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 3/11/2026

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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

Explore our Enhanced Business Online and Mobile Banking Services

Put the latest technology at your fingertips with our new Online Banking features for businesses. Whether in the office or on the go, you’ll stay connected to your business finances.

Download the new Mobile Banking app

Our upgraded mobile app makes banking on the go efficient and secure. Access your accounts whenever, wherever.

Resources

Measuring the ROI of Your Marketing Budget

These days, small businesses are under more pressure to prove ROI or return on investment of their marketing budgets. That means marketers have to track performance through more than site…

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…

Keeping Your Business & Personal Finances Separate

Every accountant will tell you the same thing: always keep your business and personal expenses separate. Also, each small business owner or one-person operation will nod her head and agree…

Extending Credit To Your Customers

The marketplace is competitive. Prospective customers expect you to extend credit to them. However, is it the right decision for your business? Offering credit to your customers has its pros…

Training and Educating Employees

Employees who are well-trained are an asset to any business. In a poor economy, unfortunately, the training budget for a business is often the first thing to go. Although eliminating…

Laws and Local Ordinances That Impact Your Business

Zoning laws play a major role in where you set up and conduct your business. Being aware of what is in force in your area will save you money and…

Calculate Your Email Marketing ROI

Email marketing has become a popular and cost-effective method for reaching prospects and generating revenue. Like any marketing expense, its important to understand the return that you’re making on such…