Bank · FDIC insured
First Federal Lakewood
Top CarrotA $2.9B bank headquartered in Lakewood, OH, with 21 branches in Ohio. Best rates: CDs 4.15% and savings 2.02% APY.
First Federal Lakewood Carrot Score
Carrot ScoreTop Carrot
Higher than 87% of U.S. banks and credit unions
#4 of 60 in Cleveland, OH metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About First Federal Lakewood
First Federal Lakewood is a mutual bank affiliate of First Mutual Holding Co.
As a mutual bank, it is owned by its depositors and customers rather than shareholders.
- Headquarters
- 14806 Detroit Ave, Lakewood, OH 44107
- FDIC certificate
- 29488 ↗
Branches
21 branches in Ohio
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Ohio
21 branches
Cleveland area · 19
- First Federal Savings and Loan Association of LakewoodMain office14806 Detroit Ave, Lakewood, OH 44107Directions
- Avon Branch36839 Detroit Rd, Avon, OH 44011Directions
- Walker Road Branch32812 Walker Rd, Avon Lake, OH 44012Directions
- Brunswick Branch3383 Center Rd, Brunswick, OH 44212Directions
- Chagrin Falls Branch2 E Washington St, Chagrin Falls, OH 44022Directions
- Cleveland Dave'S Midtown1929 E 61st St, Cleveland, OH 44103Directions
- Gordon Square Branch6610 Detroit Ave, Cleveland, OH 44102Directions
- 22380 Lorain Road Branch22380 Lorain Rd, Fairview Park, OH 44126Directions
- 12648 Rockside Road Branch12648 Rockside Rd, Garfield Heights, OH 44125Directions
- 26624 Lorain Road Branch26624 Lorain Rd, North Olmsted, OH 44070Directions
- Center Ridge Road Branch33701 Center Ridge Rd, North Ridgeville, OH 44039Directions
- 6160 Royalton Road Branch6160 Royalton Rd, North Royalton, OH 44133Directions
- Olmsted Branch26908 Cook Rd, Olmsted Falls, OH 44138Directions
- Crile Lake County Branch7595 Crile Rd, Painesville, OH 44077Directions
- Parma Branch5659 Broadview Rd, Parma, OH 44134Directions
- 20425 Center Ridge Road Branch20425 Center Ridge Rd, Rocky River, OH 44116Directions
- Strongsville Branch14047 Pearl Rd, Strongsville, OH 44136Directions
- 24441 Detroit Road Branch24441 Detroit Rd, Westlake, OH 44145Directions
- Westlake Branch2035 Crocker Rd, Westlake, OH 44145Directions
Mount Vernon area · 1
- First Fs & La Branch5 E Main St, Centerburg, OH 43011Directions
Columbus area · 1
- Dublin Ohio Branch6601 Dublin Center Dr, Dublin, OH 43017Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 8.37% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.44% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 0.57% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $109 | $88 | — |
- CapitalLeverage ratio8.37%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.44%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets0.57%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$109Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of First Federal Lakewood are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.