A Letter Regarding Financial Strength & Security

“Since 1935, First Federal of Lakewood has held to the philosophy

of helping our customers and our communities grow by providing

dedicated service, financial strength and security.

 

Given today’s concerns regarding high-risk practices by a number

of residential mortgage lenders, we can assure you that we are

still strong, safe and secure.

 

First Federal of Lakewood chose not to participate in the high-risk

loan market at the expense of credit quality. It is our standard

business practice to offer loans at competitive rates in a responsible

manner and to reinvest in the communities we serve.

 

We remain steadfast in our commitment to the housing market in

Northeastern Ohio and to you, our customer.  We’ve been here.
We’ll be here. And
we’re here today to serve as your trusted

financial partner.”

 

Gary R. Fix

President & CEO

First Federal of Lakewood