Bank · FDIC insured
First Federal Lakewood CD Rates
Top CarrotFirst Federal Lakewood’s best CD rate is 4.15% APY on a 3-year CD. Terms run from 3 months to 5 years. Rates checked October 16, 2026.
How First Federal Lakewood’s CD rates compare
Compared with banks and credit unions near Cleveland, OH, where First Federal Lakewood has the most branches. $10,000, best rate first.
This bank’s best
First Federal Lakewood
4.15%APY
- Term
- 36 months
- Requires
- None
- Minimum
- $500
- Earns on $10,000
- $1,297
36-Month CD Special
Top rate
7 17 Credit Union
4.75%APY
- Term
- 60 months
- Requires
- None
- Minimum
- $500
- Earns on $10,000
- $2,612
2nd-highest rate
First Federal Savings of Lorain
4.60%APY
- Term
- 35 months
- Requires
- Another account
- Minimum
- $250
- Earns on $10,000
- $1,402
First Federal Lakewood CD score
89
CD score
Higher than 85% of U.S. banks and credit unions
- 3–8 months3–8 mo3.60%
- 9–15 months9–15 mo4.00%
- 16–30 months16–30 mo4.05%
- 31–60 months31–60 mo4.15%
- QualifiedQualified4.15%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where First Federal Lakewood ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
36-Month CD Special
4.15%APY · 1 term
Promotional rates available for new money only (money not currently on deposit with the bank). Automatically renews at maturity for a term of 36-months. Funds must remain on deposit for the term. Early withdrawal penalty may apply. Fees could reduce earnings. Available for a limited time and subject to change without notice.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 36 monthsPromotional rate available for new money only (money not currently on deposit with the bank). Automatically renews at maturity for a term of 36-months. Funds must remain on deposit for the term. Early withdrawal penalty may apply. Fees could reduce earnings. Accurate as of 07/23/2026 | 4.15% | $1,297 |
24-Month CD Special
4.05%APY · 1 term
Promotional rates available for new money only (money not currently on deposit with the bank). Automatically renews at maturity for a term of 24-months. Funds must remain on deposit for the term. Early withdrawal penalty may apply. Fees could reduce earnings. Available for a limited time and subject to change without notice.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 24 monthsPromotional rate available for new money only (money not currently on deposit with the bank). Automatically renews at maturity for a term of 24-months. Funds must remain on deposit for the term. Early withdrawal penalty may apply. Fees could reduce earnings. Accurate as of 07/23/2026 | 4.05% | $826 |
9-Month CD
4.00%APY · 1 term
Early withdrawal penalties may apply. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 9 monthsEarly withdrawal penalties may apply. Fees could reduce earnings | 4.00% | $299 |
48-Month CD
3.75%APY · 1 term
Early withdrawal penalties may apply. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 48 monthsEarly withdrawal penalties may apply. Fees could reduce earnings | 3.75% | $1,587 |
13-Month CD Special
3.60%APY · 1 term
Promotional rates available for new money only (money not currently on deposit with the bank). Automatically renews at maturity for a term of 12-months. Funds must remain on deposit for the term. Early withdrawal penalty may apply. Fees could reduce earnings. Available for a limited time and subject to change without notice.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 13 monthsPromotional rate available for new money only (money not currently on deposit with the bank). Automatically renews at maturity for a term of 12-months. Funds must remain on deposit for the term. Early withdrawal penalty may apply. Fees could reduce earnings. Accurate as of 07/23/2026 | 3.60% | $391 |
3-Month CD Special
3.60%APY · 1 term
Promotional rates available for new money only (money not currently on deposit with the bank). Automatically renews at maturity for a term of 3-months. Funds must remain on deposit for the term. Early withdrawal penalty may apply. Fees could reduce earnings. Available for a limited time and subject to change without notice.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsPromotional rate available for new money only (money not currently on deposit with the bank). Automatically renews at maturity for a term of 3-months. Funds must remain on deposit for the term. Early withdrawal penalty may apply. Fees could reduce earnings. Accurate as of 05/12/2026 | 3.60% | $89 |
6-Month CD Special
3.60%APY · 1 term
Promotional rates available for new money only (money not currently on deposit with the bank). Automatically renews at maturity for a term of 6-months. Funds must remain on deposit for the term. Early withdrawal penalty may apply. Fees could reduce earnings. Available for a limited time and subject to change without notice.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsPromotional rate available for new money only (money not currently on deposit with the bank). Automatically renews at maturity for a term of 6-months. Funds must remain on deposit for the term. Early withdrawal penalty may apply. Fees could reduce earnings. Accurate as of 05/12/2026 | 3.60% | $178 |
60-Month CD
2.32%APY · 1 term
Early withdrawal penalties may apply. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 60 monthsEarly withdrawal penalties may apply. Fees could reduce earnings | 2.32% | $1,215 |
36-Month CD
0.40%APY · 1 term
Early withdrawal penalties may apply. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 36 monthsEarly withdrawal penalties may apply. Fees could reduce earnings | 0.40% | $120 |
24-Month CD
0.35%APY · 1 term
Early withdrawal penalties may apply. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 24 monthsEarly withdrawal penalties may apply. Fees could reduce earnings | 0.35% | $70 |
12-Month CD
0.30%APY · 1 term
Early withdrawal penalties may apply. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 monthsEarly withdrawal penalties may apply. Fees could reduce earnings | 0.30% | $30 |
18-Month CD
0.30%APY · 1 term
Renewal Term is 18 months. Early withdrawal penalties may apply. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 18 monthsRenewal Term is 18 months. Early withdrawal penalties may apply. Fees could reduce earnings | 0.30% | $45 |
DirectSave CD
0.20%APY · 1 term
Requires automatic deposits from a First Federal Lakewood checking account. At least one electronic deposit per month, $25 minimum, is required. Practical 6-month term with automatic renewal when the account matures. Early withdrawal penalties may apply. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsRequires at least one electronic deposit per month ($25 minimum) from a First Federal Lakewood checking account. Automatic renewal at maturity. Early withdrawal penalties may apply. Fees could reduce earnings | 0.20% | $10 |
6-Month CD
0.15%APY · 1 term
Early withdrawal penalties may apply. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsEarly withdrawal penalties may apply. Fees could reduce earnings | 0.15% | $7 |
3-Month CD
0.10%APY · 1 term
Early withdrawal penalties may apply. Fees could reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsEarly withdrawal penalties may apply. Fees could reduce earnings | 0.10% | $2 |
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.