What is a Mutual Bank

Can 30 seconds really give you a good idea of what First Federal Lakewood is about? It sure can!

But first, we’d like to ask you: What does community mean to you?

To us, community means the funds you deposit are reinvested into the community to help your neighbor get a mortgage loan for their first (or third!) home.

To us, community means helping that new business owner start the business of their dreams and to help decades-old businesses keep on thriving – without out-of-state shareholders to answer to.

To us, community means everything.

At First Federal Lakewood, it’s at the heart of everything we do. That’s why it’s so important to us to make sure you, our community and our neighbors, know exactly how this distinction sets us apart.

Now that you know a little more about what it means to be a mutual bank, you can see exactly how we are putting our community at the center of everything we do. Our new brand video wraps our story – and everything we believe in – into 30 seconds and we’re excited to unveil it to you below.

We are so proud to have served our neighbors and our local economy for over 85 years, and as always, we look forward to continuing to do so for the next 85.