Falls Township Fire Company No.1 was formed by 60 "Subscribers", all who were residents of the village of Fallsington. On the 15th of March 1928, the subscribers chose the 3 original Trustees. The three were Albert S. Hibbs, H. Clinton Healy, and David Satterthwaite. At the same time they petitioned the Commonwealth of Pennsylvania along with the Court of Common Pleas of Bucks County for incorporation. On April 13, 1928 in Harrisburg, the Deputy Secretary of the Commonwealth, George D. Thorn, certified the name of "Falls Township Fire Co. No. 1". Shortly thereafter on May 14, 1928, the President Judge of Bucks County, Wm. C. Ryan, approved the petition, and granted a charter.

Prior to the formation of the Fire Company, anecdotal evidence suggests that the Falls Township Board of Supervisors contracted with the City of Trenton, New Jersey and the Borough of Morrisville to provide Fire Protection to Falls Township.

In 1928, the first firehouse, temporary in nature, was located in Frank Kloppenberg's wheelwright shop at 46 Main Street. Union Fire Co of Morrisville donated the first truck, a Brockway Chemical. A brand new Firehouse was placed on land donated by Charles Satterthwaite and built by Bert Hibbs for $500.00. This station was located at 82 Main Street in Fallsington. This location is now a private dwelling.