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Press Releases

"Focus on Low-Mod Mortgages Proves Profitable for This Budding Bank"

Our CEO Steve Calk is featured on the cover of July issue of National Mortgage News discussing the success of The Federal Savings Bank.

"The Federal Savings Bank Acquires ICC Mortgage Services' Assets and Employees"

The Federal Savings Bank has announced that it has acquired the assets and employees of ICC Mortgage Services, a 22-year-old mortgage banking company from Long Island that has funded billions in residential home loans.

"Two Companies Team Up to Help Veterans and Their Families "

The Federal Savings Bank launched a partnership with PCSGrades aimed at helping veterans and their families.

"Rise in Rates is Headwind for Housing"

U.S. 30-year mortgage rates have jumped above 5% for the first time since last spring, in a rapid rise that could present a challenge to the still-troubled housing market.

"The Federal Savings Bank and City of Chicago Announces 400 New Jobs and National Home Loan Center"

Chicago Mayor Rahm Emanuel and Steve Calk, chairman and CEO of The Federal Savings Bank, today made a major economic development announcement with the funding of a new national home loan center, bringing 400 new jobs to Chicago.

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