The Federal Savings Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.40% | 5-year CD | 5 Year Jumbo CD 2.50% - Ally Bank High Yield 5 Year CD |
| 0.70% | 1-year CD | 1 Year Jumbo CD |
| 0.25% | Savings | Statement Savings |
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Dishonest Don't Use
Being sued by Citibank for fraudulently using social security numbers. Will not give receipts or contract like other banks. Very incompetent workers and have gang bangers stealing your info
The Federal Savings Bank Is A Scam!
Dwayne Jacobs called us on 4/26/13 to offer us a 2.5% refi rate. We filled out the paperwork, but he never contacted us; we always had to contact him. We paid for and received the appraisal. He promised us a closing date of 5/31/13 or before, but had not been in contact with us to set things up. We contacted him on 5/23 only to learn that we had not locked in on the rate and there was nothing he could do about it. Now we are out the appraisal fee and the rates have gone up! This bank is a scam - do not use them!
Potential risks to the financial health of this bank may exist that may not be visible from the financial reports used to derive health ratings.
| Overall | |
|---|---|
| FDIC Certificate # | 35518 |
| Year Established | 2000 |
| Employees | 897 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.83% |
| Return on Equity - YTD | 12.39% |
| Annual Interest Income | $12.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $363.7MM$297.2MM |
| Loans | Q4 2017vs Q4 2016 | $310.6MM$239.3MM |
| Deposits | Q4 2017vs Q4 2016 | $210.3MM$213.2MM |
| Equity Capital | Q4 2017vs Q4 2016 | $73.4MM$67.6MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $1.1MM$754.00K |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $4.0MM$1.8MM |
| Real Estate Owned | Q4 2017vs Q4 2016 | $252.00K$349.00K |
Always verify rates and promotions with the bank or credit union. We are not The Federal Savings Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
The Federal Savings Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | $100 | - | Statement Savings |
The Federal Savings Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | $100k* | - | Money Market | ||
| OTHER TIERS: 0.15% → $1k - $10k | 0.20% → $10k - $25k | 0.30% → $25k - $50k | 0.40% → $50k - $100k | |||||
The Federal Savings Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $100 | - | Interest Checking |
The Federal Savings Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.00% | $10k | - | 5 Year Promotional CD | |
| 2.90% | $10k | - | 5 Year Promotional CD - Renewal Rate | |
| 2.75% | $10k | - | 4 Year Promotional CD | |
| 2.65% | $10k | - | 4 Year Promotional CD - Renewal Rate | |
| 2.45% | $10k | - | 2 Year Promotional CD | |
| 2.35% | $10k | - | 2 Year Promotional CD - Renewal Rate | |
| 2.25% | $10k | - | 14 Month Promotional CD (New Money) | |
| 2.15% | $10k | - | 14 Month Promotional CD - Renewal Rate | |
| 2.00% | $500 | - | 5 Year CD | |
| 1.60% | $500 | - | 3 Year CD | |
| 1.40% | $100k | - | 5 Year Jumbo CD | |
| 1.30% | $500 | - | 18 Month CD | |
| 1.10% | $100k | - | 4 Year Jumbo CD | |
| 0.95% | $100k | - | 3 Year Jumbo CD | |
| 0.85% | $100k | - | 2 Year Jumbo CD | |
| 0.80% | $500 | - | 6 Month CD | |
| 0.80% | $100k | - | 18 Month Jumbo CD | |
| 0.70% | $100k | - | 1 Year Jumbo CD | |
| 0.40% | $100k | - | 6 Month Jumbo CD | |
| 0.25% | $100k | - | 3 Month Jumbo CD |
| The Federal Savings Bank Locations | ||
|---|---|---|
| The Federal Savings Bank | 300 North Elizabeth Street, Floor 3e | Chicago, IL 60607 |
| Deerpath Branch | 664 N Western Ave | Lake Forest, IL 60045 |