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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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Melody B's profile image
Melody B 
3 years ago

*** and ***** are the best in the mortgage business. I've done many loan transactions, and *** is the most professional, respectful and concise Banker I've ever dealt with. He is a genuine pleasure to do business with. He catches everything, and lets nothing slip by. No mistakes, and he is quick in processing. I've done business with this gentleman twice, and my husband and I are so grateful for his great service. This was the first time dealing with ***** and was so polite and efficient even though we only spoke through ema... read more

Anne M's profile image
Anne M 
3 years ago

Fantastic to work with, smooth transaction and we were kept well informed throughout! 

Carey D's profile image
Carey D 
3 years ago

All I can say is DO NOT waste your time with The Federal Savings Bank. We filled out a general form to refinance our VA home loan with cash out options. We received several calls about getting us what we needed. ************************* from The Federal Savings Bank had a lot of knowledge at the time and pretty much sold us on going with him, so we did. We turned in all our paperwork within a week and things seemed to be going great. Then ******* stop calling and returning our calls. I talked with his assistant, ******, and... 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 about your experience please email us at ************************************************** you,Customer Support 

Guadalupe L's profile image
Guadalupe L 
3 years ago

Great communication by all. The entire process from start to finish was smooth. ****** ans the team is very professional and friendly. 

Todd W's profile image
Todd W 
3 years ago

Prompt responses on questions. Friendly and quality service. Easy to work with. 

Aaron C.'s profile image
Aaron C. 
3 years ago

I received a letter from this company with an offer to refinance my house. Just like everyone else in the current economy we were struggling and I'm a veteran. The offer I received was one I could not pass up and that was for a very low interest rate on my current VA loan. I would be saving hundreds of dollars each month. I completed the application and paid the fee that I would get back once the process was completed. After two months of no communication back and no replies to messages (text, voicemails) to my agent I conta... 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 about your experience please email us at ************************************************** you,Customer Support 

Leon J's profile image
Leon J 
3 years ago

They are the best. I couldn't be happier. The refinance when well and I saved over $1000.00 dollars a month.**** J 

Jason N's profile image
Jason N 
3 years ago

The whole process was incredibly easy. Communication was outstanding. ******************** communication with my was punctual and I never felt like I was waiting long for an answer. After the last company I was dealing with, Federal Savings was amazing! 

Nicolas L's profile image
Nicolas L 
3 years ago

My wife and I just purchased our very first home. ***************************** gave us the very best experience through the entire process. He was a referral from a friend of my wife and considering the horror stories we have heard from other friends purchasing homes our experience was night and day wonderful. Very responsive to any questions we had. Made it clear and concise what was required from us. He and his team are top notch and it would be a please to do business with again when we purchase our next home. Thank you ... read more

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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