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Complaint Details
Note that complaint text that is displayed might not represent all complaints filed with BBB. See details.
Initial Complaint
07/11/2023
- Complaint Type:
- Sales and Advertising Issues
- Status:
- Answered
We have an offer accepted on our new house Sunday 7/9 I work back with ***** ******* on Monday 7/10. Explain that my rate lock with Third Federal expires at 4pm Monday 7/10 and I need to make a decision. 3. ***** states that he will work with his management to try to obtain a better rate for me the morning of Monday 7/10. 4. ***** texts me at 2:53pm Monday 7/10 saying that he can get the rate to 7.0% with no points and no appraisal (reference attached image). 5. On Monday 7/10, I asked ***** about if an escrow will be needed and called *****. Over the phone call, I explained that I would like to lock the 7.0% rate and will forgo my rate with Third Federal which expires at 4pm Monday 7/10. 6. I called my realtor and had my realtor send the purchase agreement to ***** Monday 7/10 at 3:30pm. 7. At 5:30pm on Monday 7/10 I asked ***** what my APR is and if he has heard back on if I need to do the escrow (the 7.0% rate was considered locked but we were figuring out if I need to do an escrow). 8. I text ***** Tuesday 7/11 at 10:42 AM asking for an update on the escrow. ***** ******* states that he has bad news and will call me. 9. ***** calls me and states that he entered my information in the wrong system yesterday and that he cannot honor 7.0% anymore. I ask to speak to his manager, and he says that he will text me his manager's email. I never received his manager's email. 10. I called the main office of First Federal and asked for *****'s boss name. I am informed that it is ******* ****** and they transfer me to *******. I leave a voicemail stating my concerns. 11. ******* ****** calls me back at 12:43pm on Tuesday 7/11 asking me to summarize what happened. I summarize the events and ******* ****** states that ***** ******* never brought up coming down to 7.0% the day before and that offer was never on the table. ******* ****** asks me to send proof of communication between ***** ******* and myself and he will get back with me on the best rate that can be offered.Business response
07/19/2023
Please see attached response to complaint ID: ********.Initial Complaint
05/02/2023
- Complaint Type:
- Billing Issues
- Status:
- Answered
I have been asking a copy of all transactions of my closed mortgage account but this bank has not provided me the information yet.Customer response
05/08/2023
Better Business Bureau:
I have reviewed the response made by the business in reference to complaint ID ********, and have determined that this does not resolve my complaint. For your reference, details of the offer I reviewed appear below.
[To assist us in bringing this matter to a close, we would like to know your view on the matter.]
Regards,
Ben Allen
Business response
06/13/2023
May 4, 2023
Better Business Bureau
200 Treeworth Blvd.
Broadview Hts., OH 44147
RE: Complaint ID ********
First Federal Lakewood has been made aware of a complaint to the Better Business Bureau, the compliant ID is
referenced above.
The customer and his former spouse had a case in Domestic Relations Court and both parties often contacted First
Federal Lakewood to dispute what the other party was doing as it pertained to the account in question. As such, our
legal counsel advised us that if either party contacted us, we should refer them to their Domestic Relations Court
legal representatives. The customer contacted our Customer Relationship Center by phone on 5/13/2022 requesting
details of the loan payoff transaction and who authorized the transaction since he had not. He was advised to contact
either his or his former spouse’s attorney with any questions. We have no record of any subsequent requests for
information.
Respectfully,
****** *********
Director of Consumer and Residential Loan Administration
***** ******** ******************Initial Complaint
11/18/2022
- Complaint Type:
- Service or Repair Issues
- Status:
- Resolved
I used an ATM at first federal of lakewood that capital one told me i could use to deposit money into my capital one card and there was an error with the first federal of lakewood machine and it ate my money and it didn’t load it onto my account, capital one is refusing to give me my money back and saying my issue lies with first federal of lakewood. And first federal of lakewood didn’t respond when they tried to reach out. I want my $230 back, the bank even told me they could see their atm was over.Business response
11/29/2022
Good afternoon,
Please see attached response to complaint ID #********.
Thank you
First Federal Lakewood
Customer response
11/30/2022
[A default letter is provided here which indicates your acceptance of the business's response. If you wish, you may update it before sending it.]
Better Business Bureau:
I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.
Regards,
**** **********
Business response
11/30/2022
To Whom It May Concern;
A review has been conducted on the above noted complaint received by First Federal Lakewood. Due to the
fact that this individual was not a customer of First Federal Lakewood, she was informed to contact her bank
to dispute the transaction. A service representative from her bank contacted First Federal Lakewood in
January 2022 and was advised of the standard network process to be followed for debit card disputes. We will
reach out to the individual to provide resolution.Sincerely,
***** ********
SVP, Director of Bank OperationsInitial Complaint
11/18/2022
- Complaint Type:
- Billing Issues
- Status:
- Answered
First Federal Lakewood withdrew my mortgage payment 3 times in one month without my authorization to do so. The have failed to resolve the matter and provide me with the accurate refund. I am a small business owner who is now unable to operate because of this unethical action. I have been trying to resolve this issue for 16 days, and have not resolved it yet. I am incredibly disappointed in their business practices and would like a full refund immediately. The people who were originally helping we are now avoiding my calls, and it is very apparent that the departments within this institution do not have seamless communication.Business response
11/22/2022
Good afternoon,
Please see response to complaint ID #********.
Business response
11/22/2022
To Whom It May Concern;
A review has been conducted on the above noted complaint received by First Federal Lakewood.
The customer did submit duplicate payments to their mortgage this month, the duplicate payment
was returned to the customer upon their request. In an attempt to expedite the return of the
duplicate payment, an error was made that resulted in a third payment posting to the loan without
the customer’s authorization. We sincerely apologize for this error and the funds have since been
returned to the customer.Should you have any further questions, please contact me directly at ************ or
*******************Sincerely,
****** *********
VP, Loan Service ManagerInitial Complaint
07/13/2022
- Complaint Type:
- Billing Issues
- Status:
- Resolved
On June 29, 2022, my home sale closed and my mortgage with First Federal Lakewood (FFL) was paid off. On July 6th, First Federal of Lakewood deducted my account for auto payment for $1,231.91 after my mortgage account was closed. I called FFL on Friday, July 8th to report the error and was told it was my responsibility to cancel my autopay, even though every other responsible company out there who takes auto payments has intelligent algorithims in place to not accept auto payments against zero balances and closed accounts. Not this stupid bank! I canceled the auto payment on 7/8/22 while on the phone with customer service and was told I would receive back my money in 3-5 days. I called for a second time today, July 13th, because FFL still has not returned the $1,231.91 to my bank account. I spoke with Tracy and she could not help me or give me another number to call to get assistance in this matter.Business response
07/19/2022
Please see our response to the complaint attached to this communication.Business response
07/22/2022
On July 19th, 2022 the complainant visited the First Federal Lakewood (FFL) branch located in Lakewood OH and
alerted a branch representative that they had not received reimbursement for an overpaid residential mortgage
loan.FFL had sent the reimbursement via ***** and was delivered on July 19th, 2022 at 11:53 a.m. to the customer
address on record. The customer instructed the branch representative to update their current address, and the
address was updated.FFL has placed a stop payment and reissued the check which will be sent via overnight *****.
A FFL agent reached out to the borrower and spoke with her this morning to apologize for any inconvenience and
offered her the option of coming into a branch to pick up the check or having it sent *****, the borrower chose
*****.We will monitor the ***** tracking and ensure delivery of the reimbursement has been made.
Regards,
**** ** *********, SVPCustomer response
07/22/2022
[A default letter is provided here which indicates your acceptance of the business's response. If you wish, you may update it before sending it.]
Better Business Bureau:
I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.I finally received a check for reimbursement on July 21st, 2022.
Regards,
******** *****
Initial Complaint
07/24/2021
- Complaint Type:
- Billing Issues
- Status:
- Answered
Marina Fiorello; my loan officer from First Federal of Lakewood and I had met and been in contact for over a year and a half as I first pursued a loan with her institution and then began shopping for a house to purchase. On dozens upon dozens of occasions I explicitly informed her that the reason I pursued a mortgage loan with her institution was because I wanted my mortgage to stay with a local bank and I did not want to be involved with a national chain institution. Ms. Fiorello assured me that my mortgage would stay with her institution and, right up until the day before I closed on my home purchase, went into detail about all the benefits I would accrue by keeping my mortgage loan with her local institution. The very next business day after I closed on my house she immediately sold my loan to a national chain. Does this not constitute outright fraud? It has come to my attention that this has occurred numerous times, and what's only worse is that her supervisors condone this.Business response
08/03/2021
Please see the attached response to this complaint.Business response
08/18/2021
August 2, 2021
RE: ID#********
First Federal did receive a compliant letter from Client ID#******** before reaching out to your agency. In this letter,
under #3, ID# ******** clearly stated he did not want anyone from the bank to contact him. First Federal did perform
an internal investigation and found that all required notifications had been sent and the case was closed due to Client
ID#******** refusing any follow up communication. Below are the notifications received and acknowledged by Client
ID# ********.
Client ID#******** was provided a Loan Estimated on January 8, 2021 which he signed on January 9, 2021. This Loan
Estimate states on page 3, under “Other Considerations”, under Servicing that we did intend to transfer servicing of his
loan. ID# ******** also signed the Acknowledgement of Receipt of the Loan Estimate on January 9, 2021.
Client ID#******** was provided a Servicing Disclosure Statement on January 11, 2021, which he signed on January 11,
2021. This Servicing Disclosure Statement states,” We may assign, sell, or transfer the servicing of your loan while the
loan is outstanding, or We do not service mortgage loans of the type of which he applied. We intend to assign, sell, or
transfer the servicing of your mortgage loan before the first payment is due.”
On February 19, 2021, Client ID#******** was mailed a Notice of Transfer of Loan Servicing Rights.
Lisa Behm
NMLS #564084
Area Sales Manager
First Federal of Lakewood
89 First Street Suite #204
Hudson, Ohio 44236
P* ************Initial Complaint
05/29/2021
- Complaint Type:
- Billing Issues
- Status:
- Answered
On 5/29/21 I went to first federal lakewood at the corner of warren and Detroit to open a new account so that I can cash my paycheck. I had an account with them previously but to my knowledge it had been emptied and closed two years prior. This account had been locked from overdrafts since I had opened it 6-7 years ago. When I tried to open a new account I was pulled to the side and told that I owed them $152 in overdraft fees. I told them that that wasn’t right and that none of my accounts were allowed to be over drafted. They then showed me a statement that showed a $6 payment to apple after I told them to close said account and a long list of consecutive day overdraft fees. At that point I got up and left as the banker said there was nothing she would do. I don’t want another account with them I want them to held responsible for their own shady practicesBusiness response
06/29/2021
Regarding Case ID ********
Thank you for bringing this matter to our attention. It is our standard procedure that ATM and every day debit transactions
are declined when funds aren’t sufficient unless the customer authorizes us to allow overdrafts. Your account was indeed
set to prevent overdrafts from ATM and every day debit transactions.In reviewing your account history, transactions posted to your account in January 2020 were presented to us as recurring
debit card transactions where you provide your card information to the merchant to pay for monthly or periodic recurring
charges. Recurring debit card transactions are not ATM or every day debit transactions, which we have an opportunity to
decline in order to prevent an overdraft, and are therefore subject to normal overdraft processing including insufficient
funds charges. When an account remains overdrawn for 7 days, consecutive day overdraft fees begin to accrue. These
fees are disclosed in our account opening documents and the fees appeared on the monthly statements mailed to you.Our branch account representatives would be happy to discuss a repayment agreement for the amount due.
We thank you for the opportunity to assist you.
Sincerely,
********* ** *****
Director, Retail Operations
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Customer Complaints Summary
7 total complaints in the last 3 years.
2 complaints closed in the last 12 months.