Loading
Tap on the profile icon to edit
your financial details.

First Financial Bank Review

Your Details Done
by Updated
We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. | Advertiser Disclosure We maintain strict editorial integrity in our writing and assessments. This post contains links from our advertisers, and we may receive compensation when you click these links. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone. | Advertiser Disclosure
First Financial Bank Savings
0.05% APY
1. Overview 2. How We Rated It 3. Products Offered 4. Branch Locations

Overview

First Financial Bank first started operating in 1863 and has its headquarters in Cincinnati, Ohio. First Financial Bank manages $9 billion in assets and $7 billion in deposits, making it a large bank. First Financial Bank lacks premium access to support representatives, with no live chat or all-day service options available. It is a traditional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile apps. Overall, First Financial Bank is a respectable bank that gets the job done, with a rating of 4.0 out of 5 stars from our experts. First Financial Bank provides customers with a variety of banking products, which include savings accounts, checking accounts, money market accounts, CDs, mortgage products and credit cards. It has a fair savings rate compared to the average savings account. If you're interested in stress-free personal checking, the bank's most basic checking does not carry a monthly charge. Locating an institution with free checking, in addition to a high savings APY is the best bet for returning the most income on your deposits while having convenient access to your money.

How We Rated It

SmartAsset's Overall Rating

4.0/5
National Average: 4.1

The overall rating is a weighted average of rates, fees, service quality and financial health.Read more

Rates

2.8
SmartAsset Average: 3.5

With a savings rate of 0.05%, First Financial Bank ranks poorly in comparison to the national average. First Financial Bank's one-year CD has a rate of 0.10% and the five-year CD has a rate of 0.50%, while its highest-yielding money market account earns at a rate of 0.10%. Given First Financial Bank's noncompetitive savings rate, you should think about looking elsewhere to open savings accounts.

How First Financial Bank's Savings Rates Compare

First Financial Bank Savings 0.05 National Average 0.26 Compare Offers
Back to Overview

Fees

5.0
SmartAsset Average: 4.4

On average, First Financial Bank charges customers extremely low fees compared to the average U.S. bank. Its checking account has no monthly fee, ranking it excellent for anyone looking for a simple account. First Financial Bank doesn't reimburse out-of-network ATM fees, which means you'll need to find a First Financial Bank ATM or accept the fee.

Monthly Fee $0 National Average: $3.21
Non-network ATM Fee N/A National Average: $1.20
Overdraft Fee N/A National Average: $35.00
Back to Overview

Service Quality

3.3
SmartAsset Average: 3.7

First Financial Bank is a brick-and-mortar bank, with 188 total bank locations in Illinois, Indiana, Kentucky and Ohio. With mobile and web apps, First Financial Bank makes account access convenient, even on the go. It does not provide access to all-day customer service with actual service representatives. You can get help during its customer service hours, which are Monday through Friday, 8:00 a.m. to 8:00 p.m. ET; Saturday, and 8:00 a.m. to 5:00 p.m. ET. First Financial Bank's online and mobile banking platforms get poor feedback from users. The First Financial Bank mobile app has an overall rating of 2.7 out of 5 (with 720 customer reviews on iOS and Android) compared to the national average of 3.8. First Financial Bank's mobile app allows you to control your funds by checking current statements, transferring money and reaching support representatives. First Financial Bank receives a superb consumer satisfaction score based on comparatively few complaints filed with the Consumer Financial Protection Bureau (CFPB), a government-backed consumer protection agency.

Overall Mobile Rating 2.7/5
Consumer Satisfaction Rating 5.0/5
Online Banking Portal No
Live Chat No
Back to Overview

Financial Health

4.9
SmartAsset Average: 4.8

First Financial Bank is currently a large bank with $9 billion in assets and deposits totaling $7 billion. First Financial Bank's Texas Ratio is 2.62%, signifying a low chance of failure. Additionally, First Financial Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.

Texas Ratio Analysis

The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.

Back to Overview

Compare First Financial Bank to Other Competitive Offers

Products Offered

Product Current Terms and Rates Minimum Balance for APY
Savings Account 0.05% APY $1001
Checking Account 0.01% APY $2500
Certificates of Deposit
  • 12 Month: 0.10% APY
  • 24 Month: 0.15% APY
  • 36 Month: 0.20% APY
  • 48 Month: 0.30% APY
  • 60 Month: 0.50% APY
$500 for all terms
Money Market Accounts 0.05% APY 0.1% APY $10000 $15000

First Financial Bank has several deposit products like savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. First Financial Bank does not have the best savings rate, which means you should consider taking a look elsewhere for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. First Financial Bank's CD rates are fair compared to the national average.

Back to Overview

Find a First Financial Bank Near Me

First Financial Bank has 188 physical branches in the U.S.

Back to Overview
Save more with these rates that beat the National Average
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure