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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

38017 Fenwick Shoals Blvd #2, Selbyville, DE, 19975, 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
4.5616 reviews
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David's profile image
David 
5 years ago

Mary ******* is a rockstar! Attentive, responsive, and transparent. Will definitely work with on investment properties in the future! 

Rod A's profile image
Rod A 
5 years ago

Ken was a pleasure to work with. Answered all my questions and made himself available whenever I had a question come up. Ken is an asset to this organization and I will recommend any and all who bring up the words refinance or buying a home. I was blown away by the professionalism Ken exudes and will never forget the experience. Great job from start to finish!!! 

Andy D's profile image
Andy D 
5 years ago

Outstanding experience, thanks! I will definitely recommend The Federal Savings Bank to those that are interested in a new mortgage! 

Yzhak H's profile image
Yzhak H 
5 years ago

Outstanding customer service. My Mortgage Banker really went out of his way to get me Clear to Close . THANK YOU ABRAHAM !! 

Scott G's profile image
Scott G 
5 years ago

Bill and Nelson are a great team. Refinancing has a reputation of being laborious, but the process couldn't have been easier. Really like that we were able to upload and sign documents online. Thank you guys! 

Juan's profile image
Juan 
5 years ago

Nick does what he says. Got me an even lower rate than expected! Treated us with utmost respect, kept us in the loop, and gained our trust easily by consistently doing what he said he'd do. The streamline was easy, smooth and we always knew what was happening. TFSB is definitely pro vet, and I am so grateful for Nick on my side. 2.75% rate! So so grateful! 

Larry T's profile image
Larry T 
5 years ago

Federal Savings Bank was the epitome of "bait and switch" with regards to our application to refinance our mortgage. The entire process took over two and a half months with the final closing costs ending ten times more than what was promised. Communication was non-existent when we frequently inquired about the status of our loan. After one and a half months they said an appraiser would be contacting us and that would be the final step in the process. Keep in mind that we had prepaid the $495.00 appraisal fee. After waiting o... read more

Business response:

Hi Lawrence, We regret to hear that 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 regarding your experience please send them to customersupport@thefederalsavingsbank.com Thank you, Customer Support 

Kim K's profile image
Kim K 
5 years ago

Loved working with Josh. He is easy to trust, provided great information and was very helpful in helping me understand the process. He also was great with details on what would work for me given my financial position. So glad Josh called me this last time, and will definitely seek him out the next time I have a mortgage need. 

Tired C's profile image
Tired C 
5 years ago

They use auto dialer services (3rd party) to cold call. I am tired of these unsolicited calls! Each time I receive one I will leave a complaint and hope others do as well. The original cold call message transferred me to a live agent with American Resource Center, who then prequalified me and transferred me to The Federal Savings Bank, where I was flipped to Brandon *****. I explained to Brandon (who was super professional) that the only reason I stayed on the phone was to get to the company behind this unsolicited phone cal... 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 616 reviews. 

When is The Federal Savings Bank open?

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

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