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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Veteran Testimonials

Our VA Loan Specialists are helping Veterans each and every day. Please read all of our Veteran Testimonials, including one from LTG Dell Daily, who proudly served our country for 42 years.

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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
FHA loan activity improves in late February

FHA loan activity improves in late February

Although applications for mortgages could decrease during the winter buying season, lower borrowing costs in early in 2015 could result in a higher number of home buyers later on in the year.

February 26, 2015

3 ways to tell first-time home buyers are compatible with their real estate agent

3 ways to tell first-time home buyers are compatible with their real estate agent

Although first-time buyers most likely want real estate agents by their side as they embark on their homebuying journeys, it's important they choose the right one.

February 25, 2015

Tips to save money for an extra mortgage payment

Tips to save money for an extra mortgage payment

Making extra payments on a mortgage could drastically cut down on interest payments, saving homeowners money in the long run.

February 24, 2015

NAR: January existing-home sales improved from last year

NAR: January existing-home sales improved from last year

Although sales of existing homes decreased from the previous month in January, sales rose from the same period last year, according to the National Association of Realtors.

February 23, 2015

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