Is First Savings Bank FDIC insured?
First Savings Bank operates as a fully regulated, legally chartered financial institution whose customer deposits are protected by the Federal Deposit Insurance Corporation (FDIC). This federal insurance backing ensures that eligible consumer and business accounts—including checking portfolios, savings balances, money market accounts, and certificates of deposit—are fully insured up to the statutory limit of two hundred fifty thousand dollars per depositor, per ownership category. In the unlikely event of an unexpected bank failure, this government-backed safety net guarantees that account holders will recover their insured funds without financial loss.
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Yes, FB Financial Corporation, the parent company of FirstBank, completed its merger with Southern States Bancshares, Inc., the parent company of Southern States Bank, on July 1, 2025.
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First Savings Bank is an authentic, fully regulated, and legally chartered commercial banking institution operating within the United States.