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 9/22/2026

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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

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Resources

Reasons to choose a health savings account for your employees.

The number of companies offering their employees a Health Savings Account (HSA) continues to grow. With plenty of advantages for both employers and employees, implementing an HSA – if your…

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…

Projecting Your Cash Flow

Even if a business is profitable, it might fail because it isn’t generating enough cash flow. Money that is tied up in inventory and receivables isn’t available to help the…

Purchase or Lease Equipment

Does it make better sense to buy or lease a new piece of equipment? That depends on a number of factors, such as the residual value of the equipment you…

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…

Maintaining a Work/Life Balance

Maintaining a balance between your work life and personal life was a lot easier in earlier times it seems. Today, however, maintaining this balance is not as simple, since work…

Managing Vendor Relationships

You need your suppliers. They need you as well. It is a win-win relationship between you and your vendors. However, it takes effort; it does not just happen. Managing your…