FDIC-Insured - Backed by the full faith and credit of the U.S. Government
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Christmas Club

Save for the holidays

 

Set your Holiday spending goal

Reduce your stress during the holidays by saving throughout the year

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Only $1 to open

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Save at your own pace

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Funds automatically transferred to a FFSL account in October

What To Prepare & Expect

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Account Information

  • $1 minimum balance required to open
  • Daily minimum balance to earn interest $10
  • Gift at account opening
  • No monthly service charge
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Documents Needed

  • Unexpired government issued photo ID
  • Social Security Card
  • Proof of addresss
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Rates and Other Information

  • Interest earned for every day during the period that your account equals or exceeds the minimum daily balance requirement.
  • The accrued interest is compounded to the account at the end of the current Christmas Club period.
  • Christmas Club balance must be transferred into a First Federal checking or savings account.

Open Your Bank Account in 3 Easy Steps

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1

Request To Open Your Account

by filling out our form below

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2

Visit Your Local Branch

to complete the opening process

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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.

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    View balance information
  • icon-square-id-card
    Review detailed account activity
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    Transfer funds between your Accounts
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    Pay bills
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    Find an ATM or branch near you
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    Manage you card- lock and unlock your card
  • icon-square-user
    Set up and manage travel plans
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first federal savings of lorain mobile app

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

Log into online banking

If you do not have online banking, you will need to enroll first: visit our E-Statements page

New Users to online banking continue with these steps after enrollment

  • Click account tab
  • Click documents
  • A new window opens
  • Click yes
  • Review agreement and select I agree
  • For more detailed directions visit our E-Statements page

First Federal Savings of Lorain’s routing number is 241271342