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The Federal Savings Bank

4.5

About this business

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. With our high standards for customer satisfaction, employee professionalism, and the ability to lend across all 50 states, we provide the opportunity for home ownership. 

Location details

961 Morris Park Ave, Bronx, NY, 10462, United States

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WeekdayScheduleStatus
Mon8:30 a.m. to 5:30 p.m.
Tue8:30 a.m. to 5:30 p.m.
Wed8:30 a.m. to 5:30 p.m.
Thu8:30 a.m. to 5:30 p.m.
Fri8:30 a.m. to 5:30 p.m.
SatClosed
SunClosed
4.5615 reviews
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JEFFREY B's profile image
JEFFREY B 
3 years ago

I am on the tail end of my closing and am happy to say my wife and I have an excellent interest and APR rate now. Although we were not able to have the Appraisal we were expecting, we are able to use our equity to ensure to value is raised to our expectation and comfort. The Federal Savings Bank was very clear and concise in every communication and timely on every interaction including closing for us. I would highly recommend them for any VA and other home Loan. 

Isaiah K's profile image
Isaiah K 
3 years ago

Working with **** was great! Made the process very smooth and kept us updating almost everyday with where we were at in the process and what we were waiting on. Communication was awesome. Anytime we had questions, **** provided us with answers including articles and links that helped explain in further detail. Really made us feel at ease as first time home buyers! Thanks a *******************! 

Sarge M's profile image
Sarge M 
3 years ago

The staff is VERY FRIENDLY, HELPFUL and PROFESSIONAL. They talk to the customers and work very hard to answer questions in a timely matter. 

CLAIRE B's profile image
CLAIRE B 
3 years ago

the transaction was great with a lot if help from Raza and Brooke.They are a great team and i am so gratefull to them,a lot of paperwork but they helped me so much on this journey. 

Steven J's profile image
Steven J 
3 years ago

Let me just say ******************************* is top notch. Was in the middle of a refinance with another lender when i received a call from ****. I wasn't interested in talking with anyone else but he changed my mind. Told me he would take care of me and it would be worry free. Skeptical at first but **** was true to his word. If you're in the process or even remotely thinking about refinance **** is the guy to go to. 

James D's profile image
James D 
3 years ago

Outstanding service beginning to end., thank you all for a smooth process. 

Laura W's profile image
Laura W 
3 years ago

My husband asked me to call *************************** to refinance our home. I had assumed that someone else - like a family friend or trusted coworker - had recommended him to us, but it turns out, my husband got the name and number from a mailer and had no further information about ***** or his company. Immediately, I researched The Federal Savings Bank to see if they were reputable. There were a few concerning reviews that contained stories about extended closing times, less money paid out due to hidden fees, and compli... read more

Justin C's profile image
Justin C 
3 years ago

I am a Realtor and an active real estate investor. Apart from dealing with numerous mortgages for my own properties, I've taken clients through hundreds of loans and loan applications over the past 25 years. This was without a doubt the worst experience I've ever had. There was No followup. After a 4 month review and processing period, we finally got an appraisal back. The appraisal was worthless, and did not reference any comparable properties, neighboring property values, etc. and despite coming in at less than half of the... read more

Business response:

Hi ******,We regret to hear you had a negative experience with us. We would like to look into this further on your behalf. If you have any additional details to share on your experience including the name of your mortgage banker, please email us at ************************************************** you,Customer Support 

DORIS S's profile image
DORIS S 
3 years ago

Having ******************************* as my Loan Officer, a person who displays a lot of professionalism, knowledge and expertise in charge of my loan process from start to finish deserves not 5 star but a 10 star rating!!! THANK YOU!!!! 

Frequently asked questions about The Federal Savings Bank

How is The Federal Savings Bank rated?

The Federal Savings Bank has a 4.5 star rating with 615 reviews. 

When is The Federal Savings Bank open?

The Federal Savings Bank is closed now. It will open on Monday at 8:30 a.m. 

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