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Community Reinvestment Act (CRA)

Under the Federal Community Reinvestment Act (CRA), the Comptroller of the Currency evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The Comptroller also takes this record into account when deciding on certain applications submitted by us.

Your involvement is encouraged.

You are entitled to certain information about our operations and our performance under the CRA, including, for example, information about our branches, such as their location and services provided at them; the public section of our most recent CRA Performance Evaluation, prepared by the Comptroller; and comments received from the public relating to our performance in helping to meet community credit needs, as well as our responses to those comments. You may review this information today.

At least 30 days before the beginning of each quarter, the Comptroller publishes a nationwide list of the banks that are scheduled for CRA examination in that quarter. This list is available from the Deputy Comptroller, Northeastern District, Office of the Comptroller of the Currency located at 340 Madison Ave., Fifth Floor, New York, NY 10173-0002.               

Email address  [email protected]

You may send written comments about our performance in helping to meet community credit needs to Trent Troyer, First Federal Community Bank at 321 North Wooster Avenue, Dover, OH 44622 and Deputy Comptroller, Northeastern District, Office of the Comptroller of the Currency located at 340 Madison Ave., Fifth Floor, New York, NY 10173-0002.  Your letter, together with any response by us, will be considered by the Comptroller in evaluating our CRA performance and may be made public.

You may ask to look at any comments received by the Deputy Comptroller. You may also request from the Deputy Comptroller an announcement of our applications covered by the CRA filed with the Comptroller. We are an affiliate of FFD Financial, a bank holding company. You may request from the Community Reinvestment Officer, Federal Reserve Bank of Cleveland, P.O. Box 6387, Cleveland, Ohio 44101 an announcement of applications covered by the CRA filed by bank holding companies.

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Public Disclosure

View the Public Disclosure.

LTDR History

Date Total Loans RC-C 12 Deposits RC 13a Ratio
3/31/2020 374,734 392,295 95.52%
6/30/2020 417,366 458,754 90.98%
9/30/2020 421,265 474,593 88.76%
12/31/2020 412,656 486,116 84.89%
Average 320,549 345,768 92.71%

CRA Statement

COMMUNITY REINVESTMENT ACT STATEMENT FIRST FEDERAL COMMUNITY BANK, NATIONAL ASSOCIATION

I. Introduction

First Federal Community Bank, National Association, formerly known as First Federal Savings Bank of Dover, (Dover) Ohio formerly known as First Federal Savings & Loan Association of Dover, Ohio formerly known as Dover Building and Loan Company. The Dover Building and Loan Company was founded in 1898 and was reorganized in 1937 to a federally chartered savings and loan, and converted the charter on February 24, 2012, to a national bank, under which charter we are operating today. Our basic purpose through the years has been to satisfy the various savings and credit needs in our community. 

II. Delineating Our Community

With our expansion of a branch in Mt. Hope, our lending area has expanded to include all of Tuscarawas County and portions of Holmes County. From time to time, we may consider loans outside of our delineated area when request by our present customers or others at the discretion of management.

III. Types of Credit Available

First Federal Community Bank, National Association will only consider such loans as permitted in accordance with the rules and regulations of the Office of the Comptroller of the Currency (OCC). From time to time, based on the economic conditions, we may not be in a position to be offering loans on all types of property. As an example, in periods of tight money, we will not be offering loans on commercial-business properties, or apartments, because we feel that our primary concern is to assist those customers in purchasing their single-family residence. However, generally speaking, First Federal Community Bank, National Association will consider loans secured by the following types of property.

a. Real Estate Loans

  • Single-Family residential (home)
  • Two-to-Four family dwelling units
  • Multi-family (5 or more) Dwelling Units
  • Construction Loans
  • Lot Loans
  • Other Commercial purpose real estate

 b. Loans Secured by Savings Accounts

For our savings customers we will make loans secured by their savings accounts, under the applicable federal regulations and existing company policy in existence at the time of the extension of credit.

c. Consumer Loans

  • Home Equity Credit Lines secured by real estate
  • Automobile, recreational vehicles, pleasure craft or loans with readily marketable collateral
  • Unsecured Signature Consumer Loans
  • Unsecured Overdraft Protection lines of credit
  • Lines of Credit, secured by real estate, or other collateral, and unsecured

d. Secured and Unsecured Commercial Loans

IV. Community Reinvestment Act Notice

The Federal Community Reinvestment Act (CRA) requires the OCC to evaluate our performance on helping to meet the credit needs of this community and take this evaluation into account when deciding on certain applications submitted by us. Your involvement is encouraged.

You may obtain our current CRA Statement within this web page.

You may send signed, written comments about our CRA Statement(s) or our performance in helping meet community credit needs to:

Trent B Troyer, President
First Federal Community Bank, National Association
PO Box 38
321 N. Wooster Ave
Dover, Ohio 44622

Or

Deputy Comptroller

Northeastern District

Office of the Comptroller of the Currency

340 Madison Ave., Fifth Floor

New York, NY 10173-0002

email: [email protected]

V. Community Reinvestment Act Notice (continued)

Your letter, together with any response by us, may be made public. 

You may look at a file of all signed, written comments received by us within the past two years, any responses we have made to the comments, and all CRA Statements in effect during the past two years at our office located at:

902 Boulevard
Dover, Ohio 44622

You may ask to look at any comments received by the OCC.

You may also request from the OCC, an announcement of applications covered by the CRA filed with the OCC.

You may obtain the public section of our most receipt CRA Performance Evaluation, which was prepared by the OCC at:

902 Boulevard
Dover, Ohio 44622 

Affordable Housing Loans

Program Name Affordable Housing Loans
Area Covered Holmes and Tuscarawas County
Target Groups Owner occupied single-family homes (PURCHASES ONLY)
Income Groups Equal or less than the area median income for census tract
Max. Loan Amount $100,000.00
Down Payment 5% minimum, no PMI required
Term Maximum 30 years
Variable rate 3/3 ARM
Adjustable 1/5 caps
Debt Ratios 43%

Please Contact:

Alex Geers at (330) 602-9999

Assessment Area & Demographic

View the Assessment Area & Demographic.

Main Office:
321 N Wooster Ave
Dover Ohio, 44622
Phone: 330-364-7777
Fax: 330-364-7779
Census Tract: 207.00
 
Branch Offices:
141 West Ohio Avenue
Dover, Ohio 44622
Phone: 330-364-7777
Fax: 330-364-3908
Census Tract: 207.00
 
244 West High Ave
New Philadelphia, Ohio 44663
Phone: 330-308-5555
Fax: 330-308-0316
Census Tract: 208.00
 
902 Boulevard
Dover, Ohio 44622
Phone: 330-602-9999
Fax: 330-602-9990
Census Tract: 211.00
 
302 East Third Street
Uhrichsville, Ohio 44683
Phone: 740-922-4444
Fax: 740-922-2444
Census Tract: 220.01
 
1047 West Main Street
Sugarcreek, Ohio 44681
Phone: 330-852-8888
Fax: 330-852-8880
Census Tract: 213.00
 
4737 US Highway 62
Berlin, Ohio 44610
Phone: 330-893-2221
Fax: 330-893-2223
Census Tract: 9763.01
 
7789 Co Hwy 77
Mt Hope, Ohio 44660
Phone: 330-674-4673
Fax: 330-674-2273
Census Tract: 9763.01

 

Year Opened Closed
2021 

141 W. Ohio Ave., Dover, Ohio 44622

None
2020 None None
2019 None None
2018 202 E. Third St., Uhrichsville, OH 44683 None

Banking Services 

Public Comments

The section for public comments about CRA is empty as there have not been any comments made.

Michele L. Larkin
Senior Vice President
Mortgage Lending
CRA Officer

Responses to Public Comments

The section for responses to public comments about CRA is empty as there have not been any comments made. 

Michele L. Larkin
Senior Vice President
Mortgage Lending
CRA Officer

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