# FirstFed Bancorp, Inc. Employee Stock Ownership Plan and FirstFed Bancorp, Inc., both of Bessemer, Alabama — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated

For FirstFed Bancorp, Inc. Employee Stock Ownership Plan and FirstFed Bancorp, Inc., both of Bessemer, Alabama, action is Written Agreement; effective date is 2011-06-27; termination date is 2016-09-01; board document is /newsevents/pressreleases/enforcement20110707a.htm; document type is Press Release, verified against its source on 2026-08-11.

- **Banking organisation:** FirstFed Bancorp, Inc. Employee Stock Ownership Plan and FirstFed Bancorp, Inc., both of Bessemer, Alabama _(verified: appears in the quote below)_
- **Action:** Written Agreement _(verified: appears in the quote below)_
- **Effective date:** 2011-06-27 _(verified: appears in the quote below)_
- **Termination date:** 2016-09-01 _(verified: appears in the quote below)_
- **Board document:** /newsevents/pressreleases/enforcement20110707a.htm _(verified: appears in the quote below)_
- **Document type:** Press Release _(verified: appears in the quote below)_

## What the source says

> 2011-06-27,2016-09-01,,,"FirstFed Bancorp, Inc. Employee Stock Ownership Plan and FirstFed Bancorp, Inc., both of Bessemer, Alabama",Written Agreement,/newsevents/pressreleases/enforcement20110707a.htm,Press Release,

## Source

- https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv

Last verified: 2026-08-11. Review by: 2026-09-01.
Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).