First Federal of Lakewood CEO Stepping Down
Gary Fix set to retire at the start of 2013 after 27 years with the bank.
After 27 years with First Federal of Lakewood, CEO Gary Fix is retiring at the start of 2013. Thomas Fraser, the bank’s executive vice president and chief operating officer, is expected to replace him. Fix, who’s held the CEO post since 2005, has overseen the bank’s “significant growth,” including the purchase of Century Bank, and growing the number of full-service branches to 18. Fix has also recorded 19 consecutive quarters of profitability while assets increased to $1.3 billion, according to a news release. Just last month, First Federal of Lakewood announced that it was expanding into 13,000 square feet on two floors at Lakewood Center West. And it’s added some jobs along with the expansion. Fraser said that First Federal has gone …
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lakerockbay
11:50 pm on Wednesday, November 21, 2012
Love First Federal of Lakewood,glad to see that they are doing so good and expanding in our hometown! I would have love to see them get the First Church of Christ Scientist building though! more ›