Featured Savings Rates
Featured Accounts
Overview / Commentary
216-529-2682
14806 Detroit Ave
Lakewood, OH 44107

First Federal Lakewood is headquartered in Lakewood and is the 16th largest bank in the state of Ohio. It is also the 477th largest bank in the nation. It was established in 1935 and as of December of 2016, it had grown to 376 employees at 18 locations. First Federal Lakewood has an A health rating.

Related Posts

Money Market Promo In Ohio - 1.28% For First 12 Months - 4/28/2017

Saw this promo being advertised at a Cleveland branch of First Federal Lakewood Receive 1.28% APY for the first 12 months on a new personal or business Money Market Account now until July 31, 2017. https://www.ffl.net/promotions/128mma Minimum balance to open and earn the promotional APY is $1,000. Deposit limited to $1,000,000 per household. During the first 365 days, the minimum average daily balance required to avoid a $10 monthly service fee is $1,000. After 365 days, the minimum average daily balance is $10,000 to avoid the $10 monthly service fee. customer must currently have or open a new FFL checking account. Note, they’re offering a gift when you open their Simply Free Checking Account. https://www.ffl.net/free-checking

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
FDIC Certificate #29488
Year Established1935
Employees376
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD5.41%
Annual Interest Income$50.7MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$1.63B$1.61B
LoansQ4 2016vs Q4 2015$1.33B$1.36B
DepositsQ4 2016vs Q4 2015$1.31B$1.30B
Equity CapitalQ4 2016vs Q4 2015$171.6MM$165.0MM
Loan Loss AllowanceQ4 2016vs Q4 2015$10.4MM$10.9MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$6.6MM$8.6MM
Real Estate OwnedQ4 2016vs Q4 2015$326.00K$71.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Money Market Promo In Ohio - 1.28% For First 12 Months

drew95   |  
Saw this promo being advertised at a Cleveland branch of First Federal Lakewood

Receive 1.28% APY for the first 12 months on a new personal or business Money Market Account now until July 31, 2017.

https://www.ffl.net/promotions/128mma

Minimum balance to open and earn the promotional APY is $1,000. Deposit limited to $1,000,000 per household.

During the first 365 days, the minimum average daily balance required to avoid a $10 monthly service fee is $1,000. After 365 days, the minimum average daily balance is $10,000 to avoid the $10 monthly service fee.

customer must currently have or open a new FFL checking account.

Note, they’re offering a gift when you open their Simply Free Checking Account.
https://www.ffl.net/free-checking

Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First Federal Lakewood; we are a rate comparison website and cannot provide official rates or promotions.

* 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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.