First Federal Savings & Loan Assn
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First Federal Savings & Loan Assn
For over 80 years, First Federal Savings has been an active member in the communities of greater Bath, Wiscasset, Boothbay Harbor and Damarsicotta. This website contains material for informational purposes only. The transmission and receipt of information on this website does not form or constitute any formal relationship or contract with First Federal Savings.

Persons receiving information contained on this web site should not act upon the information without seeking professional advice. Any links to other websites are provided only for the purpose of convenience and do not constitute a referral or endorsement of any linked site or its owner. First Federal Savings is not responsible for the contents of any linked site or any link contained in a linked site, or any changes or updates to such sites.
Services
In 1935 First Federal Savings & Loan was founded with only $2,635 in assets and has grown to over $160 million today. First Federal Savings & Loan Association of Bath, Maine is a federally chartered mutual institution founded by local community and business leaders. From its modest beginnings, First Federal Savings & Loan (FFS&L) has prospered over the last eighty years into an institution with a respected position in its two-county market area.
With no per item or per month fees, you can't beat a checking account from First Federal Savings. Checking account services include: MasterMoney Cards, Online Banking, Bill Pay, Overdraft Protection, and Pre-Authorized Transfers. Convenient locations, surcharge free ATMs statewide and people you can trust!
Federal Regulation D states that no more than 6 covered transfers or withdrawals such as (1) a preauthorized transfer (2) automatic transfer (3) using the bank's home or Internet banking service, made to another account of the same depositor at the same bank within a statement cycle.

Our statement savings accounts work the same as our previously offered passbooks, except that you will receive a monthly statement showing your transactions, each month.First Federal Savings is happy to open accounts for anyone living in the mid-coast area on a permanent or seasonal basis. Valid, non-expired picture identification and social security card required.
We know that investing in your future is important, that's why at First Federal Savings we strive to offer the investment products you need. With a wide variety of Certificates to choose from you are sure to find what you need, right here, in your local bank. We offer: 6 month, 9 month, 10 month, 11 month, 12 month, 15 month, 18 month, 24 month, 30 month, 48 month and 54 month term CD's.
Federal Regulation D dictates that only 6 preauthorized transfers and withdrawals from the money market account are allowed within a statement cycle. If you have $10,000 or more to invest, ask about our First Federal Savings PREMIER MONEY MARKET ACCOUNT. To be eligible you must have a new or existing First Federal Savings N.O.W account and debit card.
Reviews (2)
John Donovan
John Donovan
Mar 16, 2021
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I recently sold real estate where the funding was drawn from a mortgage at this institution and the home buyer happens to be an employee of first federal savings working in the loan department at the main office .
After satisfying the terms of the closing documents and honoring the written contract as stated , first federal savings and various employees in the loan department have allowed the home buyer to take this land purchase from a professional level and diminish it to become part of a personal vendetta on behalf of the home buyer/employee in their dispute with me the home seller .
At the
Kahla Peck-Snyder
Kahla Peck-Snyder
Jun 19, 2018
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I had never used a bank before and was nervous and the bank was so nice. Not stressful at all and very helpful.