First Federal Lakewood

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.75%	5-year CD	5 Year CD 1.85% - Synchrony Bank 60 Month CD
0.25%	1-year CD	1 Year CD 1.05% - Ally Bank High Yield 12-Month CD
0.25%	Savings	Passbook Savings Account 1.00% - Ally Bank Online Savings Account

View all First Federal Lakewood rates »

Overview / Commentary

www.ffl.net

216-529-2682

14806 Detroit Ave
Lakewood, OH 44107

First Federal Lakewood is headquartered in Lakewood and is the 17^th largest bank in the state of Ohio. It is also the 476^th largest bank in the nation. It was established in 1935 and as of June of 2016, it had grown to 369 employees at 18 locations. First Federal Lakewood's money market rates are 93% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q2 2016

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Health Grade Components

Overall
FDIC Certificate #	29488
Year Established	1935
Employees	369
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.53%
Return on Equity - YTD	5.15%
Annual Interest Income	$25.5MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$1.61B$1.58B
Loans	Q2 2016vs Q2 2015	$1.37B$1.32B
Deposits	Q2 2016vs Q2 2015	$1.28B$1.29B
Equity Capital	Q2 2016vs Q2 2015	$166.6MM$161.2MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$10.8MM$13.5MM
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$6.8MM$9.5MM
Real Estate Owned	Q2 2016vs Q2 2015	$0$1.2MM

Rates

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Money Market
Checking
CD
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Federal Lakewood Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$25k^*	-	Statement Savings Account
OTHER TIERS: 0.05% → Up to $9k \| 0.10% → $9k - $15k \| 0.15% → $15k - $25k
0.25%^*	$50k^*	-	Passbook Savings Account
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $25k \| 0.15% → $25k - $50k
0.25%^*	$50k^*	-	Christmas Club Account
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $25k \| 0.15% → $25k - $50k

First Federal Lakewood Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.85%	$1k	$250k	Promotional Money Market w/ Benefits Checking Relationship (New Money)
0.45%^*	$100k^*	-	Select Money Market Checking Account
OTHER TIERS: 0.05% → Up to $10k \| 0.15% → $10k - $25k \| 0.25% → $25k - $50k \| 0.35% → $50k - $100k

First Federal Lakewood Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%^*	$1,500^*	-	Preferred Interest Checking Account
OTHER TIERS: 0.05% → Up to $1,500
0.05%	$50	-	Direct Interest Checking Account
0.05%	$50	-	Advantage50 Checking Account

First Federal Lakewood CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%	$500	-	5 Year CD
0.90%	$500	-	39 Month Advantage CD
0.75%	$500	-	18 Month FFL Step CD Special
0.75%	$500	-	4 Year CD
0.65%	$100k	-	270 Day Jumbo Renewal CD
0.65%	$100k	-	270 Day Jumbo CD
0.60%	$500	-	3 Year CD
0.50%	$250	-	Direct Save CD
0.45%	$500	-	2 Year CD
0.45%	$500	-	2.5 Year CD
0.45%	$100k	-	365 Day Jumbo Renewal CD
0.45%	$100k	-	365 Day Jumbo CD
0.35%	$500	-	Jump Rate CD
0.30%	$500	-	18 Month CD
0.30%	$100k	-	180 Day Jumbo Renewal CD
0.30%	$100k	-	180 Day Jumbo CD
0.25%	$500	-	1 Year CD
0.25%	$100k	-	30 Day Jumbo Renewal CD
0.25%	$100k	-	30 Day Jumbo CD
0.20%	$100k	-	60 Day Jumbo Renewal CD
0.20%	$100k	-	90 Day Jumbo Renewal CD
0.20%	$100k	-	60 Day Jumbo CD
0.20%	$100k	-	90 Day Jumbo CD
0.15%	$500	-	9 Month CD
0.10%	$500	-	3 Month CD
0.10%	$500	-	6 Month CD

First Federal Lakewood IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.65%	$100k	-	270 Day Jumbo IRA
0.65%	$100k	-	270 Day Jumbo Renewal IRA
0.45%	$100k	-	365 Day Jumbo IRA
0.45%	$100k	-	365 Day Jumbo Renewal IRA
0.30%	$100k	-	180 Day Jumbo IRA
0.30%	$100k	-	180 Day Jumbo Renewal IRA
0.25%	$100k	-	30 Day Jumbo IRA
0.25%	$100k	-	30 Day Jumbo Renewal IRA
0.20%	$100k	-	60 Day Jumbo IRA
0.20%	$100k	-	60 Day Jumbo Renewal IRA
0.20%	$100k	-	90 Day Jumbo IRA
0.20%	$100k	-	90 Day Jumbo Renewal IRA

Locations

First Federal Lakewood has 18 locations. Click to view all First Federal Lakewood locations.