Dearborn Federal Savings Bank is headquartered in DEARBORN and is the 52nd largest bank in the state of Michigan. It is also the 2,609th largest bank in the nation. It was established in 1936 and as of December of 2024, it had grown to 43 employees at 5 locations. Dearborn Federal Savings Bank has an A health rating.
Terrible bank. We had perfect credit. Our escrow went up by $15. We are set up on autopay. When we noticed, we called and asked if it was ok to just adjust the autopay and include it in the follow month. They said yes, that would be fine. They then reported it against our credit and refuse to fix the problem. If it was not ok to pay next month, they should have told us that when we asked and we would have gladly paid the $15. Terrible customer service in a bank that is stuck in the 90’s.
Overall | |
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FDIC Certificate # | 29874 |
Year Established | 1936 |
Employees | 43 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.03% |
Return on Equity - YTD | 0.11% |
Annual Interest Income | $9.5MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $276.6MM$269MM |
Loans | Q4 2024vs Q4 2023 | $202.5MM$196.9MM |
Deposits | Q4 2024vs Q4 2023 | $168.2MM$167.8MM |
Equity Capital | Q4 2024vs Q4 2023 | $78.6MM$78.6MM |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $1.5MM$1.6MM |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $0$83K |
Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
Rates for Dearborn Federal Savings Bank are currently being reviewed.
Dearborn Federal Savings Bank Locations | ||
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14615 Ford Rd Branch | 14615 Ford Road | Dearborn, MI 48126 |
22180 West Outer Drive Branch | 22180 West Outer Drive | Dearborn, MI 48124 |
Dearborn Federal Savings Bank | 22315 Michigan Ave | Dearborn, MI 48124 |
27115 West Warren Branch | 27115 West Warren | Dearborn Heights, MI 48127 |
4111 South Telegraph Branch | 4111 South Telegraph | Dearborn Heights, MI 48125 |
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