When you choose First Federal Lakewood, you’re not choosing just another bank. You’re choosing to join thousands of people just like you who believe in our community and are committed to helping it thrive.
As the largest depositor-owned community bank in Ohio (that means there’s no shareholders, it’s owned by everyone who deposits money!), First Federal Lakewood knows what it means to be a good neighbor. They’re committed to making decisions that benefit us, the overall local economy, and their employees — NOT shareholders. 5% of their net profits are donated back to the community every year, which means that by banking with them, you’re promoting economic growth in the neighborhoods where we all live and work. It’s the ultimate form of buying and supporting local!
First Federal Lakewood also provides mortgage loans. They know buying a home—whether you’re a first-time homebuyer or bought your first house decades ago—can feel like an overwhelming process. That’s why they make finding the right mortgage solution as simple as possible.
With SimplyMortgage, their digital mortgage application, you won’t have to deal with piles of paperwork or a cumbersome application process. They make your experience as smooth as possible so you can focus on what’s important: turning your new house into a home.
And when it comes to supporting your financial goals, First Federal Lakewood’s Advice Hub has all the tools and resources you need to become financially savvy! Set yourself up for success with expert guidance and advice on home ownership, small business management, personal finances, and so much more. Get the tips, tricks, and strategies that will help put you on a path to a healthy financial future — no matter where you are in your journey.
Above all else, First Federal Lakewood believes in the power of neighbors helping neighbors. Their employees donate an incredible amount of their time in support of various local events, organizations, and community service efforts. After all, it’s their community too!
If all this sounds a little unusual for a bank, that’s because First Federal Lakewood isn’t just another bank. They’ve proudly been a part of the communities they serve for over 85 years, and they are committed to meeting your needs both today and well into the future.
Or schedule an appointment to talk about opening a personal or business account, finding the right mortgage solution for you, securing a small business loan, and so much more!