diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2d494d4b05e4aa..73b0ddbb0a82b0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,9 +2,9 @@
 
 Select a Node.js version below to view the changelog history:
 
-* [Node.js 14](doc/changelogs/CHANGELOG_V14.md) **Current**
+* [Node.js 14](doc/changelogs/CHANGELOG_V14.md) **Long Term Support**
 * [Node.js 13](doc/changelogs/CHANGELOG_V13.md) End-of-Life
-* [Node.js 12](doc/changelogs/CHANGELOG_V12.md) **Long Term Support**
+* [Node.js 12](doc/changelogs/CHANGELOG_V12.md) Long Term Support
 * [Node.js 11](doc/changelogs/CHANGELOG_V11.md) End-of-Life
 * [Node.js 10](doc/changelogs/CHANGELOG_V10.md) Long Term Support
 * [Node.js 9](doc/changelogs/CHANGELOG_V9.md) End-of-Life
@@ -24,13 +24,14 @@ release.
 <!--lint disable maximum-line-length-->
 <table>
 <tr>
-  <th title="Current"><a href="doc/changelogs/CHANGELOG_V14.md">14</a><sup>Current</sup></th>
+  <th title="LTS Until 2023-04"><a href="doc/changelogs/CHANGELOG_V14.md">14</a><sup>LTS</sup></th>
   <th title="LTS Until 2022-04"><a href="doc/changelogs/CHANGELOG_V12.md">12</a><sup>LTS</sup></th>
   <th title="LTS Until 2021-04"><a href="doc/changelogs/CHANGELOG_V10.md">10</a><sup>LTS</sup></th>
 </tr>
 <tr>
     <td valign="top">
-<b><a href="doc/changelogs/CHANGELOG_V14.md#14.14.0">14.14.0</a></b><br/>
+<b><a href="doc/changelogs/CHANGELOG_V14.md#14.15.0">14.15.0</a></b><br/>
+<a href="doc/changelogs/CHANGELOG_V14.md#14.14.0">14.14.0</a><br/>
 <a href="doc/changelogs/CHANGELOG_V14.md#14.13.1">14.13.1</a><br/>
 <a href="doc/changelogs/CHANGELOG_V14.md#14.13.0">14.13.0</a><br/>
 <a href="doc/changelogs/CHANGELOG_V14.md#14.12.0">14.12.0</a><br/>
diff --git a/doc/changelogs/CHANGELOG_V14.md b/doc/changelogs/CHANGELOG_V14.md
index 750288a29704a0..b898d85a3dac29 100644
--- a/doc/changelogs/CHANGELOG_V14.md
+++ b/doc/changelogs/CHANGELOG_V14.md
@@ -6,10 +6,14 @@
 
 <table>
 <tr>
+<th>LTS 'Fermium'</th>
 <th>Current</th>
 </tr>
 <tr>
 <td valign="top">
+<a href="#14.15.0">14.15.0</a><br/>
+</td>
+<td valign="top">
 <a href="#14.14.0">14.14.0</a><br/>
 <a href="#14.13.1">14.13.1</a><br/>
 <a href="#14.13.0">14.13.0</a><br/>
@@ -47,6 +51,22 @@
   * [io.js](CHANGELOG_IOJS.md)
   * [Archive](CHANGELOG_ARCHIVE.md)
 
+<a id="14.15.0"></a>
+## 2020-10-27, Version 14.15.0 'Fermium' (LTS), @richardlau
+
+### Notable Changes
+
+This release marks the transition of Node.js 14.x into Long Term Support (LTS)
+with the codename 'Fermium'. The 14.x release line now moves into "Active LTS"
+and will remain so until October 2021. After that time, it will move into
+"Maintenance" until end of life in April 2023.
+
+### Commits
+
+* [[`5b7a08c902`](https://github.com/nodejs/node/commit/5b7a08c902)] - **doc**: add missing link in Node.js 14 Changelog (Antoine du Hamel) [#35782](https://github.com/nodejs/node/pull/35782)
+* [[`90a5d59824`](https://github.com/nodejs/node/commit/90a5d59824)] - **doc**: fix Node.js 14.x changelogs (Richard Lau) [#35756](https://github.com/nodejs/node/pull/35756)
+* [[`7f788573b3`](https://github.com/nodejs/node/commit/7f788573b3)] - ***Revert*** "**test**: mark test-webcrypto-encrypt-decrypt-aes flaky" (Myles Borins) [#35666](https://github.com/nodejs/node/pull/35666)
+
 <a id="14.14.0"></a>
 ## 2020-10-15, Version 14.14.0 (Current), @MylesBorins
 
diff --git a/src/node_version.h b/src/node_version.h
index 29b79708ecc4e2..280391501700ea 100644
--- a/src/node_version.h
+++ b/src/node_version.h
@@ -23,13 +23,13 @@
 #define SRC_NODE_VERSION_H_
 
 #define NODE_MAJOR_VERSION 14
-#define NODE_MINOR_VERSION 14
-#define NODE_PATCH_VERSION 1
+#define NODE_MINOR_VERSION 15
+#define NODE_PATCH_VERSION 0
 
-#define NODE_VERSION_IS_LTS 0
-#define NODE_VERSION_LTS_CODENAME ""
+#define NODE_VERSION_IS_LTS 1
+#define NODE_VERSION_LTS_CODENAME "Fermium"
 
-#define NODE_VERSION_IS_RELEASE 0
+#define NODE_VERSION_IS_RELEASE 1
 
 #ifndef NODE_STRINGIFY
 #define NODE_STRINGIFY(n) NODE_STRINGIFY_HELPER(n)
diff --git a/test/parallel/test-process-release.js b/test/parallel/test-process-release.js
index 13263894919407..ebb259f774a62c 100644
--- a/test/parallel/test-process-release.js
+++ b/test/parallel/test-process-release.js
@@ -19,6 +19,8 @@ if (versionParts[0] === '4' && versionParts[1] >= 2) {
   assert.strictEqual(process.release.lts, 'Dubnium');
 } else if (versionParts[0] === '12' && versionParts[1] >= 13) {
   assert.strictEqual(process.release.lts, 'Erbium');
+} else if (versionParts[0] === '14' && versionParts[1] >= 15) {
+  assert.strictEqual(process.release.lts, 'Fermium');
 } else {
   assert.strictEqual(process.release.lts, undefined);
 }