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The Federal Savings Bank Claimed Company
We are a privately held veteran-owned, federally chartered bank primarily focused on educating our customers and expanding home ownership in America. read more
The Federal Savings Bank Company Culture
The Federal Savings Bank Culture
This score is derived from employee ratings & reviews3.8/5
The Federal Savings Bank's Overall Culture is rated B
Top Rated Culture Dimensions
CEO Rating
A+Leadership
B+Meetings
B+Manager
BTeam
BThe Federal Savings Bank CEO
Top 5%Top 5% of Similar Size Companies on Comparably
John Calk
81 /100
See More
Diversity at The Federal Savings Bank
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterWomen at The Federal Savings Bank
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterThe Federal Savings Bank eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 50%Top 50% of Similar Size Companies on Comparably
Recommend to a Friend?
0
The Federal Savings Bank employees are 0% more likely to recommend The Federal Savings Bank as a great place to work
| 44% | Promoters |
|---|---|
| 12% | Passives |
| 44% | Detractors |
Working at The Federal Savings Bank
Working at The Federal Savings Bank is rated average by 24 employees, across various culture dimensions. The Federal Savings Bank employees are most satisfied about CEO Rating, Leadership, and Meetings categories, putting The Federal Savings Bank’s culture in the Top 35% compared to similar sized companies on Comparably and in the Top 50% compared to other companies in Chicago. See below in detail how working at The Federal Savings Bank was rated by employees.
Overall Company Culture at The Federal Savings Bank
B
Overall Company Culture at The Federal Savings Bank is rated B
Last updated months ago
Top
35%
The Federal Savings Bank ranks in the Top 35% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterThe Federal Savings Bank Employee Reviews
Out of 25 The Federal Savings Bank employee reviews, 86% were positive. The remaining 14% were constructive reviews with the goal of helping The Federal Savings Bank improve their work culture.
| Positive Reviews | 86% |
|---|---|
| Constructive Feedback | 14% |
Positive Reviews From The Federal Savings Bank Employees
- What is most positive about the culture and environment at your company?The bank is largely focused on mortgage and so it alinged with what I do
- What are some of the best things about your team?Feels like family. Very collaborative
- What do you like best about the leadership team?Down to earth and good people
Constructive Feedback From The Federal Savings Bank Employees
- Why do you feel undervalued and what would make you feel better about your compensation?Yes I do it’s not gre
The Federal Savings Bank Company Information
The Federal Savings Bank Company Overview
We are a privately held veteran-owned, federally chartered bank primarily focused on educating our customers and expanding home ownership in America.
The Federal Savings Bank was founded in 2012 and its current CEO is John Calk. Since its inception 14 years ago, The Federal Savings Bank has grown to 1020 employees.
| Headquarter | 300 N. Elizabeth St. #3E Chicago, IL 60607 United States of America |
|---|---|
| Website | www.thefederalsavingsbank.com |
| Founding Date | 2012 |
| Company Status | Private |
| Jobs | www.thefederalsavingsbank.com/about/careers?ref=overview |
| Social Sites |
The Federal Savings Bank Competitors
The Federal Savings Bank competitors include Rate and loanDepot. The Federal Savings Bank ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how The Federal Savings Bank compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
The Federal Savings Bank Employees
The Federal Savings Bank has 1020 employees. 24 employees at The Federal Savings Bank have reviewed The Federal Savings Bank across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 24 The Federal Savings Bank employees give their leadership a grade of B+, or Top 20% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at The Federal Savings Bank are not very pleased with their total compensation at The Federal Savings Bank, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at The Federal Savings Bank are pleased with their team. 24 Participants grade the quality of their coworkers a B. The majority believe the meetings at The Federal Savings Bank are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at The Federal Savings Bank believe the environment at The Federal Savings Bank is positive. Most Participants believe the pace of work at The Federal Savings Bank is comfortably fast. About 25% of the employees at The Federal Savings Bank work 8 hours or less, while 13% of them have an extremely long day - longer than twelve hours.
Overall, the employees at The Federal Savings Bank are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining The Federal Savings Bank - Employee Onboarding
The prevailing opinion from Comparably users in Chicago about their company is that it was prepared on their first day. Chicago employees concluded that their overall onboarding experience was positive. 71% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
The Federal Savings Bank KPIs and OKRs
At this moment no The Federal Savings Bank employees have provided insight into whether or not they clearly understand The Federal Savings Bank's KPIs and OKRs.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
The Federal Savings Bank CEO & Leadership
The Federal Savings Bank CEO - John Calk
81 /100
The Federal Savings Bank’s CEO John Calk started in this role in 2019. John’s approval rate is in the Top 5% of all CEOs of similar-sized companies on Comparably, and in the Top 5% compared to the CEOs of all other companies in Chicago. The Federal Savings Bank’s CEO is highly regarded especially by Caucasian employees, employees with Over 10 Years experience, and Male employees. Compared to The Federal Savings Bank’s competitors, John Calk ranks right above Rate CEO Victor Ciardelli. Under Calk’s leadership, The Federal Savings Bank employee respondents are most happy about their Leadership and the company’s Meetings. Retention and Compensation are two areas, according to respondents, where The Federal Savings Bank could stand to see real improvement.
The Federal Savings Bank Leadership
The The Federal Savings Bank Executive Team is rated a “B-” and led by CEO John Calk, Senior Vice President Alexander Romo, and Sr. Vice President Jay Varghese
John Calk CEO / President
John Calk serves as the CEO / President of The Federal Savings Bank.
Alexander Romo Senior Vice President
Alexander Romo serves as the Senior Vice President of The Federal Savings Bank. Alexander started at The Federal Savings... read more
Jay Varghese Sr. Vice President
Jay Varghese serves as the Sr. Vice President of The Federal Savings Bank. Jay started at The Federal Savings Bank in... read more
David Singer Senior Vice President
David Singer serves as the Senior Vice President of The Federal Savings Bank. David started at The Federal Savings Bank... read more
Epi Almodovar Senior Vice President
Epi Almodovar serves as the Senior Vice President of The Federal Savings Bank. Epi started at The Federal Savings Bank... read more
Rusty Tucker Senior Vice President
Rusty Tucker serves as the Senior Vice President of The Federal Savings Bank. Rusty started at The Federal Savings Bank... read more
Shawn Spreitzer Senior Vice President
Shawn Spreitzer serves as the Senior Vice President of The Federal Savings Bank.
Amir Zandifar Vice President
Amir Zandifar serves as the Vice President of The Federal Savings Bank. Amir started at The Federal Savings Bank in... read more
The Federal Savings Bank Salaries
How much does The Federal Savings Bank pay?
How much do people at The Federal Savings Bank get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at The Federal Savings Bank is $98,505, or $47 per hour, while the estimated median salary is $106,323, or $51 per hour.
At The Federal Savings Bank, the highest paid job is a Director of Engineering at $187,830 annually and the lowest is a CS Rep at $43,335 annually. Average The Federal Savings Bank salaries by department include: Legal at $131,109, Finance at $72,970, Product at $125,303, and Business Development at $86,925. Half of The Federal Savings Bank salaries are above $106,323.
8 employees at The Federal Savings Bank rank their Compensation in the Bottom 40% of similar sized companies in the US (based on 24 ratings) while 8 employees at The Federal Savings Bank rank their Perks And Benefits in the Bottom 45% of similar sized companies in the US (based on 8 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $63k | $63k | 1st Percentile |
17th Percentile $85k | $85k | 17th Percentile |
33rd Percentile $103k | $103k | 33rd Percentile |
50th Percentile $165k | $165k | 50th Percentile |
67th Percentile $217k | $217k | 67th Percentile |
83rd Percentile $273k | $273k | 83rd Percentile |
100th Percentile $286k | $286k | 100th Percentile |
$98,505*
Average Compensation
$106,323*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
The Federal Savings Bank Salaries by Department
Diversity & Inclusion at The Federal Savings Bank
The Diversity score provides insights into how diverse employees feel and rate their work experience at The Federal Savings Bank across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
The Federal Savings Bank Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
Financial Benefits
- 401K / Retirement Plan
Office Perks
- Work From Home Policy
The Federal Savings Bank PTO
The Federal Savings Bank's PTO and Vacation policy typically gives 0-10 days off a year.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
The Federal Savings Bank Careers
The Federal Savings Bank Jobs
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Frequently Asked Questions regarding The Federal Savings Bank
What is The Federal Savings Bank address?
The Federal Savings Bank location is at 300 N. Elizabeth St. #3E
Who is the CEO of The Federal Savings Bank?
The Federal Savings Bank CEO is John Calk, their score by employees is 81
What is the salary for Sales Associate in The Federal Savings Bank?
Sales Associate average salary in the US is 56k
What are the salaries in the HR in The Federal Savings Bank?
The average salaries for HR in The Federal Savings Bank is 110k
How many employees work in The Federal Savings Bank?
The Federal Savings Bank has 1020 employees
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