Welcome to your hometown bank!
Message from the President
THANK YOU FOR 125 YEARS!
This year we are proud to celebrate our 125th anniversary, and our longevity is due
primarily to you, our customer! For that loyalty, we sincerely thank you!
Since we opened our doors in 1888 as Bucyrus Loan and Building Company, we have
undergone a few name changes, when, in 1937, our name was changed to First Federal
Savings and Loan. Finally, in 2001, we became First Federal Community Bank of
Bucyrus, which better reflects the full array of services we offer today.
Through this time, there have been many domestic and world events that have made
success and growth in any industry challenging, not the least of which is our
banking environment. There have been two World Wars, Vietnam, the Korean Conflict,
Desert Storm, and the War on Terror, among other isolated conflicts that have
affected us from a global perspective.
There was the Great Depression in the '20's and '30's, caused by the stock market
crash in 1929, leading to the creation of the New Deal. This helped to constitute
the Social Security Act (1935), as well as the Securities Exchange Act of 1933.
More recently, there was the crash of the stock market in 2008, caused by many
things, not the least of which was the fraud existent in the housing market.
There have also been times of great growth and prosperity, including the Baby Boom
following World War II, the end of Communism in the Soviet Union, a movement towards
a Global Economy, and the recovery of our domestic economy.
As you can see, we as Americans have experienced many setbacks, only to learn from
them, adapt, grow and thrive as a society.
We at First Federal have felt the same ebbs and flow of the global and domestic
environments, and have continued to thrive, in spite of these events, largely because
of the faith and trust you place in us every day. Banking has changed dramatically
over the last 125 years, but one thing has not changed, nor will it ever…our dedication
and commitment to the communities we serve, and our commitment to remaining in these
communities as a locally owned, locally operated financial institution. We will
continue to earn your trust and faith…every day for the next 125 years.
Thank you, and if you ever have any questions or concerns, please stop in and see us!
We are here for you!
Sincerely,
Phil Gerber
President