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About Us

Committed to making smart, strategic business decisions that mutually benefit you, our employees, and the communities we serve, First Federal Lakewood is proud to be the largest independent, depositor-owned bank headquartered in Ohio.

Being depositor-owned means we work for you — our customers — not shareholders. Being local means we’re firmly rooted in the community, so we understand your needs. Yet we’re large enough to offer a broad range of products and services to meet those needs.

In other words, we have everything you need to bank on your own terms.

When you bank with us, your deposit dollars are reinvested close to home to help strengthen the local economy. So your deposits may go to work to create a mortgage loan for your neighbor or a small business loan to help a neighborhood business. Together, our collective strength helps the area economy thrive. 

And you can count on us to be here for you and the community for years to come. We’re proud to have been a steady presence in Northeast Ohio for 80+ years, even as other banks have consolidated or left the area. Maintaining our local headquarters is an ongoing commitment we have no plans to change.

Our vision for the future is as clear today as it was when we first opened: to grow, to maintain stability, and continue to put our customers and our community first – in every decision we make.

2018 Financial Statement

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