Altoona First Savings Bank logo

Altoona First Savings Bank in Altoona, PA

No stored Google rating available.

Community-focused bank offering personal and business checking, savings, loans, and digital banking services with emphasis on local relationship-based banking.

Data compiled from public sources

Altoona First Savings Bank Review

Altoona First Savings Bank is a traditional community bank that positions itself around relationship-driven banking and local community involvement. The institution operates physical branch locations while maintaining a modern digital banking infrastructure. ' The bank has been building trust through established operations and customer testimonials from local businesses.

The bank offers a comprehensive range of consumer banking products including checking and savings accounts, home equity lines of credit (HELOCs), mortgages, money market deposit accounts, and debit cards. On the business side, they provide business checking, business savings, business loans, merchant card services, and letters of credit. Their digital banking platform includes mobile apps, bill pay, mobile deposit, and 24/7 account access.

Additional services include financial calculators, lost card replacement, check reordering, and security/fraud resources. Altoona First distinguishes itself through emphasis on community relationships and local presence rather than technological innovation or listed financial products. They specifically target small business owners with testimonials highlighting their 'simplistic, easy approach' to business banking.

The bank markets digital convenience alongside personal service, positioning themselves as an alternative to larger national institutions while maintaining approachability. As a traditional community bank, Altoona First serves consumers who value local relationships and established banking infrastructure. However, the website provides limited information about specific rates, fees, account minimums, or detailed product features.

There is no transparency about loan terms, APRs, or competitive positioning. The bank appears to require customers to contact them directly for pricing and specific product details, which may be inconvenient for rate-shopping consumers.

Services & Features

Bill pay and mobile deposit
Business checking accounts
Business loans
Business savings accounts
Debit cards
Digital banking and mobile app
Financial calculators
Home equity lines of credit (HELOCs)
Letters of credit for business
Merchant card services
Money market deposit accounts
Mortgages
Personal checking accounts
Personal savings accounts

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Offers both personal and business banking products under one institution
  • Mobile app and digital banking available for 24/7 account access
  • Home equity lines of credit (HELOCs) available for flexible funding
  • Money market deposit accounts earning interest with account access
  • Merchant card services for business payment processing
  • Community involvement and local relationship focus
  • Multiple physical locations with customer support team

Cons

  • Website does not display current interest rates, APRs, or account minimums
  • Limited product information available online; requires contacting bank for details
  • No visible information about fees, early withdrawal penalties, or term lengths
  • Geographic limitation implied by 'Altoona First' branding suggests limited branch network
  • No comparison tools or rate transparency for shopping and switching

State Consumer Finance Context

This is state-level context for Banks consumers in Altoona, PA. It does not confirm that Altoona First Savings Bank or this specific location is licensed.

State regulator

Pennsylvania Department of Banking and Securities

Key state rules to check

  • Payday lending is banned; the state's usury cap of 6% (24% for licensed lenders) prevents it.
  • Licensed consumer discount companies regulated under the Consumer Discount Company Act.
  • The Pennsylvania Unfair Trade Practices and Consumer Protection Law prohibits deceptive lending.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Mortgage Lending Transparency

Altoona First Savings Bank processed 164 mortgage applications in 2023, with 89% recorded as approved across 1 states.

164

Applications

89%

Approval Rate

$110K

Avg Loan

1

States Served

Approval Rate by Applicant Income

Under $50K
81%
$50K–$100K
91.1%
$100K–$200K
100%
Over $200K
100%

Based on 164 applications. Income in thousands (reported by applicant).

States With Recorded Applications

Pennsylvania 164 apps · 84.8%

Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.

Frequently Asked Questions

What services does Altoona First Savings Bank offer?

Altoona First Savings Bank offers 14 services including Personal checking accounts, Personal savings accounts, Home equity lines of credit (HELOCs), Mortgages, Money market deposit accounts, and 9 more.

What profile signals are listed for Altoona First Savings Bank?

Altoona First Savings Bank has profile signals associated with Small business owners seeking personalized banking relationships and small business loans, Local community members wanting to support and bank with a regional institution, Consumers who prefer face-to-face banking combined with digital convenience, Home owners interested in HELOCs or mortgages through a community lender.

What are the strengths and weaknesses of Altoona First Savings Bank?

Key strengths: Offers both personal and business banking products under one institution; Mobile app and digital banking available for 24/7 account access; Home equity lines of credit (HELOCs) available for flexible funding. Areas to consider: Website does not display current interest rates, APRs, or account minimums; Limited product information available online; requires contacting bank for details.

How does Altoona First Savings Bank compare to similar companies?

In the Banks category, comparable providers include American Bank, Philadelphia Letter Carriers, Tioga Franklin Savings Bank. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Founded
1927
Headquarters
Altoona, PA
BBB Accredited
No
Certifications
FDIC Insured FDIC Cert #27711
Visit Altoona First Savings Bank

CreditDoc Profile Note

Research Note on Altoona First Savings Bank

Altoona First Savings Bank is profile signals for community-oriented consumers and small business owners who value local relationships and prefer banking with a regional institution. The main caveat is limited online transparency regarding rates, fees, and product terms—interested customers must contact the bank directly for pricing information, making rate comparison and quick evaluation difficult.

Profile Signals

  • Small business owners seeking personalized banking relationships and small business loans
  • Local community members wanting to support and bank with a regional institution
  • Consumers who prefer face-to-face banking combined with digital convenience
  • Home owners interested in HELOCs or mortgages through a community lender
Updated 2026-05-08

Similar Companies

American Bank logo

American Bank

Review this provider profile and compare source-linked details before choosing what to do next.

BBB: NR

Profile signals: Local banking with personal service, Review this provider profile and compare source-linked details before choosing what to do next.

Philadelphia Letter Carriers logo

Philadelphia Letter Carriers

Eagle One FCU is a credit union serving Philadelphia Letter Carriers and eligible members with savings, checking, loans, and credit cards.

5.0/5

Google rating from 10 reviews

BBB: NR

Profile signals: Philadelphia Letter Carriers and their eligible family members seeking full-service banking, Postal workers needing union-affiliated financial services and member-owned structure benefits

Tioga Franklin Savings Bank logo

Tioga Franklin Savings Bank

Tioga Franklin Savings Bank is a Philadelphia-based full-service bank offering personal and business checking, savings accounts, CDs, and loan services with competitive promotional rates.

5.0/5

Google rating from 9 reviews

BBB: NR

Profile signals: Philadelphia-area residents seeking traditional community bank checking and savings accounts, Savers with $10,000+ available for CD laddering at rate claims to verify

Compare Your Needs With Altoona First Savings Bank

Answer 3 quick questions to review category, service, and profile context.

1. What's your primary financial goal?

Quick Summary

  • Altoona First Savings Bank is listed as a Banks provider in Altoona, PA on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
  • If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
  • For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.

Financial Wellness Guides

Affiliate Disclosure: CreditDoc may earn a commission when you click links to Altoona First Savings Bank and other services. These commissions help us maintain our free research. Compensation does not determine whether a provider can be covered; visible star ratings use stored Google review ratings when available. Learn more.