The Federal Savings Bank

4120 Diversey Ave Ste C501, 60639, Chicago, United States
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2.08
Based on 13 Reviews

5

23.08%

4

0.00%

3

0.00%

2

15.38%

1

61.54%
About The Federal Savings Bank

The Federal Savings Bank is a veteran-owned bank, with a focus on VA loans and FHA loans for military and first time home buyers.

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Vicky's Reports
GB

DO NOT apply for a mortgage here! DO NOT apply for a mortgage. You will be approved, then receive banal answers. Calls from your "mort specialist" from phone numbers that auto dump into voicemail. An emailed unintelligible "estimate" Zero communication. Lax morgage contact who could not care LESS about your goals. The most LOUSY service I have ever experienced at any bank. EVER. And my credit score? Is 841.

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PAMELA ROBLES
GB

I had worked with The federal saving… I had worked with The federal saving bank twice now, Javier Garcia is always my loan officers, I cannot express how much this team is like family to me. I just LOVE them!!

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Jill Casebolt Grossman
GB

SLOOO---w' SLOOO---w'. They do not return calls or emails like the PROMISE .Did a appraisal first thing that we paid for . Force you to take points. Have to send & sign TONS of docs. Let some of our docs go past 90 days .Gave us 3 closing dates . Every initial closing doc was different with different% rates. Closing cost were going to be $40,000 . Put our home owners insurance in their name . I know that ruining our credit was some my fault but is they would have closed with us when they told us this wouldn't have messed us up terribly bad.

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sell sell
GB

Scam scam scam Scam scam scam. Send mailers every week scamming people. Asked to be removed from their scam list and they still send them. We are re sending them back to their HQ

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dark angel
GB

Federal Savings Bank I tried to refinance through this bank ,which honestly is (A RIP OFF BANK) .To get cash out for refinancing your home based on equity ,to take $3,000federal savings bank has to charge you $13,000 and that leaves you with extra $10,000 in costs to be added to the loan,if you take $12,000 then the cost is going to be $33,000.and so son,add to that the amount of papers they ask for as supporting documents.Besides they treat you as a third not second class citizen ,and show you that they are one of the best banking systems ever.After collecting all the documents,and prior to that ,they tell you that the loan isn't going to cost a lot,but after you are sunk to your ears with papers,you reveal the hidden truth about the CRAZY HIGH FEES.Serioulsy not worth refinancing through them.

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