First Federal Bank
BankingIdaho, United States201-500 Employees
First Federal Bank, commonly referred to as First Fed, is a mutual bank based in Twin Falls, Idaho, with no shareholders or majority owners. Instead of paying dividends to investors, all earnings are reinvested in employees, members, and the communities it serves. This structure underpins its claim as Idaho's Community Bank of Choice and reflects more than a century of activity in the state. The institution operates in the banking industry as a mid-sized regional bank serving residents and local organizations in Idaho, with a focus on improving members' financial well-being through its products and services. A recent example of its community involvement is the 2026 OtterTank event at the College of Western Idaho, where an $8,000 award was presented to student, staff, and community entrepreneurs as part of the bank's support for local innovation.