Kentucky First Federal Bancorp is a financial holding company that operates two community-focused savings institutions: First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky. The banks provide traditional lending and deposit services to economically modest communities in eastern and central Kentucky, with a loan portfolio heavily weighted toward residential mortgages on owner-occupied properties, supplemented by construction, multi-family, and nonresidential real estate lending. Revenue is generated through interest income on loans and deposits, origination and servicing fees, and investment returns on mortgage-backed securities. The company competes with larger regional banks in its local markets, funding its operations primarily through retail deposits, borrowings from the Federal Home Loan Bank of Cincinnati, and loan prepayments.