The First Federal Savings & Loan Association was founded in 1953 to fill a gaping hole in the financial community in Clarksville. Following World War II, the housing industry entered an unprecedented boom period as soldiers returned to the newly-established Fort Campbell with their families.
In 1952, a group of local businessmen recognized the growing problem and decided it was time to help with long-term mortgage loans. They set to work organizing a thrift institution, and then on December 18, 1953, First Federal Savings and Loan Association was created.
From those modest beginnings, First Federal Savings Bank, as it is now known, has grown over the years to be a leader in making the ownership of a home possible for thousands of Clarksvillians. It now has four full service locations with assets over $176 million. First Federal maintains a strong emphasis on its founding issue – making home ownership possible for Clarksville residents. |
