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On Tuesday, May 7, 2013, Third Federal (TFSL) celebrates its golden anniversary at the corner of Broadway and Forman avenues in Slavic Village -- the same location where the bank was founded 75 years ago, and where its headquarters stands today.
Third Federal was started by Ben and Gerome Stefanski, who applied for the bank's charter on their honeymoon in 1938. Their son, Chairman and CEO Marc A. Stefanski, grew the company from a $2 billion local Cleveland Savings and Loan in 1987 into today's $11.1 billion regional thrift with branch offices in Ohio and Florida and first mortgage lending in 14 states.
The bank acts on a value system of love, trust, respect, a commitment to excellence and having fun. It has a commitment to providing the best rates on savings products and residential loans, and is a company focused on efficiency and value. In its 75-year history, there have never been layoffs and turnover is less than 3.5 percent.

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