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  2. First Federal Lakewood

First Federal Lakewood

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.42%5-year CD5 Year CD Special
2.80% - Barclays 60 Month Online CDAdvertisement
0.45%1-year CD365 Day Jumbo CD
2.20% - Barclays 12 Month Online CDAdvertisement
0.25%SavingsPassbook Savings Account
1.65% - Synchrony Bank High Yield SavingsAdvertisement
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 16th largest bank in the state of Ohio. It is also the 456th largest bank in the nation. It was established in 1935 and as of December of 2017, it had grown to 389 employees at 18 locations. First Federal Lakewood's CD rates are 78% higher than the national average, and it has an A health rating.

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2-Year CD, 2.22% APY - 2/16/2018

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Reviews (1)

Very low limit on daily ATM transactions

Posted by: SincereKeeper | Nov 6, 2017

This bank has mostly met my needs. The mobile experience is surprisingly good for a small, local bank. I do, however, dislike the low amount that you can withdraw from ATMs each day. You can only withdraw $200 a day, which has been an inconvenience to me many times.

1


Health
A

Data as of Q4 2017

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #29488
Year Established1935
Employees389
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.54%
Return on Equity - YTD5.26%
Annual Interest Income$54.2MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$1.78B$1.63B
LoansQ4 2017vs Q4 2016$1.48B$1.33B
DepositsQ4 2017vs Q4 2016$1.41B$1.31B
Equity CapitalQ4 2017vs Q4 2016$178.3MM$171.4MM
Loan Loss AllowanceQ4 2017vs Q4 2016$6.7MM$10.4MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$5.4MM$6.6MM
Real Estate OwnedQ4 2017vs Q4 2016$459.00K$326.00K
Rates
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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

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 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
2.42%$500-5 Year CD Special
2.27%$500-4 Year CD Special
2.22%$500-2 Year CD Special
2.12%$500-Jump Rate CD
1.96%$500-3 Year CD Special
1.65%$500-18 Month CD Special
1.60%$500-1 Year CD Special
0.65%$100k-270 Day Jumbo Renewal CD
0.65%$100k-270 Day Jumbo CD
0.50%$250-6 Month Direct Save CD
0.45%$100k-365 Day Jumbo Renewal CD
0.45%$100k-365 Day Jumbo CD
0.30%$100k-180 Day Jumbo Renewal CD
0.30%$100k-180 Day Jumbo 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
Locations

Availability



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