The Federal Savings Bank

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REVIEWS

5 Year Promotional CD

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Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.40%	5-year CD	5 Year Jumbo CD 1.85% - Synchrony Bank 60 Month CD
0.65%	1-year CD	1 Year CD 1.05% - Ally Bank High Yield 12-Month CD
0.25%	Savings	Statement Savings Account 1.00% - Ally Bank Online Savings Account

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Overview / Commentary

www.thefederalsavingsbank.com

877-788-3520

300 North Elizabeth Street, Floor 3e
Chicago, IL 60607

The Federal Savings Bank is headquartered in Chicago and is the 113^th largest bank in the state of Illinois. It is also the 1,856^th largest bank in the nation. It was established in 2000 and as of June of 2016, it had grown to 797 employees at 3 locations. The Federal Savings Bank's money market rates are 36% higher than the national average, and it boasts an A+ health rating.

The Federal Savings Bank Is A Scam!

Posted by: llrdwgn | May 27, 2013

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!

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7

Health

A+

Data as of Q2 2016

Learn more about bank health

Health Grade Components

Overall
FDIC Certificate #	35518
Year Established	2000
Employees	797
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	5.39%
Return on Equity - YTD	35.8%
Annual Interest Income	$5.4MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$365.4MM$287.7MM
Loans	Q2 2016vs Q2 2015	$324.7MM$242.2MM
Deposits	Q2 2016vs Q2 2015	$272.3MM$218.2MM
Equity Capital	Q2 2016vs Q2 2015	$52.0MM$36.9MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$740.00K$411.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$1.8MM$1.7MM
Real Estate Owned	Q2 2016vs Q2 2015	$283.00K$284.00K

Rates

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Money Market
Checking
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* 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%	-	-	Statement Savings Account

The Federal Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.60%^*	$100k^*	-	Money Market
OTHER TIERS: 0.15% → Up to $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%	-	-	Interest Checking

The Federal Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%	$10k	-	5 Year Promotional CD
1.60%	$10k	-	3 Year Promotional CD
1.40%	$100k	-	5 Year Jumbo CD
1.30%	$10k	-	18 Month Promotional CD
1.10%	$100k	-	4 Year Jumbo CD
1.05%	$500	-	4 Year CD
0.95%	$100k	-	3 Year Jumbo CD
0.90%	$500	-	3 Year CD
0.85%	$100k	-	2 Year Jumbo CD
0.80%	$500	-	2 Year CD
0.80%	$100k	-	18 Month Jumbo CD
0.80%	$10k	-	6 Month Promotional CD
0.75%	$500	-	18 Month CD
0.70%	$100k	-	1 Year Jumbo CD
0.65%	$500	-	1 Year CD
0.40%	$100k	-	6 Month Jumbo CD
0.25%	$100k	-	3 Month Jumbo CD
0.20%	$500	-	3 Month CD

The Federal Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.05%	$500	-	4 Year IRA
0.90%	$500	-	3 Year IRA
0.80%	$500	-	2 Year IRA
0.75%	$500	-	18 Month IRA
0.65%	$500	-	1 Year IRA
0.20%	$500	-	3 Month IRA

Locations

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