Do You Want Your Money to Matter? The Feeling is Mutual.

As a mutual bank, First Federal Lakewood is owned by the people who borrow or deposit with us. Even better, when you bank with your local mutual bank (that’s us!), the dollars you deposit have a direct, positive impact in YOUR neighborhood. We reinvest into our local economy in the form of mortgage loans, business loans, charitable donations, hands-on help for local residents, and more. 

Do you want your money to make a difference in your community? The feeling is mutual – because it’s our community, too!

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Why Mutual Banks Matter

Community Commitment

5% of our profit is reinvested locally.

Personalized Service

Decisions are made by people who live and work right in your neighborhoods.

Supporting Community Growth

Every account opened and every loan given has a positive impact on local businesses and families.

Impactful Banking

We put our money where our mouth is. A few of the highlights from our 2023 Community Impact Report include:

  • Local Engagement: Supported over 160 community organizations.
  • Employee Participation: 20% of employees volunteered 1,090 hours.
View the Report View community report

Ready to Make Your Money Matter?

The feeling is mutual.

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“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.

Watch Video John’s Testimonial Video

“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

Watch Video Kyle’s Testimonial Video

    We’re a proud member of Mutuals Matter

    As a member of Mutuals Matter, we join other mutual banks across the country who are dedicated to serving and investing in our customers and communities.

    Together, along with our customer and the communities, we can be a part of something bigger. Something that’ll be around for a long time. Something we can all believe in. Because Mutuals matter.

    Learn More About Mutuals Matter