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

Using the Equity in Your Home

Ready to test your knowledge? You’ll have ten multiple choice questions to answer. Click on each question to reveal the question and multiple choice answers. After you’ve completed answering all…

Buying a Home with a Friend

Buying a home can be a wise financial decision because it allows you to make an investment rather than spending money on rent each month and getting nothing to keep…

Should You Refinance Close to Retirement?

Low-interest rates make refinancing attractive to many homeowners. It can help you lower monthly payments, and you can use the extra money for many things. However, if you are approaching…

Should You Refinance Into a Shorter Term Mortgage?

When mortgage rates are high — and in December 2022, the rate for a 30-year mortgage loan was at 6.27 percent, while the 15-year fixed-rate mortgage loan was at 5.52…

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…

Saving for a Down Payment on a Home

Owning a home instead of renting is often a wise financial move. It allows you to reduce your overall monthly costs while you build equity in real property. The biggest…

Winterizing Your Home: Protecting Your Investment

Winter is fast approaching and with it comes the tendency for many people to hibernate until spring. While you can escape the elements by staying indoors, your home is constantly…