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The Federal Savings Bank
- Finance
- Selbyville, DE
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
38017 Fenwick Shoals Blvd #2, Selbyville, DE, 19975, United States
Get directions| Weekday | Schedule | Status |
|---|---|---|
| Mon | 8:30 a.m. to 5:30 p.m. | |
| Tue | 8:30 a.m. to 5:30 p.m. | |
| Wed | 8:30 a.m. to 5:30 p.m. | |
| Thu | 8:30 a.m. to 5:30 p.m. | |
| Fri | 8:30 a.m. to 5:30 p.m. | |
| Sat | Closed | |
| Sun | Closed |
***** was awesome to work with . . . I wish everyone that was getting a loan could have him as their banker!!! He made the entire process seamless and each step was super easy with the portal system! Only comment is that I wish we could have saved more money on our monthly note, but for the easy of the refinance process without having to wait for an appraisal of our home, it was really worth the at this time . . . especially with such an knowledgeable, helpful banker as *****! He offered additional tips on a credit card debt... read more
My second time utilizing Art and the *** team and it was once again fantastic. Great communication, great service. THANK YOU!
Justin ******was efficient, knowledgeable and very responsive. He explained everything along the way and executed on all deliverables communicated! A job well done!
Nate ******at Federal Savings did an incredible job for us. He provided the best financial service I've ever had. He and his team knew the ins and outs of what they were doing, were always on top of things, were very professional and always friendly. They went above and beyond my expectations.
Excellent communication from start to finish. I couldn't have imagined that I would get the best rate known to humankind. My recommendation will go to family, friends and anyone that is looking for integrity in lending. Thank you Federal Savings Bank team.
I began a refi of a second home with Timothy ***** of The Federal Savings Bank in September of 2020. I was given a rate of 2.5% on $380,000. All of the usual information for a refi was requesting and supplied within 24 hours. Again as usual, more requests for info was requested and supplied. They requested I pay $494 for the appraisal. This was a little unusual as I have never had this occur before. Usually this is paid at closing, but I didn’t think too much of it and I paid for the appraisal. A few weeks later an appraisal... read more
My husband is a retired veteran. We applied for a VA streamline refinance. Communication at 1st was good... then after they suck you in communication is horrible. They promised 3 week closing. Started out in the beginning of February and April 8 received final paperwork. They decreased our loan amount and wanted us to pay out of pocket. Called the VP to complain and his message was I'll get back to you within 24 hours. No response. We finally said no... no way I'm closing this deal. BEWARE OF THIS COMPANY
Business response:
Hi James, 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 please email us directly at customersupport@thefederalsavingsbank.com Thank you, Customer Support
The overall experience is very good. I would recommend anyone to work with mortgage broker R. Schnall.
Excellent team, working with Dino was the best step we could have taken to ensure a smooth and quick transaction!
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 616 reviews.
When is The Federal Savings Bank open?
The Federal Savings Bank is closed now. It will open tomorrow at 8:30 a.m.
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