First Federal Lakewood Moves to New Location in Parma


First Federal Lakewood, the largest independent depositor-owned bank headquartered in Ohio, today announced the opening of its new branch at 5659 Broadview Rd.  As redevelopment continues in the Snow Rd. and Broadview Rd. neighborhood, First Federal Lakewood is excited to reinvest at their new location.

“In Parma, it was important for us to find a location close to our original branch, where we have been for a combined 50+ years as First Federal Lakewood and Century Bank.  After a review of several locations,  we were thrilled to find a location that was right around the corner on Broadview Rd.” said Timothy Phillips, president and CEO.

The new branch will open on January 21 and is located at 5659 Broadview Rd., Parma, Ohio.

“To celebrate our move, we’ll be hosting a customer and community appreciation event at our new location from 1:00 p.m. to 5:00 p.m. on Friday, January 24,” said Vesna Vladic, branch manager. “We hope the community will come celebrate with us at our new branch with games, food and giveaways.”

First Federal Lakewood

First Federal Lakewood is the largest independent depositor-owned bank headquartered in Ohio with assets of $1.9 billion. With 20 full-service branch locations and 11 mortgage lending offices throughout Ohio, First Federal Lakewood provides deposit, lending, residential mortgage lending, cash management and investment services to individuals and businesses. Since 1935, First Federal Lakewood has been a stable community owned bank committed to deploying funds that foster local economic growth.