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Press Releases

"The Federal Savings Bank Recognized for Excellence in Banking, Business Operations"

May 5, 2017 - The Federal Savings Bank is proud to announce that the company recently earned multiple industry and regional accolades for its banking services, safe and sound lending practices, as well as overall growth.

"Top Mortgage Originator Joins The Federal Savings Bank "

June 14, 2016 - The Federal Savings Bank, one of the largest privately held federally chartered banks in America focused on residential home lending, announced today that Oscar Valenzuela has joined the Bank as a vice president. Valenzuela funded nearly 300 purchase transactions in 2015, and the Scotsman Guide ranked him the #5 FHA mortgage originator in the nation with 2015 FHA volume of more than $55 million and total volume exceeding $71 million.

"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.

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