Business View Magazine | August 2020

105 BUSINESS VIEW MAGAZINE AUGUST 2020 Since its founding almost a century ago, First Federal Savings & Loan Association has evolved and strengthened its position as a financial leader. A legacy of innovative growth that continues today. 1922 Founded as the American Savings and Loan Corporation in McMinnville 1935 Applied for federalization with the Federal Savings and Loan Insurance Corporation 1936 Charter was granted and the name was changed to First Federal Savings and Loan Association of McMinnville 1972 Newberg branch established 1974 New home office building built in McMinnville 1978 Sheridan branch established 1980 Amity and Carlton branches established 2001 Baker Creek branch established in McMinnville 2006 Friendsview branch established in Newberg’s Friendsview Retirement Community 2008 Hillside branch established in McMinnville’s Hillside Retirement Community 2015 First Federal expands eBanking and Loan products. Mobile Banking App, Mobile Check Deposit, Business Online Banking, Business ACH, Business Wires, Business Remote Deposit Capture and Commercial Lending. 2016 First Federal is rated 5-Star for financial strength by BauerFinancial, Inc., the nation’s leading bank rating firm. BauerFinancial rates all banks and credit unions on a zero-to-five star scale with 5-stars being the strongest. First Federal can be found on Bauer’s Recommended Bank Report. F I RST FEDERAL SAV INGS & LOAN ASSOC I AT ION President & CEO, Jim Schlotfeldt