https://www.thefederalsavingsbank.com/~/media/Images/logo.ashx?w=200 The Federal Savings Bank Federal Savings Bank is veteran - owned bank, with a focus on VA and FHA lending for active duty and retired military and first time home buyers. We believe we offer the Perfect Mortgage Experience, which is our unique combination of outstanding customer service, low mortgage rates, and fast closings. We call it the Perfect Mortgage Experience because for 20 years that’s how our customers have come to know and refer us.
300 N. Elizabeth Street #3E
Chicago
IL
60607
USA

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The Federal Savings Bank provides a wide array of loan products and exceptional customer service to each and every customer.

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The Federal Savings Bank has a wide array of accounts available for you.

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Welcome Baytree National Bank & Trust

Baytree National Bank & Trust has merged with The Federal Savings Bank. Click below to learn more about the merger and what it means for you as our valued customer.

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The Perfect Mortgage Experience

Our dedicated bankers will walk you through the process from start to finish, guiding you to the perfect mortgage experience.

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Latest News & Updates
Make repairs before listing a home

Make repairs before listing a home

For the most part, neither first-time home buyers or retirees looking to downsize will be impressed by a home that needs a lot of work. Sellers will likely lose out on reaching a wider audience and receiving offers if they avoid fixing up their home.

June 29, 2015

Mortgage rates experience little change

Mortgage rates experience little change

According to the weekly Primary Mortgage Market Survey released by Freddie Mac, the average interest rates for home loans only changed slightly.

June 25, 2015

Mistakes to avoid when selling a home

Mistakes to avoid when selling a home

Selling a home can be an elaborate process.

June 25, 2015

3 Tips for finding a home inspector

3 Tips for finding a home inspector

When purchasing a home, it is crucial to complete a proper home inspection.

June 23, 2015

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