First Federal Savings of Lorain

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.fflorain.bank

440-282-6188

3721 Oberlin Avenue
Lorain, OH 44053-2761

First Federal Savings of Lorain is headquartered in LORAIN and is the 55^th largest bank in the state of Ohio. It is also the 1,786^th largest bank in the nation. It was established in 1921 and as of December of 2024, it had grown to 74 employees at 6 locations. First Federal Savings of Lorain has a B+ health rating.

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Health

B+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	29838
Year Established	1921
Employees	74
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	-0.61%
Return on Equity - YTD	-6.21%
Annual Interest Income	$17.9MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$501.6MM$530MM
Loans	Q4 2024vs Q4 2023	$345.2MM$354MM
Deposits	Q4 2024vs Q4 2023	$414MM$420.4MM
Equity Capital	Q4 2024vs Q4 2023	$50.2MM$51.9MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$1.7MM$1.7MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$2.7MM$2.9MM
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for First Federal Savings of Lorain are currently being reviewed.

Locations

First Federal Savings of Lorain Locations
Huron Branch	107 Liberty Drive	Huron, OH 44839
1180 Park Avenue Branch	1180 Park Avenue	Amherst, OH 44001
Port Clinton Branch	1840 East Perry Street	Port Clinton, OH 43452
Sandusky Branch	207 West Washington Row	Sandusky, OH 44870
2233 East 42nd Street Branch	2233 East 42nd Street	Lorain, OH 44055
36690 Detroit Road Branch	36690 Detroit Road	Avon, OH 44011
First Federal Savings and Loan Association Of Lora	3721 Oberlin Ave	Lorain, OH 44053

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