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 9/15/2026

/wp-content/uploads/sites/2/2023/10/20-0247-RET-1-Business-Online-Agreement.pdf
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

Find the mortgage that fits your needs.

Buying a home is exciting — and scary. Choose from one of our multiple loan options featuring competitive rates. Our Mortgage Loan Originators give you personalized advice and walk you through the process.

Resources

Determine Your Working Capital Requirements

Working capital is the amount you have remaining when current liabilities are subtracted from current assets. Whether a business has enough working capital is measured by the ‘current ratio’, or…

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…

Organization Structures

How you legally structure your business affects your tax status and your liability. It has a significant impact on how investors, banks, and credit unions perceive your worth. So taking…

Managing Your Inventory

Selling products or goods to customers is the reason many companies are in business. To be successful, that means you must have the products on hand for them to purchase.…

Accounts Receivable Analysis

Accounts receivable are monies owed to your business for goods or services delivered to a customer, but not yet paid for. Successful businesses collect money that is owed to them…

Compensation Basics

Compensation is the combination of salaries, wages and benefits that employees receive in exchange for them doing a particular job. It can include an annual salary or hourly wages combined…

Hiring Your First Employee

As the owner of a small business, you know the importance of avoiding unnecessary costs. Because of this, you may have chosen to operate your business on your own during…