Total Assets
$2.1B
Total Deposits
$1.6B
Branches
15
Established
1923
First Fed Bank is a bank headquartered in Port Angeles, Washington, established in 1923. It holds $2.1B in total assets across 15 branch locations. In our editorial opinion, based on public FDIC/NCUA data, First Fed Bank earns a TFS Financial Health Grade of D+ (60.3/100) — our editorial assessment, not an official rating or financial advice.
TFS Health Grade
60.3 / 100
Below average financial health
How we gradeTFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.
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Financial data through June 30, 2026. Updated by TFS August 28, 2026. Data sourced from FDIC BankFind Suite as of 2026-Q2. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
| Branch | Address | City | State | Type |
|---|---|---|---|---|
| First Fed BankHQ | 105 W 8th St | Port Angeles | WA | 21 |
| First Fed Bank | 323 High School Rd Ne | Bainbridge Island | WA | 11 |
| First Fed Bank | 1100 Bellevue Way Ne | Bellevue | WA | 11 |
| First Fed Bank | 1215 12th St Ste 105 | Bellingham | WA | 11 |
| First Fed Bank | 1270 Barkley Blvd | Bellingham | WA | 11 |
| First Fed Bank | 1860 Main St | Ferndale | WA | 11 |
| First Fed Bank | 131 Calawah Way | Forks | WA | 11 |
| First Fed Bank | 105 W 8th St Suite 104 | Port Angeles | WA | 13 |
| First Fed Bank | 1603 E 1st St | Port Angeles | WA | 11 |
| First Fed Bank | 227 E 6th St | Port Angeles | WA | 11 |
| First Fed Bank | 141 W 1st St | Port Angeles | WA | 21 |
| First Fed Bank | 1321 W Sims Way | Port Townsend | WA | 11 |
| First Fed Bank | 1201 W Washington St | Sequim | WA | 11 |
| First Fed Bank | 333 N Sequim Ave | Sequim | WA | 11 |
| First Fed Bank | 3035 Nw Bucklin Hill Rd | Silverdale | WA | 11 |
Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from FDIC Enforcement Decisions and Orders / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.
Benchmarked against 60 active, federally insured banks reporting in the same quarter and holding roughly 0.5×–2× its assets. Same-state and overlapping-market peers are prioritized.
TFS health score
60.3
Tier 1 capital ratio
9.64%
Return on assets
0.20%
Non-performing loans
1.28%
Efficiency ratio
94.71%
Asset growth (YoY)
-3.43%
Suggested direct comparisons
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Complaint percentiles are intentionally withheld while TFS audits CFPB company matching and import coverage. Peer conclusions use complete same-quarter regulatory metrics only.