Bank
The Federal Savings Bank
The Federal Savings Bank, headquartered in Chicago, IL, is a veteran-owned, federally chartered institution primarily focused on residential mortgage lending, offering VA, FHA, and conventional home loans to support veterans, active military personnel, and first-time homebuyers nationwide, complemented by essential banking services such as high-interest checking and savings accounts.
Key Statistics
As of December 2025, public records show The Federal Savings Bank has originated approximately $2.4B in loan volume over the past 12 months, with an average loan size of $331k.
Volume (12mo)
$2.4B
Avg Loan Size
$331k
Total Mortgages
31,942
Total Borrowers
134
Lending Entities
The Federal Savings Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
21,216 mortgages recorded
10,708 mortgages recorded
+1 more not shown
Geography
The Federal Savings Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 466
Volume (12mo): $195.3M
Total Volume: $792.7M
Mortgages (12mo): 430
Volume (12mo): $173.7M
Total Volume: $511.3M
Mortgages (12mo): 421
Volume (12mo): $155.4M
Total Volume: $622.6M
Top Borrowers
The following individuals have the most recorded mortgage transactions with The Federal Savings Bank. Click on a borrower to view their full investor profile.
+131 more not shown
FAQ
What type of lender is The Federal Savings Bank?
The Federal Savings 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 (2%) and personal loans in their portfolio.
What entities does The Federal Savings Bank fund loans under?
The Federal Savings Bank originates mortgages through 3 different lending entities. The most common include Federal Savings Bk and First Fsla. These are the legal entity names that appear on recorded mortgage documents.
Where is The Federal Savings Bank most active?
Based on recorded mortgages, The Federal Savings Bank is most active in Virginia, North Carolina, and Illinois.
How many loans has The Federal Savings Bank originated?
Public records show 31,942 mortgages recorded for The Federal Savings Bank, with $2.4B in volume over the past 12 months.
What is the average loan size for The Federal Savings Bank?
The average mortgage size for The Federal Savings Bank is $331k based on all recorded mortgages.
Does The Federal Savings Bank offer short-term loans?
The Federal Savings Bank primarily offers long-term financing, with only 4% 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.