Community Is Our Community
Safe · Secure · Sound
Since 1921, we at First Federal Savings of Lorain have committed our association to providing the communities we serve with the very best products and services possible. Throughout the years we have never strayed from our original mission of providing affordable home ownership and a safe harbor for your life savings.
· Local Ownership and Management - We know our customers and they know us. Sound financialdecisions are made by Management that live and work in the same community as you do.
· Local Experience - Our Local Management team has a total of over 160 years of financial experience. All at First Federal Savings of Lorain.
· Local Mortgage Loans - We make loans to you and your neighbors. The same neighbors who also deposit their hard earned money with us to lend out to you to build or buy your dream home. In fact 92% of our mortgage loan portfolio is in residential property - loans we own and service. Our loans have been and continue to be documented with asset, liquidity, income and expenseinformation. Credit reports are carefully reviewed by an underwriter.
· Well Capitalized - Our minimum Federal Core Capital requirements are $16,100,000. As of June 30, 2009 our Core Capital was $57,900,000, which is over 3 1/2 times the minimum requirement.
· FDIC Insurance - Your deposits are insured by the federal government for up to at least $100,000.
· Our Employees belong to and volunteer their time to over 140 different local community organizations. Giving back is one way to show our appreciation to you, our customers, and to the communities who have supported us these last 89 years.
We Care Because…
Your Community, is Our Community
Friday,
July 30, 2010
10:34 pm / 72 ° F
| Main Office: | 440-282-6188 |
| Amherst: | 440-984-4009 |
| Homewood: | 440-277-5809 |
| Avon: | 440-934-3340 |
| Huron: | 419-433-2437 |
| Sandusky: | 419-626-5576 |
| Port Clinton: | 419-734-5568 |
| Toll Free: | 800-589-8850 |
| Email: |
