About Second Federal

Second Federal Savings (Second Federal) supports your desire to establish roots in your community. In addition to a variety of conventional programs for our customers, we have designed credit and loan products to empower both documented and undocumented immigrants. We have a variety of savings, checking, certificate, and electronic banking products to help serve the financial needs of both you and your family.

Helping people to become homeowners creates a stronger community

Once a family owns its own home, there is more of a commitment to participating in schools, churches, community organizations and local businesses. Lending to our community helps families and local businesses to thrive. At Second Federal, we’ll do our best to support your goals of financial stability and home ownership.

We have a long history serving the Latino/Mexican community

Second Federal has served the financial needs of our local communities for the past 125 years. When Latino/Mexican immigrants began arriving in the late 1960s, we served as a source of credit with an emphasis placed on home ownership. Little Village has developed through the years into a vibrant Mexican barrio in Chicago. We continue to serve this exciting Latino/Mexican community and others like it throughout Chicagoland.

Friendly Bi-lingual staff to help you with your banking needs

The majority of Second Federal's staff is bilingual. You will receive personal customer service and have access to a variety of deposit products and innovative loan programs. Many people have trusted Second Federal with their banking needs for decades, taking advantage of some of our free and low-cost services. Come in and talk to us today; we'll take the time to help you with your financial services.

Second Federal pioneered the ITIN Loan Program to help undocumented immigrants buy homes

The Individual Taxpayer Identification Number (ITIN) was created for taxpayers who do not qualify for a Social Security Number. Second Federal has pioneered the ITIN Lending Program, a mortgage-lending program for undocumented immigrants that accepts ITIN numbers.