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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

2300 Fall Hill Ave Suite 240, Fredericksburg, VA, 22401, 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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Rosemary K's profile image
Rosemary K 
a year ago

Federal savings bank and our banker were very professional and knowledgeable . Answered all questions and always called back immediately.This was the fastest and smoothest Refi We have ever done. I would give my banker 10 stars if I could. 

Arthur T's profile image
Arthur T 
a year ago

Still waiting *****************************, Senior Vice President to call me back about my VA Loan. This is the second time *** waited over a week for her to get back to me. Its funny because her page on the website says she prides herself for knowledge of VA Loans and her focus is to help the Veterans. Whats even worse is that this company is suppose to be Veteran owned as well. On top of that I have to use a VA Aprroved Builder, so I got their list of VA Approved builders, chose one and now all of a sudden they want to bl... read more

Cathy B's profile image
Cathy B 
a year ago

************************* was very officiant and made sure to communicate with us as needed. She's also very knowledgeable and we appreciated the quick answers when we had questions. She's also very personable and we felt like we were working with a friend. Thanks so much ******!*************************** was also very officiant and made sure we knew what the next steps were once we got to his part of the loan process. Thanks *******! 

Chris A's profile image
Chris A 
a year ago

************ did a phenomenal job with our home lending process from start to finish. She is a consummate professional and will hand any of your needs with complete transparency. Getting a home loan is a process that takes time and patience, many things can happen unexpectedly. This is where **** did a outstanding job with keeping us informed and answering our calls in a timely manner. The Federal Savings Bank is luck to have an employee such as **** because she is a valuable asset! 

Susan M's profile image
Susan M 
a year ago

Started a mortgage loan with them in May. As of November 9, 2023 nothing has happened. I had to pay for an appraisal and termite inspection, which I am out over $600. They never contacted me to say that my loan was approved or disapproved. As of today I am still waiting to hear from them. I would not recommend them at all. 

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. Could you please provide us the name of your banker along with any additional details you'd like to share on your experience via email at ********************************************* Thank you,Customer Support 

Jamie M's profile image
Jamie M 
a year ago

We couldnt have asked for a better company to work with. *********** was knowledgeable, kind, and has exceptional, customer service! we will be back to work him in the future! 

Ronald R's profile image
Ronald R 
a year ago

***** was great... He was a major part to ensure the process was successful... 

Tyler S's profile image
Tyler S 
a year ago

*** was a fantastic banker from start to finish. We came in with a very rushed closing and bad taste of previous lenders and were very happy when we were told we wouldn't have to move back our closing date. He was very communicative and friendly from our first interaction with him via phone to our closing where we were able to meet him in person. All in all, I truly think that after our experience with *** and his team we will never look elsewhere for any future lending needs. 

Tai´Sheree M's profile image
Tai´Sheree M 
a year ago

Illegally accessed my credit profile without my consent resulting in an unauthorized inquiry. ************************* contacted me by phone I inquired about HELOC. This is by far one of the worst experiences I have ever w/ a banking institution as they are dishonest, greedy, unethical and unprofessional. After reviewing the Lending Tree website, having entered some BASIC information; within seconds I received a phone call from ************************* at Federal Savings Bank on 10/25/23 at 4:52PM (7 minute phone call) 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 you'd like to share on your experience please email us at ********************************************* Thank you,Customer Support 

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 open now. It will close at 5:30 p.m.  

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