Kentucky First Federal is a holding company. Through its subsidiaries, Co. accepts deposits from the public and applies those funds to the origination of loans for residential and consumer purposes. Co.'s subsidiary, First Federal Savings and Loan Association of Hazard, a community-oriented savings and loan association, provides financial services to consumers in Perry and surrounding counties in eastern Kentucky. It engages primarily in the business of accepting deposits from the general public and using such funds to originate, when available, loans secured by first mortgages on owner-occupied, residential real estate and occasionally other loans secured by real estate.