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First Federal Savings Bank Jobs in Rochester, IN

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First Federal Savings Bank information

See Rochester, IN salary details

$25.6K

$105.2K

$158.1K

How much do first federal savings bank jobs pay per year?

As of Aug 15, 2026, the average yearly pay for first federal savings bank in Rochester, IN is $105,226.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,100.00 and $131,600.00 per year, depending on experience, location, and employer.

What is First Federal Savings Bank?

First Federal Savings Bank is a financial institution that offers a variety of personal and business banking services. These typically include checking and savings accounts, mortgage loans, personal loans, and online banking options. Many branches also provide investment and retirement planning services. The bank is known for serving local communities with a focus on customer service and secure, convenient banking solutions.

What is the difference between First Federal Savings Bank vs Mortgage Loan Officer?

AspectFirst Federal Savings BankMortgage Loan Officer
Primary RoleProvides banking services, savings accounts, and personal banking productsAssists clients in obtaining mortgage loans and home financing
Required CredentialsBanking licenses, sometimes a mortgage licenseMortgage license, financial certifications often preferred
Work EnvironmentBank branches, customer service settingsOffice-based, client meetings, and remote work
Industry UsageFinancial services, banking industryReal estate, mortgage lending industry

While First Federal Savings Bank offers a broad range of banking services, a Mortgage Loan Officer specializes in helping clients secure home loans. Both roles require financial knowledge and customer service skills, but their focus and daily tasks differ significantly.

What are the typical career advancement opportunities for employees at First Federal Savings Bank?

At First Federal Savings Bank, employees often have opportunities to advance their careers through internal promotions, cross-training, and participation in professional development programs. Entry-level positions such as tellers or customer service representatives can lead to roles in management, lending, or specialized departments like compliance or operations. The bank also encourages continuing education and provides mentorship to help team members grow within the organization. Advancement is commonly based on a combination of performance, experience, and demonstrated leadership potential.

What are the key skills and qualifications needed to thrive as a banking professional at First Federal Savings Bank?

To thrive as a banking professional at First Federal Savings Bank, you generally need a background in finance, customer service, and knowledge of banking regulations, often supported by a relevant degree or prior banking experience. Familiarity with core banking software, digital banking platforms, and compliance systems is typically required. Strong interpersonal skills, attention to detail, and problem-solving abilities help professionals build trust with clients and handle complex transactions. These skills ensure accurate operations, regulatory compliance, and excellent customer service, which are critical for the bank’s reputation and success.

What are popular job titles related to First Federal Savings Bank jobs in Rochester, IN?

For First Federal Savings Bank jobs in Rochester, IN, the most frequently searched job titles are:

First Federal Savings Bank jobs near you
Infographic showing various First Federal Savings Bank job openings in Rochester, IN as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 23% Part Time, 4% Contract, and 1% Nights. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $105,226 per year, or $50.6 per hour.

Loan Servicer

First Farmers Bank and Trust Company

Kokomo, IN • On-site

$20 - $22/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 6 days ago

Job description

Job Type
Full-time
Description
Loan Servicer
Kokomo, IN
$20-$22/hr - additional compensation may be considered depending on experience
About First Farmers Bank & Trust
First Farmers Bank & Trust has been proudly serving families, farms, and businesses since 1885, building relationships rooted in trust and community. With over 140 years of experience, we've grown to become one of the largest community banks in Indiana and Illinois, offering a full range of financial services-from personal and business banking to agricultural lending and mortgage solutions.
Our mission is simple: deliver personalized financial services while fostering strong relationships that help our communities thrive. We believe in combining today's digital banking convenience with the traditional values of integrity, perseverance, and customer care.
With 37 branches in Indiana and Illinois, we remain deeply committed to the communities we serve. Through initiatives like financial education programs, scholarships, volunteerism, and local partnerships, we invest in what matters most-people.
At First Farmers, we also invest in our employees. We offer competitive benefits, opportunities for professional growth, and a culture that values collaboration and community engagement. When you join our team, you're not just starting a job-you're joining a company built on heart and grit.
Position Summary:
Process work-flow in the loan department including; processing, updating, filing and all maintenance of any incoming documentation pertaining to all bank loans. Provide customer assistance; to both customers and FFBT staff.
Duties
  • Process loan maintenance, including rate changes, payment adjustments, payoffs, deferrals, and modifications
  • Accurately board all loan types on core system
  • Maintain accurate loan records and ensure all updates are properly reflected in the core system
  • Monitor and manage escrow accounts, including tax and insurance tracking and escrow analysis
  • Process loan payoffs and ensure accurate final balances and disbursements
  • Review and resolve discrepancies, exceptions, and customer account issues
  • Ensure proper documentation is maintained for all loan transactions
  • Support internal audits and regulatory reviews by providing requested information
  • Review daily, weekly, and monthly reports to identify and resolve exceptions
  • Process and track insurance (including CPI, Credit Life, and Disability where applicable)
  • Balancing of internal accounts
  • Assist with participation loans and related transactions, including funding and payments
  • Communicate with internal departments and customers regarding loan servicing requests
  • Ensure compliance with bank policies, procedures, and applicable regulations
  • All other job duties as assigned

Requirements
Minimum Qualifications
  • High school diploma
  • Minimum of two years of banking or customer service experience
  • Proficiency in Microsoft Office Suite

Preferred Qualifications
  • Prior experience in banking, mortgage, bookkeeping, or insurance industries
  • Associate's or Bachelor's degree in Business or a related field

Skills
  • Strong attention to detail with a high level of accuracy
  • Effective time management skills with the ability to meet deadlines

Work Environment
  • Primarily office or branch-based environment with standard business hours. Occasional travel to other branch locations or community events may be required
  • Daily extended use of banking software, secure digital platforms, and standard office equipment
  • Repetitive hand and arm movements
  • Ability to sit or stand for extended periods of time
  • Ability to lift up to 55 pounds as needed
  • Moderate business traveling

Benefits Overview:
At First Farmers Bank & Trust, we offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance:
Health & Wellness
  • Medical Insurance (eligible on date of hire) with options for High Deductible Health Plan (HDHP) and Co-Pay Plan
  • Vision Coverage
  • Dental Coverage
  • Prescription Plan
  • Wellness Incentive - earn up to $25 per pay period toward premium reduction

Financial Security
  • Life & Accidental Death & Dismemberment Insurance - 100% employer-paid
  • Short & Long-Term Disability Insurance - 100% employer-paid
  • 401(k) Plan
  • Profit Sharing Stock Option
  • Health Savings Account (HSA) contributions for HDHP participants

Paid Time Off
  • Vacation time
  • Sick Time
  • Personal Day
  • 11 Paid Holidays
  • Paid Bereavement

Additional Benefits
  • Paid time to volunteer (when representing FFBT and supervisor approved)
  • Voluntary Donated PTO Program
  • Employee Assistance Program
  • Travel Assistance Program
  • Educational Assistance Program
  • Corporate Discounts
  • Employee Referral Program
  • Stock Purchase Loan Option
  • Retirement Plan Counseling
  • Wellness Program
  • Gym Reimbursement
  • Employee Quarterly Recognition Program
  • AFLAC supplemental benefits
  • Cincinnati Life supplemental coverage
  • Family Medical Leave
  • Paid Bereavement Leave
  • Maternity Leave Policy

Salary Description
$20-$22/hr

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