FDIC-Insured - Backed by the full faith and credit of the U.S. Government
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Great Banking with Community Care

Reinvesting in our community since 1921.

The First Federal Savings of Lorain Story

To serve you in a friendly and knowledgeable way, to help you in achieving your banking and lending goals because they matter.

FF387

October 1921

In October of 1921, The Lake Erie Savings and Loan Company was incorporated. There was a single location at 1790 Broadway Avenue in Lorain, Ohio. In 1938 Lake Erie Savings and Loan Company was granted its Federal Charter and became known as First Federal Savings and Loan Association of Lorain.

2021 Cover Photo 4

1945-1959

In 1945 First Federal Savings and Loan Association of Lorain purchased the office located at 1946 Broadway Avenue. At the time this was the Main office.
In 1959 construction started for the new Main office, located at 3721 Oberlin Avenue. This office was opened in May 1960.

Avon

1980-1999

A third office was opened in 1980 on 42nd street in Lorain.
In 1991 First Federal Savings of Lorain acquired 3 branches in Sandusky, Huron, and Port Clinton.
The Avon office was opened in 1999.

Amherst

2006

First Federal Savings and Loan Association of Lorain. Also known as First Federal Savings of Lorain opened the Amherst location in 2006.

 

Main New

Today

First Federal Savings of Lorain has 6 branch locations and around 85 dedicated members of the First Federal Savings of Lorain team.
Michael E. Brosky is the 8th and current CEO of First Federal Savings of Lorain.

Values We Uphold

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M

Make

a difference
in communities
A

Appreciate

customers and
employees
T

Think

enthusiastically and
collaboratively
T

Tell

the truth
E

Embrace

challenges
R

Respect

each individual

Meet The Management Team

  • MBrosky Headshot

    Michael E. Brosky

    Chief Executive Officer
    Read Full Bio
  • RSmith Headshot

    Rick Smith

    Chief Financial Officer
    Read Full Bio
  • KNiemic Headshot

    Katie Niemiec

    Internal Auditor
    Read Full Bio
  • HRBrosky Headshot

    Heidi Rocker Brosky

    Chief Lending Officer
    Read Full Bio
  • SBird Headshot

    Sharon Bird

    Chief Retail Officer
    Read Full Bio
  • MStrang Headshot

    Matt Strang

    Chief Compliance Officer
    Read Full Bio
  • RSalter Headshot

    Rachael Salter

    Assistant Vice President, Underwriting
    Read Full Bio
  • LMatuszak Headshot

    Lisa Matuszak

    Assistant Vice President, Origination
    Read Full Bio
  • CZakutny Headshot

    Christine M. Zakutny

    Assistant Vice President, Controller
    Read Full Bio
  • MKinlin Headshot

    Melissa Kinlin

    Assistant Vice President, Loan Service
    Read Full Bio
  • RGarcia Headshot

    Rebecca Garcia

    Assistant Vice President, Retail
    Read Full Bio

Meet The Board of Directors

John R. Malanowski

Chairman
First Federal Savings of Lorain

Michael E. Brosky, Esq.

Chief Executive Officer
First Federal Savings of Lorain

Elaine McGuinn

Owner
Lakeside Real Estate Solutions

Kenneth A. Malanowski

President
Sprenger Health Care Systems

Michael Jaworski PT, MBA, DPT

President
Jaworski Physical Therapy, Retired

Phil R. Stammitti

Lorain County Sheriff
Lorain County Sheriff’s Office

Michael Haddix

President
A1 Management Services & Consulting
ASAP Moving and Hauling

Douglas B. Wilber

WOBL/WDLW Radio Inc., Retired