About Us

When you choose First Federal Lakewood, you’re not choosing just another bank. You’re choosing to join the thousands of people just like you who believe in our community and are committed to helping it thrive.

As a mutual bank, we’re owned by our customers. Our goal is, and has always been, to meet the financial needs of our customers and to reinvest a portion of our profits into local businesses and residents. We’re deeply rooted in the communities we serve, and your deposit dollars will be reinvested close to home.

Whether buying your first home, saving for retirement or anything in between, our friendly and dedicated staff are ready to help you reach your financial goals.

If all this sounds a little unusual for a bank, it’s because we’re not just another bank. We’ve proudly been a part of the communities we serve for more than 85 years, and we’re committed to meeting your needs today and well into the future.

Why Choose First Federal Lakewood

As we help you with your banking needs and grow together, we’re proud to be part of your community.

Careers

Our employees are valued, respected, and their voices are heard.

Learn More about Careers

Community Impact

Our commitment to our neighbors has been setting us apart since 1959.

Learn More about our community impact

Management Team

Their experience and dedication provide strategic direction for today — and tomorrow.

Learn More about our Management Team

Board of Directors

Our Board of Directors ensures we are fiscally sound and focused on your needs.

Learn More about our Board

The Mutual Bank Difference:

We stand by our purpose and vision of providing solutions that support our colleagues, customers (that’s you!) and communities for life while being the community bank that everyone can count on.

We do this by reinvesting your deposit dollars into our communities to collectively help the local economy thrive while helping you reach your financial goals. That’s what sets us apart from other banks.

View Our Financial Statement 

Our Values

Integrity

We build trust through responsible actions and honest relationships.

Empowered

We encourage others to explore options and make decisions.

Caring

We prioritize the needs of our customers and employees.

Inclusion

We invite, listen, and respect the values, opinions, and experiences of one another.

Accountability

We take ownership of our behaviors and decisions.

We Support Our Community

And so do you, when you bank with us.

Edna House Partnership with First Federal Lakewood

There’s no better feeling than helping someone in need.
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2023 Activity Book

There’s something for kids of all ages in our 2023 Activity Book.

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First Federal Lakewood’s Partnership with Youth Challenge

First Federal Lakewood has been supporting Youth Challenge since 2007, an organization that was founded on the principle of using adaptive sports as a channel for personal growth.

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Our Community Outreach: 2023

Supporting our community is at the forefront of everything we do. From volunteering at schools to backing local businesses and organizations, our team is busy!
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2022: A Year of Community Involvement

At First Federal Lakewood, 2022 was a busy time for community involvement, exciting events, and much more. From hosting financial literacy classes to sponsoring local events, we’re recapping all of our favorite memories from the last 12 months.
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Fostering Hope

Lauren Golick’s smile never left her face as she talked about the Fostering Hope donation drive, an effort that she describes as meaningful and impactful.
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Helping Students Prosper Through Financial Literacy Classes

In partnership with Youth Opportunities Unlimited (Y.O.U.), our team headed to John Marshall High School in Cleveland to host financial literacy classes for 11th and 12th graders.
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    See how we helped John and Deborah open their dream business

    Watch Video 

    We Support 150+ Community Organizations

    And so do you, when you bank with us.
    Read the Stories