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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Our Deposit Rates

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

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We Support Our Veterans

Benefits of the VA Loan to other loan types available typically come away with the peace of mind that comes with selecting the perfect loan option for them.

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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
VA loans offer perks for veteran home buyers

VA loans offer perks for veteran home buyers

For veterans and service members, VA loans can help you overcome financial obstacles and become a home owner.

February 10, 2016

Mortgage rates fall for the fifth consecutive week

Mortgage rates fall for the fifth consecutive week

Market volatility has pushed mortgage rates lower than industry experts initially predicted.

February 8, 2016

Save money by extending the life of your appliances

Save money by extending the life of your appliances

The number of years covered by the average appliance warranty has decreased, and that can mean you'll be replacing your new washing machine or dishwasher sooner than you planned for.

February 4, 2016

How to lower the risk of fire in your home

How to lower the risk of fire in your home

Be aware of the dangers of fire and how to protect yourself, your family and your property.

February 3, 2016

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