First Federal Lakewood
in the United States 🇺🇸
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About First Federal Lakewood in the United States
First Federal Lakewood is a community-focused mutual savings bank serving Northeast and Central Ohio. With approximately $2.9 billion in assets and 20 full-service branches, the bank provides personal and business banking services throughout Cuyahoga, Lorain, Medina, Summit, Lake, Wood, and Franklin counties. First Federal Lakewood is the largest depositor-owned community bank headquartered in Ohio.
As a mutual bank, First Federal Lakewood is owned by its depositors and borrowers rather than outside shareholders. This unique structure allows the bank to focus on meeting customer financial needs and reinvesting profits into the communities it serves rather than maximizing returns for external investors.