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.

Some product features

Here’s some features of the product

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Additional Resources

Foreclosure Prevention

Our goal is to keep you in your home, foreclosure will only be considered after all other options have been exhausted. We want you to have the facts about your…

What’s the Deal with Timeshares?

A timeshare offers regular access and partial ownership to a condo, resort, or vacation property. Resort rooms and timeshare units are usually situated at popular travel destinations, like mountains, beaches,…

Buying a Vacation Home

It is something many families dream of: Owning a small cottage by the lake, a cabin in the mountains, or a beach bungalow they can visit on long weekends, during…

Getting Rid of Private Mortgage Insurance

When purchasing a standard mortgage from a private lender, you may be required to purchase private mortgage insurance (PMI). However, PMI can be costly, usually charging you around 0.5% to…

Calculate a Mortgage Payment

Repayment of a mortgage loan requires that the borrower make a monthly payment back to the lender. That monthly payment includes both repayment of the loan principal, plus monthly interest…

Buying vs Renting a Home

Does it make more sense to rent than to buy? That has been a long-running debate in this country. However, the question is flawed: There is no correct answer. There…

Home Equity Loan or Line of Credit?

Home equity lines of credit often have more flexible repayment terms than a standard home equity loan. Home equity loan payments are typically fixed over the repayment period, while home…