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The Federal Savings Bank

Private Banking - Financial Services Mortgage 500 - 1,000 Employees Headquartered in Chicago, IL 8 Active Jobs

We are a veteran-owned, federally chartered bank with a focus on educating our customers about the mortgage process. To ensure we provide the highest quality mortgage experience, we start with understanding the needs of our customers. We are guided in these efforts by ensuring the highest level of professionalism is provided to our customers from our employees. We establish professionalism in our employees by providing tools they need to succeed with a solid foundation of teamwork and technology. With our high standards for customer satisfaction, employee professionalism, and the ability to lend across all 50 states, we provide the opportunity for homeownership. We also have 19 physical locations across the country offering processing, underwriting, or closing support. 

In 2015 The Federal Savings Bank was recognized in two categories by Mortgage Executive Magazine as one of the 50 Best Mortgage Companies to Work For and one of the Top 100 Best Mortgage Companies in America for total yearly mortgage volume. Last year, The Federal Savings Bank was inducted into the 2015 Ellie Mae Hall Fame for "Exceptional Achievement in Business Growth"


As a bank, we control the entire lending process. We originate the loan, process it, underwrite it, create the closing documents and write the check for closing.
  • With the entire mortgage process completed in-house, you will get to know your full team and play an integral part of the mortgage process.
  • The Federal Savings Bank accomplishments are a result of our importance of team and professional development.  We make sure that each and every one of our employees has  the tools that they need to grow and excel at the bank.  Our training department has a commitment to the continuing education of all team members on industry changes and how we conduct business.
  • Our onboarding processes ensure that you are up and running on Day One.  Dedicated team members from technology, marketing, and training will provide you the tools to seamlessly continue to generate new business, or assist in the loan process, without missing a beat.
  • Being a federally-chartered bank allows our Mortgage Bankers to originate loans in all 50 states, which provides increased opportunity for not only our bankers, but operations personnel as well.  
  • The Federal Savings Bank focuses our philanthropic activities around 3 primary objectives: Supporting our local communities, serving our nation’s most valuable treasure, our veterans, and educating the public on sound financial practices and thoughtful finance management