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Chicago, IL. (February 16, 2023) – The Federal Savings Bank is proud to announce that our Chairman and CEO, John Calk, was featured in an exclusive interview with The North Shore Weekend. In this interview, Calk reflects on the history of our company, one of the largest federally chartered and privately owned mortgage lenders across all 50 states and how it contributes to strengthening the communities it serves beyond homeownership.

Calk shared more on his personal journey towards becoming the Chairman and CEO of this company. He started off in the corporate world, working at General Electric Capital for about 6 years before jumping to the mortgage industry and eventually becoming the leader of this bank. It is however important to note that his experience in the military shaped the rest of his life and career. This is why The Federal Savings Bank strives to help all veterans, active military, and surviving spouses find a place to call home.

“We do a lot of veteran home loans because the owners of the bank are veterans and we have a lot of commonalities and we believe that’s a good use of our purpose,” says Calk. “About 30 percent of our lending is to veterans.”

Along with helping military families navigate the VA mortgage process with ease, Calk actively helps the veteran community in different ways. This is why, as the Founder of the catholic Pre-K to 8th grade East Lake Academy, he has been at the forefront of providing scholarships for kids of active-duty military families.

The full interview can be found at

The Federal Savings Bank
John Calk

About The Federal Savings Bank:

The Federal Savings Bank is a federally chartered bank, veteran founded and operated. We are proud to be a nationwide mortgage lender, supporting borrowers in all 50 states. We believe in unparalleled experience, exceptional customer service, operational excellence, and community beyond walls.

This information is intended for educational purposes only. Products and interest rates subject to change without notice. Loan products are subject to credit approval and include terms and conditions, fees and other costs. Terms and conditions may apply. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements. Adjustable Rate Mortgage (ARM) interest rates and monthly payment are subject to adjustment. Upon submission of a full application, a mortgage banker will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.