Founded in 1958, First Federal Bank is a locally owned and operated community bank. It offers business banking options that include commercial checking and savings accounts and business and mortgage loans, as well as cash and asset management; insurance plans and retirement solutions; and deposit certificates. The bank also offers interest and noninterest bearing legal trust accounts to attorneys with fiduciary responsibility over client funds. Through its personal banking segment, First Federal Bank also provides individual retirement, relationship advantage, youth savings, money market, Christmas club and senior checking accounts. In addition, the bank offers brokerage services and securities and investment products through its capital investment and financial services divisions. It also provides long-term care, Medicare supplement and life insurance coverage to individuals, families and groups. First Federal Bank maintains a branch location in Dunn, N.C.