The Member Reverse Mortgage

For years, The Federal Savings Bank has been a highly-trusted, non-competing lender partner for banks and credit unions. Our, Member Reverse Mortgage, compliments your efforts to serve your senior segment with better solutions and choice.

The FHA-insured Home Equity Conversion Mortgage (HECM) is designed specifically to help your members 62 and older enhance financial security in a safe and sound manner. With the ability to lend in all 50 states, The Federal Savings Bank helps partners and members wherever they have lending needs.

Working in concert with your team, The Federal Savings Bank offers your members a trusted partner who will provide no-hassle education and sound advice. Recognizing that those 62 and older have 60-80% of their overall net worth tied up in home equity, we are proud to help credit unions to implement solutions to meet the new retirement reality.


Member interest in the Home Equity Conversion Mortgage (HECM) is growing. Stand out from television, internet, or telephone lenders who lack the member-focused knowledge and customer experience they have come to expect, trust, and enjoy from your institution.

Our professionals work with you and your members, to educate and inform them, on the many ways they can use the Home Equity Conversion Mortgage to help them enjoy the retirement they’ve earned!


We welcome you to spend time with us evaluating our products and services. Learn more today about how The Federal Savings Bank will help you drive member satisfaction, retention, and growth in your senior member segment.

Please call (630) 780-1616. 

About Us

The Federal Savings Bank is a privately held, veteran-owned, federally chartered bank primarily focused on educating our customers and expanding home ownership in America. We seek to de-mystify the process of borrowing from a bank. To ensure we provide the highest quality experience, we start with a discussion to truly understand the dreams, hopes, aspirations, and needs of our customers. We are guided in these efforts by ensuring the highest level of personal integrity and professionalism that we can provide to our customers by our employees. We empower success and professionalism in our employees by providing the tools they need to succeed with a solid foundation of education, teamwork and technology. With our high standards for customer satisfaction, employee professionalism, and the ability to lend across all 50 states, we provide an unparalleled opportunity for home ownership, personal, and business success. Visit us at

We understand that few retirement plans are supported by a single strategy. The Federal Savings Bank employs first in class Reverse Mortgage professionals who have earned the trust of thousands of clients, their family members, trusted legal and financial advisors, and trusted partners. Our strong core values guide us, and we adhere to the highest standards to include standards set forth by the National Reverse Mortgage Lenders Association (NRMLA).

With a history of serving financial institutions, The Federal Savings Bank is excited to offer exclusive opportunities for credit unions and their Members. Our collective goal is that each credit union Member can live the retirement they most desire by working with the credit union they have come to trust, and not have to leave the credit union to find solutions to their mortgage and retirement planning. In working with trusted banks and credit unions, we are truly powering the American dream!


Banker Image
Michael Crossett
Executive Vice President
direct : 630.780.1616

For more information, call (630) 780-1616, or complete below and we will contact you