FDIC-Insured - Backed by the full faith and credit of the U.S. Government
High Interest, Variable
Terms
Maximize your earnings with competitive interest rates
Competitive Interest Rates
Guaranteed Returns
Low Risk
What To Prepare & Expect
Account Information
- Earn a high fixed interest rate
- $250 daily minimum balance to open and earn interest
Documents Needed
- Unexpired government issued photo ID
- Social Security Card
- Proof of address
Rates and Other Information
- Receive a reminder maturity notice
- 7 day grace period after maturity
- Interest is compounded every quarter and then added to your CD account
Account Disclaimers and Fees
Open Your Bank Account in 3 Easy Steps
1
Request To Open Your Account
by filling out our form below
2
Visit Your Local Branch
to complete the opening process
3
Add the initial deposit
and start using your new account
Bring Your Community Bank Wherever You Are
Do all your banking from the palm of your hand.
-
View balance information -
Review detailed account activity -
Transfer funds between your Accounts -
Pay bills -
Find an ATM or branch near you -
Manage you card- lock and unlock your card -
Set up and manage travel plans
Frequently Asked Questions
Your account balance can be found in the mobile banking app, online banking, or by calling our Touchtel telephone banking at 440-282-2961
First Federal Savings of Lorain’s routing number is 241271342
Your full account number can be obtained in the mobile banking app. Login, click the account you want to see the number for, at the top click the icon next to the last four digits of your account and the full account number will be displayed.