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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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Susan L's profile image
Susan L 
2 years ago

I hate refinancing cold calls, yet Im happy with the results of this one. I didnt want to refinance, but I needed money for home repairs. My interest went up about 2% with this refinance, but I got the money I needed and am paying off all my credit cards. This transaction will save me money in the long run. I have refinanced a few times to get lower interest rates and clean up my credit after my husband passed from cancer. Your Federal Savings Bank was the most thorough in paperwork needed and processing the whole transactio... read more

Kristen E's profile image
Kristen E 
2 years ago

I loved that there was 1 person responsible for my loan. Great communication. 

Chaundra V's profile image
Chaundra V 
2 years ago

The absolute best home purchasing experience ever! With this bank, my family had the smoothest closing process possible, I am sure! 

Kerry C's profile image
Kerry C 
2 years ago

This was a very smooth process and would highly recommend this company. 

Audrey M.'s profile image
Audrey M. 
2 years ago

Wonderful experience going through this Loan process. Smooth sailing from cradle to grave. Had my funds in less than 3 days. 

Terrence W's profile image
Terrence W 
2 years ago

The staff of Federal savings bank were outstanding from start to finish 

Jaekil L's profile image
Jaekil L 
2 years ago

Initially I searched on the web to find the best interest rate for my investment property and found FSB provides the best rate I can find, which was *****% as of June 8, 2022.But the next day, the Banker said the interest rate is ****% because my loan doesn't fit with the product, even though I gave the necessary information to decide what product I need.I was kind of OK with that initially, which the banker may miss, though.Then when I got the loan estimate doc later, and the rate went up again to 5.0% and the banker said t... read more

DJ R's profile image
DJ R 
2 years ago

******************* is a very knowledgeable and professional asset to your team. I loved working with him through the entire process and he never shied away from any of my questions. I highly recommend you guys. 

Hannah O's profile image
Hannah O 
2 years ago

The team was very helpful and communicative during the whole process which made everything go quite smoothly. They were patient and understanding with delays in getting necessary documents and were always available when I had questions. When there was an issue that came up, they worked hard to make it right. I have now done both my first mortgage and refinance with Federal Savings and would go through them again if I ever needed to. 

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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