First Federal Bank of Wisconsin

Headquarters

1617 E Racine Ave
Waukesha, WI 53186
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.85% →
1-Year CD 0.30% 0.80% →
2-Year CD 0.40% 0.80% →
5-Year CD 0.50% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Federal Bank of Wisconsin is an FDIC insured institution located in Waukesha, WI. It was founded in 1922 and has approximately $0.34 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 30422
Date Established 1922
Assets $ 337.72 million
Loans $ 204.47 million
Deposits $ 252.16 million
Capital $ 76.25 million
 

For a more detailed analysis of First Federal Bank of Wisconsin's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 23, 2021

Your Current Location: California, CA 92111

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
Premium Money Market Account
0.15% $10,000 $14,999 Learn More
Premium Money Market Account
0.25% $25,000 $34,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.35% $10,000 $14,999 Learn More
18 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.40% $10,000 $14,999 Learn More
24 Mo CD
0.40% $100,000 $199,999 Learn More
36 Mo CD
0.45% $10,000 $14,999 Learn More
36 Mo CD
0.45% $100,000 $199,999 Learn More
48 Mo CD
0.50% $10,000 $14,999 Learn More
48 Mo CD
0.50% $100,000 $199,999 Learn More
60 Mo CD
0.50% $10,000 $14,999 Learn More
60 Mo CD
0.50% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - September 23, 2021

Your Current Location: California, CA 92111

There are currently no loan rates available for First Federal Bank of Wisconsin

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - California 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.475% 3.375%
0.75 points
$3,125 fees
$1,106 Learn More

Featured - California Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to First Federal Bank of Wisconsin
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Branches

First Federal Bank of Wisconsin branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
San Diego,California


First Federal Bank of Wisconsin Locations


Financial Details

First Federal Bank of Wisconsin Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Federal Bank of Wisconsin. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Federal Bank of Wisconsin U.S. Bank Average
1.45% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, First Federal Bank of Wisconsin had $1,149,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $76,250,000 in equity and $2,813,000 in loans loss reserves. That gives it a Texas Ratio of 1.45%.

Return on Equity
First Federal Bank of Wisconsin U.S. Bank Average
3.89% 11.43%

First Federal Bank of Wisconsin has a Return on Equity of 3.89% versus the BestCashCow average of 11.43%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Federal Bank of Wisconsin U.S. Bank Average
22.58% 11.51%

First Federal Bank of Wisconsin has a Capitalization of 22.58% versus the BestCashCow average of 11.51. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Federal Bank of Wisconsin Balance Sheet Analysis

As of March 31, 2021, First Federal Bank of Wisconsin had assets of $337,717,000, loans of $204,474,000, and deposits of $252,157,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2021
ASSETS
Cash & Balances due from depository institutions $ 54.93 million
Interest-bearing balances $ 42.59 million
Total securities $ 52.26 million
Federal funds sold and reverse repurchase $ 8.40 million
Net loans and leases $ 204.47 million
Loan loss allowance $ 2.81 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.40 million
All other assets $ 11.71 million
     Total Assets $ 261.47 million
LIABILITIES
Total deposits $ 252.16 million
      Interest-bearing deposits $ 176.60 million
      Deposits held in domestic offices $ 252.16 million
      % insured (estimated) 73.49%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 7.50 million
Subordinated debt N.A.
All other liabilities $ 1.81 million
      Total Liabilities $ 261.47 million
      Shareholders’ Equity $ 76.25 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 3.17 million
Total Interest Expense $ 0.27 million
Net interest income $ 2.90 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.36 million
Total non interest expense $ 2.32 million
Pre-tax Net Operating Income $ 0.94 million

Bank Loan Profile?

The top three loan types in First Federal Bank of Wisconsin’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Multifamily Mortgages.

Compared to other banks in Wisconsin, First Federal Bank of Wisconsin has a significantly higher percent of Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 28.29
Multifamily
Mortgages
15.35
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 4.94
Commercial Real Estate 40.97
Commercial and Industrial Loans 11.77
Farm Loans 0.00

Frequently Asked Questions About First Federal Bank Of Wisconsin

Branches and Savings

Is First Federal Bank Of Wisconsin FDIC insured?

Yes. It is covered under FDIC Certificate #30422.

Why does First Federal Bank Of Wisconsin pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Federal Bank Of Wisconsin CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Federal Bank Of Wisconsin a commercial bank?

Yes

Where are First Federal Bank Of Wisconsin locations?

See branch locations nearby.

Is First Federal Bank Of Wisconsin open on Saturdays?

Is First Federal Bank Of Wisconsin open on Sundays?

What time does First Federal Bank Of Wisconsin open?

What time does First Federal Bank Of Wisconsin close?

Are First Federal Bank Of Wisconsin ATMs Open 24/7?

Do First Federal Bank Of Wisconsin ATMs accept cash deposits?

Can First Federal Bank Of Wisconsin customers use other ATMs?

Do First Federal Bank Of Wisconsin branches have notaries?

Will First Federal Bank Of Wisconsin notarize my document?

What address for First Federal Bank Of Wisconsin should I put for incoming ACH transfers?

Will the First Federal Bank Of Wisconsin branch print checks?

Do First Federal Bank Of Wisconsin checks expire?

Does First Federal Bank Of Wisconsin require US citizenship to open account?

Can First Federal Bank Of Wisconsin close my account?

Does First Federal Bank Of Wisconsin Report to credit bureaus?

Does First Federal Bank Of Wisconsin Use Equifax?

What is First Federal Bank Of Wisconsin's ACH Routing Number?

What is First Federal Bank Of Wisconsin's SWIFT code?

Products

Does First Federal Bank Of Wisconsin offer mortgages?

Compare mortgage rates here.

Does First Federal Bank Of Wisconsin offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Federal Bank Of Wisconsin offer personal loans?

Compare personal loan rates here.

Does First Federal Bank Of Wisconsin offer student loans?

Will First Federal Bank Of Wisconsin cash a check?

Will First Federal Bank Of Wisconsin redeem a savings bond?

Does First Federal Bank Of Wisconsin cash savings bonds?

Will First Federal Bank Of Wisconsin cash money orders?

Can First Federal Bank Of Wisconsin issue a money order?

Does First Federal Bank Of Wisconsin do currency exchange?

Background on The Bank

Who owns First Federal Bank Of Wisconsin?

How long has First Federal Bank Of Wisconsin been around?

Can First Federal Bank Of Wisconsin transfer to other banks?

Does First Federal Bank Of Wisconsin have quick pay?

Does First Federal Bank Of Wisconsin accept rolled coins?

Will First Federal Bank Of Wisconsin accept loose change?

Where is First Federal Bank Of Wisconsin headquarters?

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