Firstrust Savings Bank is a family-owned community bank headquartered in Philadelphia that has served the greater Philadelphia region for 90 years since its founding in 1934. The bank operates under the tagline "Philadelphia's Hometown Bank®" and positions itself as a regional institution committed to community involvement and personalized service.
Firstrust offers a comprehensive range of consumer and commercial banking products including checking and savings accounts, home loan mortgages, home equity lines of credit, certificates of deposit (CDs), commercial credit cards, and online banking services. Their current featured products include an Eagles-branded checking account, a 5-month CD offering 3.25% APY, and home equity lines of credit with promotional rates (3.99% APR for 6 months, then 6.75% variable). The bank emphasizes accessibility through online account enrollment and mobile banking alongside traditional branch banking.
What distinguishes Firstrust is its emphasis on community banking and local relationships rather than national scale. Customer testimonials highlight personalized service, efficient appointment-based processes with pre-prepared paperwork, knowledgeable staff, and the bank's active community partnerships (including 13+ years supporting Philadelphia's World Affairs Council programming). The institution maintains FDIC insurance protection and promotes its small-town feel despite serving a major metropolitan region.
As a regional community bank, Firstrust serves customers seeking personalized banking relationships and local decision-making rather than the convenience and technology features of larger national or digital-only banks. While the website demonstrates strong community commitment and customer satisfaction, prospective customers should verify current rates and product terms, as community banks typically have higher fees and lower rates than online competitors.