Welcome CBC

We're pleased to meet you.

Learn more about the partnership of First Federal Bank and CBC National Bank.


Welcome CBC National Bank!

We’re pleased to welcome CBC National Bank to the First Federal family! Our 55-year-old institution was founded on hometown values and a commitment to serving our customers and communities. Currently, we are a community-based mutual bank that serves customers from branch locations and loan offices across North Florida, from Florida’s First Coast to the Panhandle. We are excited about the opportunity to partner with CBC and expand our presence in Florida, Georgia, South Carolina, and other states. Take a look at this page for more information about the transition.
Read the Press Release here

CBC Customer FAQs

What do I do now? Can I still access my account?
Continue to bank just as you usually do. At this point, you can still use your CBC accounts, checks, debit cards, deposit slips, and online banking logins. Automatic drafts and direct deposits will still work properly.
When will CBC become First Federal Bank?
We are in the process of filing the necessary documentation to regulatory agencies and this can take several months. Our target date to become one organization is first or second quarter 2018.
I am a shareholder of CBCO. Since First Federal is a mutual bank, what happened to my CBCO shares?
Each shareholder will get cash for each share at the deal price of $21.50 per share, at the closing date. Shareholders or their broker (if they have one) will need to surrender their stock certificate in order to receive their proceeds. More information on this process will be communicated later.
What about my loan or mortgage payments?
Continue to make your loan or mortgage payments the same way you have in the past. You will receive further instructions after the merger is complete.

One of the things that resonates deeply with me about CBC is their heart for their communities. Our values and cultures are so alike, with both focusing on reliability, responsiveness, assurance, empathy, and tangibles. This partnership can only mean good things for our institution, customers, and communities in the future. 

Keith Leibfried

President/CEO of First Federal

 This partnership with First Federal is a great fit for our customers and the communities we serve. Our team will be able to build on the strength and stability of First Federal and work together in providing our customers with the convenience of 16 additional branch locations and a greater level of service and benefits.

Mike Sanchez

CEO of CBC National Bank
First Federal Bank Operations Office

We know how important our financial stability is to our communities.
Since 2000, we've been ranked "5-Star, Superior" by BauerFinancial, Inc.*

What will change for CBC customers?

First Federal Bank is committed to making this transition as smooth as possible, with little impact to the services, products and customer service that you have entrusted CBC National Bank to deliver over the years. We want to continue to be your community bank of choice and are looking forward to enhancing our relationship. Below is a list of changes that you can expect during the transition.

 What is not changing:

  • Hometown, community bank
  • The people you know
  • Customer & community focused mindset
  • Ethics & culture - positive & helpful atmosphere
  • Financial solutions tailored to our customers
  • Local branch footprint
  • Community involvement & visibility

 What you can expect to change:

  • The name - CBC National Bank will change to First Federal Bank
  • Access to a larger branch network across North Florida
  • Enhanced products & services

A blurry scene of a gathering of people under party lights.

Get Involved

See how

The silhouette of two people shaking hands.
Executive Teams

Lead the Way

See the teams

Coins dropping onto a shiny surface.

Financial Statements

Books sitting on a shelf in a library.
our story

History and Vision

Read more