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Bank

Mutual Federal Bank

mutualfederalbank.com
2212 W Cermak Rd, Chicago, IL 60608

Mutual Federal Bank is a community-focused Federal Savings Bank located in Chicago, Illinois, offering a range of traditional banking services, including retail and business banking, and home mortgage lending.

Key Statistics

As of December 2025, public records show Mutual Federal Bank has originated approximately $119.9M in loan volume over the past 12 months, with an average loan size of $335k.

Volume (12mo)

$119.9M

Avg Loan Size

$335k

Total Mortgages

4,225

Total Borrowers

1,896

Lending Entities

Mutual Federal Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Mutual Federal Bank

4,222 mortgages recorded

+22 more not shown

Geography

Mutual Federal Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Ohio

Mortgages (12mo): 102

Volume (12mo): $83.1M

Total Volume: $255.3M

#2Illinois

Mortgages (12mo): 14

Volume (12mo): $5.8M

Total Volume: $915.7M

#3Michigan

Mortgages (12mo): 3

Volume (12mo): $30.0M

Total Volume: $41.6M

Top Borrowers

The following individuals have the most recorded mortgage transactions with Mutual Federal Bank. Click on a borrower to view their full investor profile.

+1,893 more not shown

FAQ

What type of lender is Mutual Federal Bank?

Mutual Federal Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (7%) and personal loans in their portfolio.

What entities does Mutual Federal Bank fund loans under?

Mutual Federal Bank originates mortgages through 23 different lending entities. The most common include Mutual Federal Bank. These are the legal entity names that appear on recorded mortgage documents.

Where is Mutual Federal Bank most active?

Based on recorded mortgages, Mutual Federal Bank is most active in Ohio, Illinois, and Michigan.

How many loans has Mutual Federal Bank originated?

Public records show 4,225 mortgages recorded for Mutual Federal Bank, with $119.9M in volume over the past 12 months.

What is the average loan size for Mutual Federal Bank?

The average mortgage size for Mutual Federal Bank is $335k based on all recorded mortgages.

Does Mutual Federal Bank offer short-term loans?

Mutual Federal Bank primarily offers long-term financing, with only 1% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.