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We’re proud to put community at the center of everything we do. Because it’s our community, too!
Banking local with First Federal Lakewood, a mutual bank, means the dollars you deposit have a direct, positive impact in your neighborhood. Deposits are reinvested into our local economy as mortgage loans, business loans, charitable donations, hands-on help for local residents, and more.
As a mutual bank, we are owned by those who deposit or borrow with us. That means whether you bank with us personally or as a business owner (or both!), we answer to YOU, not shareholders.
When you bank local, your dollars stay local. That’s what it means to be a mutual bank.
5% of our profit is reinvested locally.
Decisions are made by people who live and work right in your neighborhoods.
Every account opened and every loan given has a positive impact on local businesses and families.
We put our money where our mouth is. A few of the highlights from our 2023 Community Impact Report include:
The feeling is mutual.
“It really was a no-brainer when we chose to go with First Federal Lakewood. They understand the pressures of [owning a small business] and make it possible for us to reach our dreams.”
-John W.
“Every touch point I have with the bank is nothing other than perfection. I don’t know how often you and your team get thanked (it should be daily). I wanted to make sure I let everyone know how happy I am with your service and the service from your team.”
-Megan A.
“Buying a new home, especially for a first time home buyer, was almost like a whole new language. But First Federal Lakewood really helped explain the process in terms that I could understand.”
-Kyle
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