thrive in structure and are fine with fewer surprises.
Commented in January 07, 2024
37
2

First Federal Saving Bank Overview

Website
www.firstfedindiana.bank
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
100 Frontage Rd Huntington Indiana IN 46750
Revenue
$10 Million - $50 Million
Phone Number
+1 2603581414
Social Media
About First Federal Saving Bank
First Federal Savings Bank is based out of Huntington, Indiana with additional branch locations in Fort Wayne and Warsaw, Indiana.

What Benefits Does First Federal Saving Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Federal Saving Bank offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at First Federal Saving Bank?
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What Is the Cost of Living Near Fort Wayne?

Understanding the cost of living near Fort Wayne is key to truly evaluating a salary offer or your current compensation at First Federal Saving Bank.
Fort Wayne's Cost of Living Index is approximately 77.2 (22.8% less expensive than US average; 14.8% less than IN average). NE IN city, very affordable housing. Citilink. When planning your budget based on a salary from First Federal Saving Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of First Federal Saving Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Citilink monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,920 - $3,100+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Federal Saving Bank

1. How much does First Federal Saving Bank in the United States pay?

First Federal Saving Bank pays its employees an average of $87,939 per year. The average salary at First Federal Saving Bank range from $77,093 to $99,746 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do First Federal Saving Bank employees get a higher salary than its peer company?

The salary at First Federal Saving Bank is lesser than its peer company. The average annual salary at First Federal Saving Bank is $87,939, or an hourly wage of $42, in comparison to Woodsville Guaranty Savings Bank which pays $94,383 per year or $45 per hour.

3. What are the highest paying jobs at First Federal Saving Bank?

The higher-paying job at First Federal Saving Bank, according to our data, include Chief Operating Officer (avg. $397,106 per year), Senior VP & Chief Financial Officer (avg. $354,899 per year), and Vice President, Commercial Lending (avg. $221,005 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at First Federal Saving Bank?

Salary progression with years of experience at First Federal Saving Bank is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at First Federal Saving Bank vary by office location?

Yes, it's very likely that salaries at First Federal Saving Bank vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Fort Wayne section provides more context.

6. Does First Federal Saving Bank offer good benefits?

First Federal Saving Bank typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at First Federal Saving Bank" section on this page.

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