First Financial Bank Review

Overview

Established in 1863, First Financial Bank has $9 billion in assets along with deposits totaling $7 billion, making it a large bank. First Financial Bank, whose headquarters are in Cincinnati, Ohio, has above-average customer service access with a live chat feature, great for getting help during the work week. It is a conventional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile offerings. We ranked First Financial Bank at a 4 stars out of 5, which means it is a respectable bank that deserves your consideration. First Financial Bank provides customers with a full choice of banking products, which include savings accounts, checking accounts, money market accounts, CDs, mortgage products and credit cards. First Financial Bank has a fair savings rate; you can find higher rates with other banks. The bank's standard checking product has a $20.00 monthly fee, which is acceptable as compared against the national average. Locating an institution with no-fee checking, in addition to a high savings APY is the best bet for getting the most income from your deposits while maintaining easy access to your money.

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

With a savings rate of 0.05%, First Financial Bank ranks poorly as compared against 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 has a rate of 0.10%. Given First Financial Bank's below average savings rate, you should think about other options to earn more on your deposits.

How First Financial Bank's Savings Rates Compare

First Financial Bank charges customers extremely low fees compared to the national average. First Financial Bank's checking account has a monthly fee of $20.00, which makes it excellent for anyone looking for a simple account. For those who often frequent the ATM, it is perfect because it has no out-of-network ATM fees. First Financial Bank doesn't reimburse out-of-network ATM fees, which means you will have to locate a First Financial Bank ATM or eat the fee.

First Financial Bank is a brick-and-mortar bank, with 188 total bank locations in , , , , , , , , , , , , , , , , , , , , , , and . With mobile and web apps, First Financial Bank makes account access straightforward, even on the go. It does not offer all-day customer service with representatives. You can get help during its 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. Additionally, First Financial Bank offers a live chat feature, which may provide helpful service without getting on the phone. First Financial Bank receives relatively positive feedback from customers for its mobile app. With 9,495 customer reviews on Apple and Android platforms, the First Financial Bank mobile app has an overall rating of 4.5 out of 5 (compared to the national average of 3.8). First Financial Bank's mobile app allows you to manage your funds by monitoring account balances, sending and receiving funds and reaching customer service. First Financial Bank gets a superb consumer satisfaction score based on comparatively few consumer complaints registered with the Consumer Financial Protection Bureau (CFPB), a government financial agency that protects consumers in the financial sector.

First Financial Bank is a large bank and owns assets totaling $9 billion and deposits totaling $7 billion. It has an excellent Texas Ratio of 2.62%, suggesting a minute probability 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.

Products Offered

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 think about 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 in comparison to the average U.S. bank.

Find a First Financial Bank Near Me

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