To our customers,
Like you, we have been paying close attention to current financial news, and we want to reassure you that First Federal Lakewood remains the safe and stable institution it has always been. Here are a few reasons why you can feel confident about First Federal Lakewood:

  • First Federal Lakewood is one of the leading mutual banks in the country. We have been in business for almost 90 years, and we expect to continue serving our community for generations to come. Our tradition of strong business practices and conservative decision-making help us to remain steady and successful throughout financial market disruptions and enable to leverage our strength to help customers and communities when they need it most.

  • We have a stable and diversified deposit base that includes deposits from consumers, small businesses, commercial businesses, public entities, commercial real estate companies, non-profits and more – all the businesses that make up the fabric of our local communities.

  • Our business model is simple: we reinvest in the communities we serve. As a mutual bank, our decisions are made with the best interests of our customers, communities, and employees.

  • We are confident that our banking professionals have the knowledge and experience to help you achieve your financial goals now and in the future. Our priority is your success.

We are always here for you. If you have any questions, please reach out to your local branch, business banker or email me directly at We are happy to address any of your concerns and provide additional information.
On behalf of First Federal Lakewood, thank you for your continued trust in us.
Tim Phillips


President & CEO
First Federal Lakewood