About Third Federal Savings and Loan Association
Third Federal Savings and Loan Association was established in May 1938 during the Great Depression. Initially, its customers were primarily Eastern European immigrants living in Cleveland, Ohio, but as the bank grew and opened new branches, it began serving communities in the surrounding suburbs. By its 25th anniversary, the savings and loan association had more than 65,000 customers.
Today, Third Federal Savings serves hundreds of thousands of customers nationwide and offers mortgage loans in nearly half of the states. It’s one of the largest financial institutions in Ohio and is still headquartered in Cleveland. In addition to offering first and second mortgages, Third Federal Savings provides consumers with the opportunity to refinance, open bank accounts and start saving for retirement.
You’ll love Third Federal Savings & Loan Association if you’re looking for a smaller bank that offers high-yield CDs. However, if you would prefer a more digitally innovative bank or credit union, you’ll likely pass on an account at this bank.