First Federal Bank of Louisiana

Name

First Federal Bank of Louisiana

Legal name

First Federal Bank of Louisiana

Website

https://ffbla.bank

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro industry

PRIMARYFSABAAAA

Mass-Market Consumer Deposit Banking (Checking/Savings)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Retail Banking

Keywords

• Community banking services
• Consumer deposit accounts
• Residential mortgage lending
• Small business banking
• Treasury management services

Headquarters

HQ city

Lake Charles

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Net Interest Income: Primary revenue from interest rate spread between interest earned on loans (home loans, consumer loans, business loans) and interest paid on deposits (checking, savings, CDs, IRAs)
2. Deposit Account Fees: Monthly service charges, NSF fees ($28 per item), overdraft privilege fees, wire transfer fees, and account analysis fees on business accounts
3. Credit Card Interchange: Transaction fees from Visa credit and debit card processing, including consumer and business credit cards
4. Merchant Card Processing: Fees from business customers using Clover POS systems for card payment processing
5. Mortgage Origination: Fees from home loan origination including conventional, FHA, VA, and USDA loans

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

First Federal Bank of Louisiana is a community bank providing consumer and business deposit accounts, residential and commercial loans, mortgage origination, treasury management, merchant card processing, and private banking services to customers in Southwest and Central Louisiana through 16 branches, 23 ATMs, online banking, the FFB MobiBank mobile app, and telephone banking. Its revenue is primarily derived from net interest income on loans and deposits, supplemented by account fees, interchange, and merchant processing fees.

Product overview

First Federal Bank of Louisiana operates as a community bank offering a multi-product platform organized around personal and business deposit and lending services. The core digital banking infrastructure consists of the FFB MobiBank mobile app and Online Banking platform, which serve as the primary access layer for all products. Deposit products are organized under three main checking brands: Kasasa Checking (Kasasa Cash® and Kasasa Cash Back® reward accounts with linked Kasasa Saver®), Smart Rewards Checking (Smart Rewards Plus with IDProtect® and cell phone protection, Smart Rewards, and Advantage Money Management), and Smart Access Checking (Bank On Certified, for credit rebuilding). Savings offerings span Standard Savings, My First Savings, Access 90, Christmas Club, Home Buyer, and Health Savings Accounts. The lending portfolio includes Home Loans (Conventional, FHA, VA, USDA, First-Time Home Buyer, and Affordable Housing Programs with Home Equity Loans/HELOCs), Consumer Loans and Credit Cards (Visa Platinum/Gold/Classic/Secured with UChoose Rewards®), and Business Loans, Lines of Credit, and Credit Cards. Business services are extended through Business Checking accounts, Treasury Management (Remote Deposit Capture, ACH Origination, Positive Pay), and Card Processing powered by Clover POS. Value-added services include Private Banking (with Platinum Asset Management Account), Zelle® peer-to-peer payments, Digital Wallets (Apple Pay®, Google Pay™, Samsung Pay), Overdraft Privilege & Protection, and an Education Center. All products share the bank's digital banking infrastructure and are supported by Treasury Management services.

Differentiator

Problem solved

Functional benefit

Brands

• Kasasa: A family of free checking accounts (Kasasa Cash and Kasasa Cash Back) with rewards, no monthly maintenance fees, and ATM fee refunds.
• Smart Rewards Checking
• FFB MobiBank
• Platinum Asset Management Account (PAMA)

Products and services

• FFB MobiBank Mobile Banking App Mobile banking application for iPhone and Android devices providing account access, fund transfers, mobile check deposits, bill pay, budgeting tools, credit score checks, and Zelle peer-to-peer payments for consumer and business customers.
• Online Banking Browser-based digital banking platform providing 24/7 account access, real-time balances, transfers, bill pay, eStatements, external transfers, and credit score monitoring for personal and business customers.
• Kasasa Checking Family of free reward checking accounts (Kasasa Cash high-interest and Kasasa Cash Back cash-back variants) with no monthly maintenance fees, nationwide ATM fee refunds up to $25 monthly, and a linked Kasasa Saver account for automated savings, targeted at consumer customers.
• Smart Rewards Checking Family of checking accounts (Smart Rewards Plus, Smart Rewards, and Advantage Money Management) offering uChoose Rewards, Bill Pay, overdraft privilege, and identity protection benefits on the Plus tier, targeted at consumer customers.
• Smart Access Checking Bank On Certified checking account designed for individuals rebuilding credit, featuring a $5 monthly fee, $25 minimum opening deposit, no NSF fees, and no official checks, targeted at unbanked and underbanked consumers.
• Savings Products Suite of savings accounts including Standard Savings, My First Savings (youth), Access 90 high-yield tiered savings, Christmas Club, Home Buyer savings, and Health Savings Account (HSA) with tax-advantaged features, targeted at consumer customers.
• Home Loans Residential mortgage products including Conventional, FHA, VA, USDA Rural Housing, First-Time Home Buyer, and Affordable Housing Programs, with purchase, refinance, construction, and home equity options, targeted at consumer borrowers.
• Consumer Loans and Credit Cards Personal loans for vehicles, boats, RVs, home improvements, and debt consolidation, plus Visa credit cards (Platinum, Gold, Classic, Secured) with uChoose Rewards and tiered APRs, targeted at consumer borrowers.
• Business Loans and Business Credit Cards Commercial financing including Real Estate Loans, Term Loans, Lines of Credit, Bridge Loans, SBA 7(a) and 504 programs, and Business Visa credit cards with fraud detection, targeted at small and mid-size businesses.
• Business Checking Business checking accounts including Business Checking, Advantage Business Checking, Business Interest Checking, Advantage Business Interest Checking, Advantage Business Money Management, Zero Balance Checking, and Community Organization Checking, targeted at local businesses, sole proprietors, DBAs, partnerships, and nonprofits.
• Treasury Management Business cash management services including Remote Deposit Capture, ACH Origination, Positive Pay fraud prevention, and Business Online Banking with stop payment and embedded ACH/wire functionality, targeted at small and mid-size business customers.
• Card Processing (Clover POS) Merchant point-of-sale processing offered through the Clover partnership, providing card payments, fraud protection, data insights, inventory tracking, loyalty programs, and payroll capabilities for restaurants, retailers, and service businesses.
• Private Banking Concierge-level banking service for high-net-worth clients featuring the Platinum Asset Management Account (PAMA), personalized lending, wealth management strategies, and exclusive service from a dedicated private banking team.
• CDs and IRAs Certificate of Deposit products with terms from 1 month to 7+ years, plus IRA accounts including Traditional IRA, Roth IRA, Flex IRA, and Coverdell Education Savings Account (CESA), targeted at consumer savers and retirement savers.
• Zelle Peer-to-Peer Payments Peer-to-peer payment service integrated into online and mobile banking, allowing customers to send and receive money directly using email addresses or U.S. mobile numbers with funds typically available within minutes.
• Digital Wallets Touchless payment integration supporting Apple Pay, Google Pay, and Samsung Pay on smartphones and smartwatches for in-store and online purchases, using tokenized digital account numbers instead of physical card details.
• Overdraft Privilege and Overdraft Protection Overdraft coverage options including Overdraft Privilege (discretionary service with a $28 NSF fee per item) and Overdraft Protection (linked to another deposit account for $10 per transfer), with Standard and Extended coverage tiers.

Quantifiable outcome

• 6.00% APY on Kasasa Cash accounts for qualified customers (up to $15,000 balance)
• +2 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Zelle (Early Warning Services, LLC)coreTechnology or IntegrationPartnership with Zelle to provide fast, easy person-to-person payment transfers directly from customer accounts. Zelle allows enrolled customers to send and receive money using email or mobile number within minutes.
• Clover (Clover Network, LLC)coreTechnology or IntegrationPartnership with Clover for merchant point-of-sale processing. Clover provides POS systems for restaurants, retailers, and service businesses including Card Payments, Fraud Protection, Data & Insights, Appointment Management, Loyalty Program, Inventory Tracking, and Payroll & Scheduling.
• Apple PaycoreTechnology or IntegrationDigital wallet integration allowing customers to make contactless payments using iPhone and Apple Watch. Both consumer credit and debit cards eligible.
• Google PaycoreTechnology or IntegrationDigital wallet integration allowing customers to make contactless payments using Android devices. Only consumer debit cards eligible.
• Samsung PaycoreTechnology or IntegrationDigital wallet integration for Samsung devices. Only consumer debit cards eligible.
• Kasasa (Kasasa, Ltd.)coreGTM or Marketing PartnerPartnership for Kasasa Cash and Kasasa Cash Back checking accounts offering high APY interest rates and cash back rewards. Includes free Kasasa Saver for automatic savings building.
• UChoose RewardsminorGTM or Marketing PartnerRewards program partnership offering points on credit and debit card purchases redeemable for gift cards, cash back, travel credits, and payments at PayPal, Amazon, and BP/Amoco gas stations.
• FiservcoreTechnology or IntegrationTechnology provider for online banking platform, credit card processing (spendtrack.fiservapp.com), and mobile banking infrastructure.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Hancock Whitney Corporation: A large regional bank holding company headquartered in Gulfport, Mississippi, with deep Louisiana and Gulf Coast presence. Overlaps directly with First Federal Bank of Louisiana in consumer and small business banking across Southwest and Central Louisiana, but at significantly larger scale and broader geographic footprint.
• Cadence Bank: Mid-sized regional bank with significant Louisiana presence following the BancorpSouth merger. Offers overlapping consumer, business, and mortgage products at greater scale across the Southeast.

Direct peers

• b1BANK (Business First Bancshares): Louisiana-headquartered community bank offering consumer and business banking with comparable deposit products, commercial lending, and SBA programs. Closely comparable to First Federal Bank of Louisiana in geographic focus, product mix, and SMB orientation.
• Investar Holding Corporation: Louisiana-based community bank holding company providing consumer and business banking across South Louisiana. Directly comparable in regional focus, multi-product banking platform, and SMB services.
• Red River Bancshares: Louisiana community bank headquartered in Alexandria, operating across Central Louisiana — directly overlapping First Federal Bank of Louisiana's core geography. Comparable in scale, product mix, and community banking positioning.
• Home Federal Bancorp: Louisiana-based federally chartered community bank with a similar name and heritage to First Federal Bank of Louisiana. Operates in adjacent Louisiana markets with comparable consumer and business banking services.
• Progressive Bank: Louisiana community bank offering consumer, mortgage, and small business banking across multiple Louisiana markets. Comparable in product breadth, community focus, and SMB orientation.
• JD Bank (Jefferson Davis Bancshares): Southwest Louisiana community bank headquartered in Jennings, with overlapping geography to First Federal Bank of Louisiana. Comparable in consumer/business banking, mortgage lending, and SMB services.

Regional players

• Sabine State Bank: Louisiana-based community bank with strong presence in Western Louisiana, partially overlapping First Federal Bank of Louisiana's geographic territory. Comparable as a regional community banking peer but with different specific market footprint.
• Community Bank of Louisiana: Small Louisiana community bank operating in markets adjacent to First Federal Bank of Louisiana's footprint. Comparable as a community-focused banking peer, though with somewhat limited geographic overlap.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/ffbla
• Facebookfacebook.com/ffbla
• LinkedInlinkedin.com/company/1379054
• Instagraminstagram.com/firstfederalbankofla

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about First Federal Bank of Louisiana