Thomas J. Fraser

Tom is CEO of First Mutual Holding Co., the largest member-owned mutual holding company of its kind in Ohio, with affiliate banks including First Federal Lakewood and First Mutual Bank.

Tom was president and CEO of First Federal Lakewood until 2018 and also served as EVP/COO and Chief Lending Officer for the bank. He has more than 25 years of experience in the financial services industry. Prior to his tenure with First Federal Lakewood, he was senior vice president of Westfield Bank. He also held positions of increasing responsibility with the former National City Bank and was a consultant and senior analyst with Andersen Consulting.

Tom holds both a master’s degree and a bachelor’s degree from John Carroll University.

As a seasoned financial services leader, Tom can provide insight and expertise across the banking landscape, including: executive strategy, operations, compliance, product development, sales, community banking, and mutuality.


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