Timothy E. Phillips

Tim is the president and CEO of First Federal Lakewood, the largest independent depositor-owned community bank headquartered in Ohio. Tim holds responsibility for the sales and operations, as well as enhancing the bank’s commitment to the customers and communities it serves.

Tim is a seasoned financial services industry veteran who offers a unique combination of banking expertise and commitment to the mutual form of banking. As a Northeast Ohio native, he is dedicated to helping our communities and businesses thrive.

Phillips holds a master’s degree from University of Akron and a bachelor’s degree from Miami University in Oxford, Ohio. He has served as a board member for many civic and community organizations, including the American Red Cross, Medina Creative Housing and Highland School Foundation. He is a past chair for the Medina Hospital Foundation and is currently a director for the Medina Hospital, a Cleveland Clinic Regional Hospital.