10 banks and credit unions have branches in Lorain. The Bank Fee Index holds published fees for 8 of them.
The count includes institutions based elsewhere that have a branch here.
Largest gap from Ohio
Lorain counts institutions with a branch here, wherever headquartered. Ohio counts institutions headquartered in the state.
Lorain
6 institutions with a branch here
$5.50
Ohio
76 institutions headquartered in Ohio
$6.73
U.S.
1,903 institutions in the index
$7
Chosen as the fee whose Lorain median sits furthest from Ohio's in percentage terms, among fees at least 5 local institutions publish.
Pick a fee to compare Lorain with Ohio and the U.S. Each amount below links to the fee schedule it was read from, and an empty cell says why.
Published amounts here run from $15 to $37.
Median published overdraft fee
Lorain
5 institutions with a branch here
$34
Ohio
116 institutions headquartered in Ohio
$30
U.S.
2,605 institutions in the index
$30
Lorain covers every institution with a branch here, wherever it is headquartered. Ohio covers institutions headquartered in the state. U.S. covers every institution in the Bank Fee Index.
10 institutions, 5 with a published overdraft fee.
Bank · based in Warren, PA · 3 branches here
Account not yet known
“Overdraft-Paid Item Fee | $37 per item”
Bank · based in Lorain, OH · 2 branches here
Bank · based in Columbus, OH · 2 branches here
Account not yet known
“+$34 OVERDRAFT FEE)”
Bank · based in Columbus, OH · 1 branch here
Account not yet known
“Overdraft Fee | $15.00 Per overdraft item. No overdraft fees unless final account”
Bank · based in Cleveland, OH · 1 branch here
Account not yet known
“$20.00 Overdraft Item (OD) Charge will apply to each item we pay when your end-of-day overdraft balance”
Bank · based in Cincinnati, OH · 1 branch here
Account not yet known
“If Overdraft Coverage is used, the per item fee for each overdraft is $37 per item.”
Credit union, membership rules apply · based in Elyria, OH · 1 branch here
Credit union, membership rules apply · based in Parma, OH · 1 branch here
Credit union, membership rules apply · based in Elyria, OH · 1 branch here
Credit union, membership rules apply · based in Akron, OH · 1 branch here
Largest banks by local bank deposits
Share of the $952 million in bank deposits at branches here, FDIC Summary of Deposits 2026. Credit unions report no deposits by branch.
County context: Lorain County
Deposits and branches cover the City of Lorain. Population and income cover Lorain County, the county with most of Lorain's bank branches, not the city alone. This is background. None of it sets or explains a fee.
Bank deposits
Change at branches here, 2021 to 2026
Bank branches
Change in branch count, 2016 to 2026
Population
Change between the 2022 and 2024 Census estimates
Median household income
Census estimate, 2024
Deposits and branches: FDIC Summary of Deposits, 2026 and earlier years. Population and income: Census American Community Survey 5-year estimates for Lorain County.
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