Third Federal expands offerings to Mass., already in Conn. and N.H.

CLEVELAND – Third Federal, a provider of mortgages and savings instruments, is expanding the markets it serves to include Massachusetts.
The 76-year-old institution, initially founded as a mutual savings and loan in Cleveland, lends money in 22 of the United States, focusing on home lending and other lending and savings tools, and has assets of $11.7 billion.
“We are excited to expand our product offerings into new states to reach new customers,” said Chairman and CEO Marc A. Stefanski. “Our continued growth means we can now serve the majority of the U.S. population with our great rates and service.”
The company began operations in Ohio in 1938 and expanded to Florida in 2000. It has 38 full-service branches between Florida and Ohio.
The product expansion puts Third Federal’s first mortgage refinance and equity line of credit products in Connecticut, Massachusetts and New Hampshire in New England, as well as California, Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Missouri, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, Washington and Washington, D.C. In the past three years, the company reported closing on more than $1 billion in loans across its footprint.

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