Working at The Federal Savings Bank | Glassdoor

The Federal Savings Bank Overview

Chicago, IL
201 to 500 employees
2011
Company - Private
Banks & Credit Unions
$25 to $50 million (USD) per year
Unknown
We are a veteran-owned, federally chartered bank with a focus on educating our customers about the mortgage process and providing opportunity for home ownership.

Mission: We have a mission to be recognized as the best bank in the United States, consistently delivering a high level of customer service and satisfaction.

The Federal Savings Bank Reviews

3.5
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Stephen M. Calk
83 Ratings
  • "The bank's #1 strength is the sense of Team and Teamwork"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Banker in Vienna, VA
    Current Employee - Mortgage Banker in Vienna, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Federal Savings Bank full-time (More than a year)

    Pros

    My primary reason for joining the bank was my belief that it adheres to the "One Team, One Fight" ethos I experienced and treasured in the military. It came across in my interview and I live it each day when dealing with my teammates. I've had great support from the leadership since Day 1, most particularly my supervisor. He is always available for assistance and mentorship. My team is very supportive and works hard to support my activities. I couldn't ask for better people to work with. I believe in the product and our mission of helping people buy homes - the biggest decision most will make save for starting families.

    Cons

    I honestly don't have any cons with the bank. I've never had an issue getting support or assistance. The 401k plan is sufficient for my goals. I've never experienced or perceived anything that would limit my ability to achieve all my professional goals with the bank.

    Advice to Management

    Keep doing what you're doing!

See All 130 Reviews

The Federal Savings Bank Photos

The Federal Savings Bank photo of: National Loan Production Office
The Federal Savings Bank photo of: TFSB - Who We Are
The Federal Savings Bank photo of: TFSB - What We Value
The Federal Savings Bank photo of: TFSB - Why We're Different
The Federal Savings Bank photo of: Reception Area
The Federal Savings Bank photo of: halloween costume competition
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The Federal Savings Bank Interviews

Experience

Experience
54%
23%
23%

Getting an Interview

Getting an Interview
54%
23%
15%
8

Difficulty

1.9
Average

Difficulty

Hard
Average
Easy
  1.  

    Operations Interview

    Anonymous Employee
    Accepted Offer
    Neutral Experience
    Easy Interview

    Application

    I applied through a recruiter. The process took 3 days. I interviewed at The Federal Savings Bank in September 2016.

    Interview

    I did not apply.
    I was recruited (twice)...

    The first time I denied the offer and took another job with better pay.

    Eventually I was recruited again offered better deal (Far below the job position average).

    5 min interview

    I was offered the job 2 days later

    Background:
    I was extremely well qualified.
    Fresh out of college with two legit jobs.

    Interview Questions

    • Do you know Excel?   1 Answer
    • Underwriting experience on your resume.. Please elaborate. Can you explain what you were responsible for?   1 Answer
See All 13 Interviews

The Federal Savings Bank Awards & Accolades

  • Inc. 5000 Fastest Growing Private Companies in America, Inc. 5000, 2017
  • Top 100 Mortgage Companies in America, Mortgage Executive Magazine, 2017
See More

Pledges & Certifications

Veteran Hiring Commitment

Committed to helping America's military veterans find work

First Job Programs

Maintain entry-level hiring and career development programs to give people career starts

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