Mary Jo Downes Photo

Mary Jo Downes

Senior Vice President / Sales Manager


  • Chairman's Club
    2018, 2019

Mary Jo Downes is an accomplished lender who has been helping families realize the dream of home ownership out of her office in Park Ridge for almost 30 years.

After starting in the home loan business in 1995 as a mortgage broker, she quickly built a successful business and opened her own company in 1998. She successfully ran her company until 2007, consistently helping over 200 families per year. In 2007, she saw the advantage of partnering with a stable and flexible bank which specialized in home loans, and has been a successful leader at The Federal Savings bank ever since. Her hands on approach and extremely high level of service make her one of the region’s best lenders, and best leaders in the home loan business.


Mary Jo and the team exceed expectation through my journey of getting my first real Estate investment property. I appreciate the due diligence that was continually available thorough out the whole process. Another satisfied customer!

- Albert A.
Mary Jo did a loan for my husband and myself in the past and again recently. Just as with the first transaction, she was amazing! We were very Happy with her professionalism and most definitely will have her help us in the future.

- Anthony D
Mary was the best person I have ever encountered in the Financial Community! She was superb in all aspects of getting the procedure done smoothly and on time. She was a Pleasure to work with!!

- Bill B
A big thank you to all that worked with me on this refi! Job well done! Thank you!

- Bruce R
As you know, we closed on the house last Wednesday. I would like to thank you both for all the hard work, you Ladies did to make my dream come through. Thank You again and I will recommend you, if I hear anything about someone buying a house.

- Charlotte B
Meeting you and Mary Ann was purely by chance.  You made arrangements to meet with me that day and I have been grateful ever since.  You found out exactly what was important to me and walked me through every step of the process.  My husband and I are so thankful for your efforts and going above and beyond for our – refinancing.  You always kept us informed and made sure we knew what was going on.

We can never be thankful enough for this outstanding service, genuine attitude and warm personality.  Therefore, I have a highest level of respect and appreciation for your time, knowledge, and professionalism. Once again thank you for your help.

- Christina V
Mary and Tamara were amazing I would totally recommend this bank to friends and family!!

- Clifford G
AMAZING! Mary Jo is simply the best, we look forward to the next time.

- Damian S.

- Evan J
Mary Jo is an outstanding person and the best mortgage broker I have ever worked with. As an accountant who has recommended numerous client to Mary Jo for help with their mortgage needs, I have never been disappointed with her ability to help my clients and her professionalism in doing so. As I have done in the past, I will continue to recommend her in the future.

- George K
Mary Jo Downes and team are efficient and expedient! They are also extremely courteous. Thank you.

- Gina F
Mary Jo is great. I work for a different bank and still chose your company because of her.

- Gordon S
If I'm buying a house - it's with Mary Jo and her team. Period, end of story.

- Gregory T
Thank you so much for all of your hard work on our behalf. We want you to know how much we appreciate everything you did to get the approval in such a short time. We would not be planning the move into our new home without you!

- Harold and Jan
Mary Jo is awesome!

- Jacob C
I would recommend Mary Jo and her team to anyone I know who is looking for a lender. They went above and beyond in making sure we were financially comfortable. Thanks for a great experience, Mary Jo and team!

- Jacquelynne S
Mary Jo as always is the consummate finance professional. She's prompt, courteous and a phenomenal resource when it comes to creative financial solutions for my financing needs.

- James C.
I had the best experience ever. The banker, the processor and all people involved in my loan process were very professional, knowledgeable and extremely friendly. Your staff is a 5 star team. 

- Jeanette C.
Thanks for everything! Because of you and your attention to my situation, the process was very smooth and very easy on me. I will absolutely be recommending you to anyone looking for your type of services. Thanks again!!!!

- Jeffrey 'Thad' H.
Wanted to share our happiness and appreciation for getting us our mortgage at a great rate with absolutely no hassle!

Selling and buying a home is a stressful time and with moving and all that comes with it, that last thing that anyone wants to think about is securing financing,. However, it is the most important cog in the wheel and you guys made it an effortless proposition! We appreciate from the bottom of our hearts all that you did to facilitate our purchase of our new home on the Northwest side of Chicago in Edison Park. Thanks for getting us home!

- Jim and Amy R
Wanted to share our happiness and appreciation for getting us our mortgage at a great rate with absolutely no hassle!

Selling and buying a home is a stressful time and with moving and all that comes with it, that last thing that anyone wants to think about is securing financing,. However, it is the most important cog in the wheel and you guys made it an effortless proposition! We appreciate from the bottom of our hearts all that you did to facilitate our purchase of our new home on the Northwest side of Chicago in Edison Park. Thanks for getting us home!

- Jim and Amy R
Mary Jo and her team are great! Already recommended them to others!

- John M
Mary Jo exemplifies professionalism. No stone left unturned, and no questions left unanswered. If there is any type of promotion available to her, I would highly recommend it if it doesn't take her away from helping people out in the future.

- John W
We had such a great experience with our mortgage loan. Mary Jo took time to sit with us and explain everything in detail and was so helpful.

- Kelly M
Mary Jo Downes is the most amazing person I've ever worked with. She knows her business inside and out, and shes's the only person I've worked with that I know always has my best interests at heart. She's a true rock star!!!!!

- Kimberly R
Mary Jo Downes and Mary Ann Gilfillan are simply put, an amazing team. They worked tirelessly through any and all issues that came up throughout my family’s home loan process and were able to not only meet, but totally exceed my expectations. They took personal interest and pride in my loan, and it is a good feeling when you know you are being taken care of as a person, not just another file. I would give both Mary Jo and Mary Ann my wholehearted recommendation to anyone in need of a home loan, regardless of your situation; they are the best! Thank you both so much.

- Kris and Justyna K
Mary Jo and Jean Marie were very helpful. They answered all of my questions and were patient with me.

- Kristin N
Mary Jo and her team are great to work with!

- Mathew D
Mary Jo and her team are phenomenal. We are first time homeowners and we were wide-eyes and naive and thought we could only afford a fixer-upper. Mary Jo showed us the reality of our situation and she landed us our dream home. The process was incredibly smooth and swift. It was unbelievable! Mary Jo took excellent care of us and our interests and made sure no one took advantage of us. She gave us her undivided attention and made us feel like we were her top priority. We felt like she was our mama bird and we were her babies. We are so proud and honored to have been able to be graced by such a wonderful human being! We look forward to working with her for all of our lending needs. Thank you!

- Omar C
Mary Jo and her team are professional, knowledgeable and very nice. They walked me through this transaction from beginning to end. They answered every question I asked and did it professionally. They treated me as family and for that I am truly appreciative. I will HIGHLY recommend them to anyone looking for a refi or new mortgage.

- Randy R
Thank you for helping us in more ways than one! You always go above and beyond to ensure you meet your customers needs. That is very much appreciated. Thank you, Pattie & Bob

- Robert F
Mary Jo did an outstanding job! She communicated well and made our transaction very smooth. I have had horrible experiences in the past but working with Mary Jo made things so easy!!!

- Ronald G
Mary Jo and her team are outstanding! James was a great help. Mary Jo always goes out of her way to help everything work out. She explains the process and is always available to take a call. I say give her a vacation with no cell phone service (now that my loan is done) haha she's amazing. Thank you for all your help. Not just with my loan but with my family and friends loans as well.

- Stella S
Mary Jo and her team are amazing! Great communication and extremely knowledgeable in all aspects of the process! They answered all my questions and listened to my needs and input! I know they will take care of me! I would not work with any other group!

- Stephen C
great job

- Sunita E
Just want to thank you, John, & Mary Ann for helping me buy my new home.  You spent a lot of time working with me, was very patient, and got me a great deal.  Again, thanks for your help.  I'll be referring you guys to whoever needs your services.

- Thien C
Mary Jo listened to my request and formulated a plan that perfectly addressed my needs. I highly recommend Mary Jo and her team, they are thorough and complete tasks properly and in a timely manner. I look forward to many more transactions in the future.

- Timothy O
I can't say enough about how Mary Jo handled our transaction. Everything was described in depth to us. She made herself available at all times, weekends, evenings - in fact only one meeting took place during "regular" business hours. Will strongly recommend to anyone that we encounter that is looking to start their home process. Thanks!

- Timothy Y
Mary Jo and her team were amazing and very knowledgeable. I will absolutely use them again and recommend friends in the future.

- Tonya B
Mary Jo Downes the Vice President of Chicago Bancorp was absolutely a "10"! She provided the financing on a very difficult deal! Mary Jo Downes said the deal would close on time (10 days) and it did. I would recommend Mary Jo to anyone who wants to meet their deadlines, get a great rate and not make a real estate transaction stressful. My client's are so happy and thankful! Her assistant Mary Ann Gilfillan is on top of every issue....all the time.

- Vito E

We purchased a home several years ago and we were referred to Mary Jo Downes from our family attorney and friend, Vito Evola. We utilized her services for this purchase, and we needed to secure financing quickly. Everyone involved in the transaction, with the exception of Vito, did not think that we could secure financing within 25 calendar days. Not only did we close on time, but, our loan was completely approved and ready to close prior to that deadline.

This morning we closed on our second refinance with your bank since our purchase back in 2010. We refinanced the first time to get a better rate and term and this time we not only got a better rate and shorter term again, but, were able to tap mto the equity of our home cash to secure funds for our kid's future educational needs.

Again, we just wanted to give credit where credit is due and Mary Jo Downes has not once, not twice, but three times delivered a great product in a timely manner. We have purchased and refinanced in the past with other mortgage professionals, prior to meeting Mary Jo, and hands down, no one makes the mortgage so much fun! She is never is a bad mood and she always, always answers her phone! That in itself speaks volumes!

We will continue to and we have recommended her to all of our friends and family.

- William & Francesca H. - Chicago, IL
I look forward to the next transaction!

- William R