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With recently announced news of the sale of First Federal Community Bank’s downtown Dover office to the City of Dover for municipal space, Trent Troyer, President and CEO of First Federal Community Bank and FFD Financial Corporation, looks to a bright future with long-term growth for its customers and the bank in the region.

“When we were first approached by the City of Dover administration about a possible purchase of our property for city offices, our board of directors and management used this opportunity for analysis of customer trends and to reflect on our long-term plans for continued growth and providing superior service to our customers,” says Troyer. “As a strong supporter of our local communities, we look to this transition as one way to continue our partnership with the city and continued investment in our hometown. After all, when First Federal was founded in 1898, we were then known as the Dover Building and Loan Company of Canal Dover.”

Customers will be able to continue using the downtown Dover office until the closure process is complete, which is anticipated to be in late October or early November. Plans are underway to assist with increased customer traffic at our other two Dover locations.  We are relocating the existing downtown Dover employees to First Federal’s two nearby locations in Dover at 902 Boulevard and 141 West Ohio Avenue. Additionally, we are completely renovating and modernizing the Boulevard branch!  And for added convenience, the existing ATM will continue to remain at the downtown location for use by customers serviced by the bank, even after the city acquires the property. All seven other First Federal locations as well as our digital banking channels will continue to be available.

“This accommodation to the City of Dover is bittersweet for us. We could not be more excited that this iconic building in downtown will be the symbol of our city center We are proud to say that First Federal is strong, stable, and secure, as we were recently announced as the top community bank in Ohio and 19^th nationwide by American Banker. Our customer base is growing, we continue to make investments that create a positive experience for those we serve – including a new office under construction which will open later this summer in Mount Hope. Our customers can rest assured that the familiar faces you know and the great service you’ve received from staff will continue.”

First Federal Community Bank, a subsidiary of FFD Financial Corporation, presently has eight offices in Dover, New Philadelphia, Uhrichsville, Sugarcreek, Mt. Hope and Berlin. The bank is a Great Place To Work certified company, a “Best Bank to Work For” from American Banker, and consistently achieves the highest rating of strength and safety by Bauer Financial. Information is also available on the company’s web site at firstfed.com. The company is based in Dover, Ohio and is traded on the OTC Market under the symbol FFDF.