The Federal Savings Bank is headquartered in Chicago and is the 69th largest bank in the state of Illinois. It is also the 1,262nd largest bank in the nation. It was established in 2000 and as of June of 2022, it had grown to 1,373 employees at 2 locations. The Federal Savings Bank has a B+ health rating.
I had a fantastic experience with The Federal Savings Bank, back in April I started a refinance, and then just a few months back I started a construction loan with them. Both times, rates, and fees were lower, and the customer service has been excellent. Outside of a few delays from my builder, this was outside of the banks control. I appreciate their transparency, competitive nature, and their great staff who kept us up to date all the way through. Thanks for two smooth transactions.
We refinanced our home with The Federal Savings Bank...What a Great Experience. No runarounds just the truth. Had been referred by a friend and glad we went with them. They were upfront with everything in the beginning and said what they would do and did what they said. They worked really hard, most everything was online, very easy. Great Rate with no hassle and a short start to finish. We closed, payoff in two days, we took out a little for home repairs that was deposited in two days, and can't say enough how much I highly recommend. No Scams here or High cost for pulling out a little for repairs.
|FDIC Certificate #||35518|
|Return on Assets - YTD||0.91%|
|Return on Equity - YTD||4.39%|
|Annual Interest Income||$11.1MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$743.8MM$814.8MM|
|Loans||Q2 2022vs Q2 2021||$471.0MM$708.2MM|
|Deposits||Q2 2022vs Q2 2021||$537.5MM$608.7MM|
|Equity Capital||Q2 2022vs Q2 2021||$158.7MM$149.3MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$2.4MM$2.4MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$5.2MM$4.1MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$0|
Sorry, we do not have rate data for The Federal Savings Bank.
|The Federal Savings Bank Locations|
|The Federal Savings Bank||4000 W Diversey Ave||Chicago, IL 60639|
|Deerpath Branch||664 N Western Ave||Lake Forest, IL 60045|