Mattoon Illinois IL Banking


At First Federal Savings and Loan, we've used the phrase "Local People Serving Local People" to express our desire to provide our customers with the friendly personalized service that is often lacking at the "Big Bank" institutions.

At First Federal, we understand that you are a person – not just a number or an account. We invite you to come in and talk with us one on one and we'll do our best to make sure that you get the quality service and personalized treatment you deserve.


E-Statements are a service provided to all First Federal customers at no charge. This service allows you to receive your Bank Statement via e-mail rather than a paper copy sent through the postal service.

Any account that receives a regular monthly statement may receive E-Statements.

Learn more about e-statements »

Mortgage Loans

A variety of home mortgage products are available including:

  • Fixed Rate Mortgages with terms up to 30 years
  • Balloon Mortgage Loans
  • 5-year balloon with 15-year amortization
  • 7-year balloon with 20-year amortization
  • Investment Property Loans
  • Lot Loans

Learn more about Mortgage Loans »