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First Federal Savings And Loan Association Of Lakewood

Lakewood, OH · Est. 1935 · Website ↗
B
Trust Grade
Strong
Score: 89/100

First Federal Savings And Loan Association Of Lakewood is a bank based in Lakewood, Ohio, established in 1935, with $2.9 billion in total assets across 20 branches. By Trust Grade it ranks 118th of 157 banks we track in Ohio. Its capital ratio of 7.9% trails most similarly sized banks (9th percentile), versus a Ohio median of 10.3%. It was profitable over the most recent period, with a 0.88% return on assets. No consumer complaints against First Federal Savings And Loan Association Of Lakewood appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$2.9B
$1B–10B institution
Deposits
$2.2B
Branches
20
Capital ratio
7.9%
Bottom 9% of $1B–10B peers · Ohio median 10.3%
Return on assets
0.9%
Bottom 25% of $1B–10B peers · Ohio median 0.93%
Rank in Ohio
#118
of 157 banks

How First Federal Savings And Loan Association Of Lakewood compares to Ohio peers

Capital ratio
Bottom 9% of $1B–10B peers
First Federal
7.9%
Ohio median
10.3%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 25% of $1B–10B peers
First Federal
0.9%
Ohio median
0.9%
Higher ROA = more profitable relative to asset base

How we graded First Federal Savings And Loan Association Of Lakewood

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
89/100
Customer experience
n/a
Overall
B · 89
  • Well-capitalized (7.9% capital ratio)
  • Profitable (ROA 0.88%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for First Federal Savings And Loan Association Of Lakewood over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (20)

  • 12648 Rockside Rd, Garfield Heights, OH 44125
  • 6160 Royalton Rd, North Royalton, OH 44133
  • 3383 Center Rd, Brunswick, OH 44212
  • 20425 Center Ridge Rd, Rocky River, OH 44116
  • 22380 Lorain Rd, Fairview Park, OH 44126
  • 33701 Center Ridge Rd, North Ridgeville, OH 44039
  • 24441 Detroit Rd, Westlake, OH 44145
  • 26624 Lorain Rd, North Olmsted, OH 44070
  • 32812 Walker Rd, Avon Lake, OH 44012
  • 5659 Broadview Rd, Parma, OH 44134
  • 14806 Detroit Ave, Lakewood, OH 44107
  • 14047 Pearl Rd, Strongsville, OH 44136
  • 26908 Cook Rd, Olmsted Falls, OH 44138
  • 2035 Crocker Rd, Westlake, OH 44145
  • 7595 Crile Rd, Painesville, OH 44077
  • 36839 Detroit Rd, Avon, OH 44011
  • 2 E Washington St, Chagrin Falls, OH 44022
  • 6610 Detroit Ave, Cleveland, OH 44102
  • 1929 E 61st St, Cleveland, OH 44103
  • 6601 Dublin Center Dr, Dublin, OH 43017

Are deposits at First Federal Savings And Loan Association Of Lakewood insured?

Yes. First Federal Savings And Loan Association Of Lakewood is an FDIC-insured bank (FDIC certificate #29488). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

First Federal Savings And Loan Association Of Lakewood: frequently asked questions

Is First Federal Savings And Loan Association Of Lakewood a good bank?

First Federal Savings And Loan Association Of Lakewood earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Well-capitalized (7.9% capital ratio); Profitable (ROA 0.88%).

Is First Federal Savings And Loan Association Of Lakewood FDIC-insured?

Yes. First Federal Savings And Loan Association Of Lakewood is a FDIC-insured bank (FDIC certificate #29488). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is First Federal Savings And Loan Association Of Lakewood?

First Federal Savings And Loan Association Of Lakewood holds $2.9 billion in total assets, ranking 118th of 157 banks we track in Ohio. It operates 20 branches.

Does First Federal Savings And Loan Association Of Lakewood have CFPB complaints?

No CFPB complaints against First Federal Savings And Loan Association Of Lakewood appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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