About Us

When you choose First Federal Lakewood, you’re not choosing just another bank. You’re choosing to join the thousands of people just like you who believe in our community and are committed to helping it thrive.

As a mutual bank, we’re owned by our customers. Our goal is, and has always been, to meet the financial needs of our customers and to reinvest a portion of our profits into local businesses and residents. We’re deeply rooted in the communities we serve, and your deposit dollars will be reinvested close to home.

Whether buying your first home, saving for retirement or anything in between, our friendly and dedicated staff are ready to help you reach your financial goals.

If all this sounds a little unusual for a bank, it’s because we’re not just another bank. We’ve proudly been a part of the communities we serve for more than 85 years, and we’re committed to meeting your needs today and well into the future.

Why Choose First Federal Lakewood

From helping you with your banking needs to inspiring our employees, we’re proud to be part of your community.

Careers

Our employees are valued, respected, and their voices are heard.

Learn More about Careers

Community Impact

Our commitment to our neighbors has been setting us apart since 1959.

Learn More about our community impact

Management Team

Their experience and dedication provide strategic direction for today — and tomorrow.

Learn More about our Management Team

Board of Directors

Our Board of Directors ensures we are fiscally sound and focused on your needs.

Learn More about our Board

The Mutual Bank Difference: We’re Owned by You

With us, your deposit dollars are reinvested close to home. Just by doing your everyday banking with us, you’re helping to foster economic growth in the neighborhoods where we all live and work.

Our employees invest their time to support various local events, organizations, and community service efforts. We make decisions that benefit you, the community, and our employees — NOT shareholders.

When we reinvest in our community, it creates economic growth and prosperity for everyone we serve. That means your neighbor can start that business they have been dreaming of and your children can buy their first homes — which encompasses the true meaning of mutual banking and everything we stand for.

We Support Our Community

And so do you, when you bank with us.

First Federal Lakewood Activity Book 2025

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First Federal Lakewood Hosts 3rd Annual Holiday Giveaway

This holiday season, we wanted to show our appreciation for our community by hosting our annual Money Tree giveaway on Facebook and Instagram from December 9-13!
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Spotlight on El Barrio

The Centers is a nonprofit organization with a goal of creating life-changing solutions for people in Northeast Ohio to lead healthier and more successful lives, and the El Barrio workforce development programs and family services are an impactful part of the resources they offer.
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Spotlight on LakewoodAlive

The deep connectivity between our team and LakewoodAlive undoubtedly stems from the unmistakable similarity between the heart of mutual banking and what LakewoodAlive describes as the heart of all they do — fostering and sustaining vibrant neighborhoods.

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Spotlight on Habitat for Humanity

In 2023 First Federal Lakewood once again committed to support the organization with a two-year $60,000 sponsorship.
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How We’re Making a Difference in Our Communities

Between volunteering at our local schools to helping at the local food pantry, our team is busy! Check out how we’re getting involved in 2024.
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First Federal Lakewood Activity Book 2024

Learning about personal finance is important for tomorrow’s cosmic explorers! Join our team by helping my astronaut pals and I complete the 7 missions in this book.

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Giving Back to Our Local Children, One Shoe at a Time

There’s no better feeling than giving to the children who need it most. Over the past five years our team has been a supporter of Shoes and Clothes for Kids.
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How First Federal Lakewood Invests in Local Young Adults and Students for a Brighter Future

Our future relies on our children. That’s why investing in the young adults and students in our communities is a crucial and essential part of our bank’s mission. Teaming up with Youth Opportunities Unlimited (Y.O.U.) helped us do exactly that.
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Norma Herr Women’s Center Donations

Our Fairview Park and North Olmsted branches collected items to donate to they YWCA Greater Cleveland Norma Herr Women’s Center
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We are proud to support local businesses

The PPP loan helped so many small, locally-owned businesses in our community get back on their feet. Check out how we were able to help.
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Taking Financial Literacy to the Next Level – One Employee and One Customer at a Time

We understand that financial wellness is the key to success, which gives anyone access to learn the financial skills they need to buy their first home or help pay for their child’s education. That’s where our #GetWellwithFFL campaign and FFL University playlists come in.
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Our Loan Officers can help you find your dream home too!

Love working with Caroline Purcell!
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Getting Our Spirit On With School Spirit Debit Cards

From school alumni to community members, we all share a similar quality: we all love to show school spirit.
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First-Time Homebuyer Seminar

on March 10, 2021 we hosted a virtual First-Time Homebuyer event featuring two of our very own loan officers, Julia Rutkowski and Doug Mathews
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See what our Chief Community Development Officer says is her favorite part of her job!

My favorite part of my job is that I am able to create and foster relationships within the community.
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A New Season at First Federal Lakewood: Refreshed for Change and Invested in Our Roots

Seasons change, and this year, it feels truer than ever. Our passion and energy have been focused on helping our community members and businesses navigate a crisis unlike any we’ve ever seen.
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First Federal Lakewood Sponsors 2021 EVERFI Financial Literacy Bee

From setting budgets to saving, we are proud to be sponsors of the 2021 EVERFI Financial Literacy Bee and help high school students learn about financial literacy.
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2020 Holiday Giving

The holiday season can be a difficult time for many people, especially in 2020. As a community bank, our goal is to help lift-up the areas we serve and last year was no different; here are a few instances of our teams and our customers giving back for the holidays.
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2021 Activity Book

There’s something for kids of all ages in our 2021 Activity Book!
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    Hear From Our Business Customers

    Brian Boyed, co-owner of Corps 1 Construction & Skylights Now, talks about how First Federal Lakewood helped the business grow and how the bank understands the needs of small businesses.
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    We Support 150+ Community Organizations

    And so do you, when you bank with us.
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