First Federal Lakewood Opens Midtown Cleveland Branch in Dave’s Midtown Market and eatery


First Federal Lakewood, the largest independent, depositor-owned bank headquartered in Ohio, expanded its Northeast Ohio footprint to 19 full-service branches by opening its first branch within a grocery store at 1929 E 61st St. Cleveland, Ohio 44103, inside the newly opened Dave’s MidTown Market & eatery. 

First Federal Lakewood has been in business since 1935 and has always been committed to helping Northeast Ohio communities thrive. Opening a new branch inside Dave’s exemplifies the bank’s vision – to grow, maintain stability, and continue to put customers and communities first in every decision that is made. First Federal Lakewood is committed to its new home in MidTown and will continually invest in additional development and growth within the community.

“With all of the energy surrounding the revitalization of MidTown, we couldn’t be more enthusiastic about expanding our branch network into the area,” said Timothy E. Phillips, President and CEO of First Federal Lakewood. “We are proud of our partnership with Dave’s and look forward to providing convenient banking to the residents and businesses in the area.”

To celebrate the opening of the new branch, First Federal Lakewood is holding in-store promotions, events, and giveaways throughout the week of July 29th.

“As a community bank, we look forward to reinvesting customer deposits back into the local community, making possible loans and financing for local residents and businesses, helping them to thrive.” said Kurt Raicevich, SVP, Chief Retail Officer at First Federal Lakewood. “We’re honored to have the opportunity to give back to the MidTown neighborhood.”

About First Federal Lakewood
First Federal Lakewood is the largest independent depositor-owned bank headquartered in Ohio with assets of $1.9 billion. With 19 full-service branch locations and 13 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.