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The Federal Savings Bank
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8 reviews

The Federal Savings Bank Employer Reviews

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Ok Expericence
MORTGAGE COORDINATOR (Former Employee), Chicago, ILOctober 30, 2014
Work environment is amazing, cowokers are very friendly and there is a lot of space to walk around if your get easily tired of sitting. Very clean space. Management mainly cares about there high producers and what is in there best interest to keep them with the company.
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Unorganized in development of Deposit and General Ledger Accounting
Accounting specialist (Former Employee), Overland Park, KSAugust 18, 2014
Pros: very good department environment in the overland park kansas office
Cons: chicago office taken on more than they can handle or have knowledge of bank accounting
The Federal Savings Bank is mainly a Mortgage Loan institution.
They are still in the growing stages of their Deposits and Deposit operations.
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Good Experience
Closing Department (Former Employee), Chicago, ILJanuary 7, 2014
Pros: a lot of good people work here and co-workers were always willing to help me out.
Cons: the work is highly repetitive in nature (i guess what work isn't though?).
9 hour shift with 1 hour lunch break (or less if you prefer), M-F. 40 hour work week expected for my department, sometimes slightly more.
Co-workers in my department were the best part about working here. My managers were also terrific to work with. As busy as things could get, people always made time to answer my questions.
The hardest part of the job were the last few days of the month. Everyone is trying to push as many loans thru as possible and it is not pleasant dealing with seemingly incompetent title companies, while also dealing with angry loan officers (who themselves are dealing with angry clients).
The best part of the job was being done with loan files, knowing you had assured their quality. Also it was nice being thanked by the people who knew how much work you put into spotting and correcting any problems.
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It was a great experience, wonderful people, good benefits
Sr. Loan Closer/Funder FHA, VA, CONV (Former Employee), Naperville, ILOctober 3, 2013
Pros: flexable hours
Cons: no casual dress days
It was a very positive experience but sadly short lived.
Nice group, great closing team, good location and nice compensation and benefits.
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Veteran-owned, federally chartered bank
Vice President/Controller (Former Employee), Overland Park, KSAugust 29, 2013
Diverse team of banking and mortgage experts with a focus on educating customers about the mortgage process and providing opportunity for home ownership
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excellent
Loan Quality Analyst/Sales Assistant (Current Employee), Naperville, ILJune 21, 2013
Pros: friday jean day
Cons: travel
I am in the underwriting department. Excellent coworkers and great teamwork
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very supportive of staff
Mortgage Loan Officer (Current Employee), Bolingbrook, ILDecember 10, 2012
Very reliant on self motivation as all loan officers have the ability to have an unlimited income based on productivity.