It is a vision of Ben and Gerome Stefanski who obtained a charter for Third Federal Bank in 1938. During the World War II, they opened it with $50,000 in assets, headquartered at 7007 Broadway. In the first decade on its 10th Anniversary its assets see a stupendous growth in assets to $9.7 million. Its first branch was opened in Brecksville. In 1982 it surpasses $1 billion in assets and in 1987 it became the leader of Ohio in Home Mortgage Loans. Finally in 2007, it has become public and establishes ESOP for associates and foundation for charitable donations. These big achievements of Third Federal have become possible by winning the love and trust of its customers and maintaining its commitment to excellence.
Its deposit products like Certificates of Deposit provides a good investment opportunity. On opening it with $500 you can choose the length of maturity and interest rates from the below options:
6 Months CD earns 3.00% APY
12 Months CD earns 3.25% APY
18 Months CD earns 3.50% APY
24 Months CD earns 3.75% APY
30 Months CD earns 4.00% APY
36 Months CD earns 4.25% APY
48 Months CD earns 4.50% APY
60 Months CD earns 4.75% APY
72 Months CD earns 5.00% APY
*Rates have been noted as on June 24, 2008.
@ Interest is compounded quarterly.
@ Your funds are FDIC insured.
You can open an account online, by phone or by visiting one of our branch locations.
Third Federal has maintained its growth record for past six decades. You can easily fall back on it for your financial needs.