Why Choose First Federal Lakewood

As we help you with your banking needs and grow together, we’re proud to be part of your community.

Careers

Our employees are valued, respected, and their voices are heard.

Community Impact

Our commitment to our neighbors has been setting us apart since 1959.

Management Team

Their experience and dedication provide strategic direction for today — and tomorrow.

Board of Directors

Our Board of Directors ensures we are fiscally sound and focused on your needs.

Account Rates

Here’s some rates for our new product

As of 6/18/2026

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TypeAPYInterest RateMinimum BalanceDisclosures
Direct Interest Checking0.05%0.05%

Disclosure

Advantage 50 Interest Checking0.05%0.05%

Disclosure

Preferred Interest Checking

Balances under $1,500 – 0.05%;

Balances $1,500 or more – 0.10%

Balances under $1,500 – 0.05%;

Balances $1,500 or more – 0.10%

Yes

Disclosure

*Interest rates are subject to change. Fees could reduce earnings.

Here’s some disclosure

Cross Sells

See how we helped John and Deborah open their dream business

Get ready to grow your business

When you need funds to buy new equipment, hire more staff or expand your offerings, we’re here. With various lending options, you’ll find the loan that best fits your needs.

Resources

Choosing the Right Name for Your Business Account

So, you’re starting a new business? Congratulations! You’ve probably already chosen a great name, but have you thought about how that name will appear on your bank account? Titling your…

Optimize Your Sales Pipeline

What is it going to take to make your business successful and reach your sales goals? Understanding the metrics that drive your sales initiatives will help you understand the effort…

Leasing Space for Your Business

One of the biggest expenses many businesses have to deal with is the cost of leasing space for their business. Getting familiar with what the lease covers and which sections…

Selling Your Products Online

If you’re contemplating selling products online for the first time, there are some things to consider and decisions to be made. First, due to the ongoing pandemic, there has been…

Running a Virtual Company

Operating a business on a virtual basis is quickly gaining in popularity. Although running a virtual company can be attractive to small business owners, they still need to understand that…

Effective Employee Communications

Today, more so than any other time, businesses focus heavily on engaging customers, the media, investors, community members, and analysts — or some combination of them. But with so much…

Attracting and Retaining Quality Employees

As a business owner, it is essential that you attract good employees. Likewise, you’ll also want to retain them as more knowledgeable, experienced, and skilled employees likely means increased profits.…