Mortgage Lender Reviews & Ratings » Federal Savings Bank

Federal Savings Bank    NMLS #411500

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Based on 2421 Verified Customer Ratings

Federal Savings Bank

About Federal Savings Bank

Overview

The Federal Savings Bank is a mortgage lender based in Chicago, Illinois. According to NMLS records, the bank is actively registered and regulated by the Office of the Comptroller of the Currency. The bank operates under the trade name Generations Bank and serves a diverse range of clients.

Business Type

The Federal Savings Bank is publicly listed as a bank, though specific details about its business structure are not provided in the NMLS records. The bank offers mortgage services, but further details on whether it focuses on purchase or refinance loans are not available.

Website Branding

The Federal Savings Bank operates under the trade name Generations Bank. However, there are no specific website URLs available from the provided data.

Headquarters

The headquarters of The Federal Savings Bank is located at 4120 W Diversey Ave Ste C501, Chicago, IL 60639, United States.

Years in Operation

Information regarding the founding date of The Federal Savings Bank is not available from the NMLS records, so the exact number of years in operation cannot be determined.

Loan Types

Specific loan types offered by The Federal Savings Bank are not detailed in the available data.

Licensing Footprint

Licensing information for The Federal Savings Bank was not available from public sources at this time.

Scale

The Federal Savings Bank currently does not have any branch locations listed, indicating a limited physical presence based on the available data.

Reputation

According to the Better Business Bureau, The Federal Savings Bank holds an A+ rating but is not accredited by the BBB.

NMLS ID

The NMLS company ID for The Federal Savings Bank is 411500. Consumers can verify the bank's license status at the NMLS Consumer Access website.

Disclaimer

This profile is for informational purposes only. The NMLS ID for The Federal Savings Bank is 411500. Licensing information is subject to change, and readers should verify details directly with the lender or at the NMLS Consumer Access website.

NMLS #411500 — Verify on NMLS Consumer Access — Profile last updated: April 1, 2026