Featured Savings Rates
Featured Accounts

First Federal Savings of Lorain

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.10%1-year CD1 Year CD
0.04%SavingsStatement Savings
0.30%3-year CD2.5 Year CD

Overview / Commentary
440-282-6188
3721 Oberlin Avenue
Lorain, OH 44053

First Federal Savings of Lorain is headquartered in Lorain and is the 50th largest bank in the state of Ohio. It is also the 1,666th largest bank in the nation. It was established in 1921 and as of March of 2017, it had grown to 97 employees at 7 locations. First Federal Savings of Lorain has a B+ health rating.

Reviews

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



Health
B+

Health Grade Components

Overall
FDIC Certificate #29838
Year Established1921
Employees97
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.36%
Return on Equity - YTD2.42%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$420.0MM$422.9MM
LoansQ1 2017vs Q1 2016$263.9MM$262.8MM
DepositsQ1 2017vs Q1 2016$354.3MM$355.5MM
Equity CapitalQ1 2017vs Q1 2016$63.3MM$64.5MM
Loan Loss AllowanceQ1 2017vs Q1 2016$2.3MM$2.5MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$9.4MM$11.5MM
Real Estate OwnedQ1 2017vs Q1 2016$1.5MM$1.2MM
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First Federal Savings of Lorain; 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 Savings of Lorain Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.08%--1st E-Advantage
0.06%--Christmas Club Savings
0.04%--Statement Savings
0.04%--Kids Club Savings
0.02%--IRA Savings

First Federal Savings of Lorain Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.08%*$2,500*-Insured Money Market Fund
OTHER TIERS: 0.03% $100 - $2,500

First Federal Savings of Lorain Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.08%$250-1st Classic Advantage: eStatement
0.03%$100-NOW Checking Account
0.02%$250-1st Classic Advantage: Paper Statement

First Federal Savings of Lorain CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.90%$250-52 Month CD Special
1.00%$250-3 Year CD
1.00%$250-36 Month CD Special
0.90%$250-28 Month CD Special
0.70%$250-19 Month CD Special
0.30%$250-2.5 Year CD
0.30%$250-4 Year CD
0.30%$100k-2+ Year Jumbo CD
0.30%$250-15 Month CD Special
0.25%$250-2 Year CD
0.25%$100k-1-2 Year Jumbo CD
0.15%$250-1.5 Year CD
0.10%$250-1 Year CD
0.10%$100k-271-365 Day Jumbo CD
0.08%$250-182 Day CD
0.08%$100k-90-179 Day Jumbo CD
0.08%$100k-180-270 Day Jumbo CD
0.03%$250-91 Day CD

First Federal Savings of Lorain IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$250-3 Year IRA
0.30%$250-2.5 Year IRA
0.30%$250-4 Year IRA
0.30%$100k-2+ Year Jumbo IRA
0.25%$250-2 Year IRA
0.25%$100k-1-2 Year Jumbo IRA
0.15%$250-1.5 Year IRA
0.10%$250-1 Year IRA
0.10%$100k-271-365 Day Jumbo IRA
0.08%$250-182 Day IRA
0.08%$100k-90-179 Day Jumbo IRA
0.08%$100k-180-270 Day Jumbo IRA
0.03%$250-91 Day IRA
Locations


First Federal Savings of Lorain Locations
Huron Branch107 Liberty DriveHuron, OH 44839
1180 Park Avenue Branch1180 Park AvenueAmherst, OH 44001
Port Clinton Branch1840 East Perry StreetPort Clinton, OH 43452
Sandusky Branch207 West Washington RowSandusky, OH 44870
2233 East 42nd Street Branch2233 East 42nd StreetLorain, OH 44055
36690 Detroit Road Branch36690 Detroit RoadAvon, OH 44011
First Federal Savings and Loan Association Of Lora3721 Oberlin AvenueLorain, OH 44053