The Federal Savings Bank

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2907 Butterfield Rd
Oak Brook, IL 60523

The Federal Savings Bank, based in Oak Brook, IL, offers a wide range of banking and mortgage services, focusing on home financing solutions for various needs, including first-time home purchases and refinancing options. They are committed to providing valuable resources through their Learning Center, which equips clients with information to confidently navigate the home-buying process.

In addition to conventional loans, The Federal Savings Bank specializes in VA home loans and cash-out refinancing, catering to veterans and active military personnel with dedicated support. Their team of experienced bankers and advisors is designed to assist customers in finding tailored solutions that best fit their financial goals.

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Reviews

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5.026 reviews
Photo of Meredith H.
Meredith H.
9/4/2015

I worked with Gil Kerbashian at Federal Savings Bank to secure the mortgage for my first home and the service was top notch! Unfortunately, I had to deal with a nightmare of a seller who caused...

Sandra v.
9/8/2025

This is clearly a bank out to rip people off! They never refunded my deposit. Added bogus charges that I never authorized. Many many additional issue I would be more than happy to share with...

Debra B.
10/21/2025

I rate them a -20, they lie. They will not refund my 495.00 appraisal fee. Run if you hear the name Jay Rodriguez. I have filed a dispute with Bob and the credit card company. Next I'll get an...

James C.
5/29/2024

Once again I have been contacted by this company with unwanted solicitations. This time it was their "Senior Vice President". Each time they text me or call me, it's always from a different...

Joe H.
10/11/2024

Believe all of the reviews. There are options. Any other lender has better service, better response times and is more efficient. This bank is not interested in customer satisfaction. Try calling...

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