Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Banks vs Payday Loans in Lorain, OH
10 branches of 6 FDIC-insured banks operate in Lorain. Data: FDIC BankFind, as of June 30, 2026. There are also 2 payday, installment and title loan stores of 2 chains in Lorain — about 5.0 bank branches for every loan store.
- Bank branches
- 10
- Payday & loan stores
- 2
- Banks
- 6
- Loan store chains
- 2
- Bank branches per 100k
- 14.5
- Loan stores per 100k
- 2.9
Payday and installment loan stores in Lorain
Addresses and phone numbers of storefront lenders in Lorain. These loans usually cost far more than a bank or credit union loan — compare first.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 3040 Oberlin Ave Lorain, OH 44052 | (440) 989-2274 | — | 4.9 |
| 3288 Oberlin Ave. Lorain, OH 44053 | (440) 989-3006 | Mon–Thu 10:00 AM – 6:00 PM Fri 9:00 AM – 6:00 PM Sat–Sun closed |
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Bank branches in Lorain
| Address | Branch | Type |
|---|---|---|
| 200 W 6th St Lorain, OH 44052 | Lorain - 6th Street Drive Through Branch | Drive-thru |
| 3660 Oberlin Ave Lorain, OH 44053 | Lorain - Oberlin Avenue Branch | Full service |
| 457 Broadway Lorain, OH 44052 | Lorain - Broadway Branch | Full service |
| 3721 Oberlin Ave Lorain, OH 44053 | First Federal Savings And Loan Association Of Lorain Main office | Full service |
| 2233 E 42nd St Lorain, OH 44055 | 2233 East 42nd Street Branch | Full service |
| 2232 Fairless Dr Lorain, OH 44055 | Southview Branch | Full service |
| 5971 Leavitt Rd Lorain, OH 44053 | Amherst Branch | Full service |
| 559 Broadway Lorain, OH 44052 | Lorain-Downtown | Full service |
| 7400 Oak Point Rd Lorain, OH 44053 | Deerfield Village Lorain Branch | Full service |
| 4200 Oberlin Ave Lorain, OH 44053 | Tower Boulevard Branch | Full service |
More about Lorain
Bank branches as reported to the FDIC, including main offices; branch phone numbers are not published by the FDIC. Loan stores: storefront locations of major payday, installment and title lenders from lender websites and Google Maps; call ahead to confirm hours. Online-only lenders are not included.