Cash Management Group

Headshot of Kurt Kappa
Kurt Kappa
SVP, Chief Lending Officer
Kurt Kappa | SVP, Chief Lending Officer

Phone: (216) 529-2998

Kurt Kappa is the Senior Vice President, Chief Lending Officer at First Federal Lakewood, the largest depositor-owned community bank headquartered in Ohio with assets of $1.6 billion. In this role, Kurt oversees all commercial and industrial(C&I)and treasury management teams.
Kurt prides himself on building relationships with and making introductions among mid-market business owners in Northeast Ohio. As a member of the bank’s executive team, he provides clients with direct access to lending decision makers.
He previously was a Senior Vice President, Market Leader at Westfield Bank, responsible for leading all commercial sales efforts within the Cuyahoga and Lorain County regions. He began his financial services career as a Financial Advisor at UBS.
Kurt received a bachelor’s degree in finance from Bowling Green State University and a Master of Business Administration degree in entrepreneurship from Baldwin Wallace University. He is involved in a variety of civic and community leadership roles, including serving on the boards of directors for the Neighborhood Housing Services of Greater Cleveland, Leadership Medina County, the Greater Medina Chamber of Commerce and the Medina County Economic Development Corporation.
Headshot of Bonny Carroll
Bonny Carroll
VP, Cash Management & Public Funds Officer
Bonny Carroll | VP, Cash Management & Public Funds Officer

Phone: (216) 529-2622

As Cash Management & Public Funds Officer, Bonny Carroll oversees the First Federal Lakewood Treasury Management Department which offers cash management services to public organizations—such as educational institutions, health care centers, religious organizations, trade associations, libraries and government organizations at the city, county and state level—to enhance deposit accessibility and offer them improved control of cash flow. Bonny has more than 35 years of experience in the financial services industry, joining First Federal Lakewood in 2005, first serving as a Branch Sales Manager in the Avon and Avon Lake branches before moving to her current position in 2010. She is a member of the First Federal Lakewood President’s Club and a member of the Northern Ohio Association for Financial Professionals. Bonny received a bachelor’s degree from Denison University and received the Certified Treasury Professional (CTP) designation from 2006 – 2011.
Headshot of Alix Kaufmann
Alix Kaufmann
VP, Treasury Management Officer
Alix Kaufmann | VP, Treasury Management Officer

Phone:  (216) 239-5842

Alix Kaufmann joined First Federal Lakewood in 2012 as an Assistant Branch Manager before becoming a Branch Manager, Sales Manager and then Regional Branch Manager. In 2018, she was promoted to Vice President, Treasury Management Officer where she will be working closely with local businesses to help them find solutions to better manage their finances while providing personalized service. With nearly a decade of financial services experience, she has an extensive background in both commercial and consumer financial products. Alix is a member of the Downtown Lakewood Business Alliance (DLBA), LakewoodAlive, the Near West Theatre and the Lakewood Chamber of Commerce, as well as a board member for the Kiwanis Club of Lakewood. In 2018, she was recognized by LakewoodAlive for her exemplary service to the organization and the Lakewood community. Alix also volunteers at many community events in Lakewood throughout the year, including the Taste of Lakewood, Light up Lakewood, Lakewood Summer Meltdown and more. Alix received a bachelor’s degree in business administration from the University of North Carolina at Charlotte and previously worked as an Assistant Branch Manager at Bank of America.
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