In 1909 Prospect Federal Savings Bank was founded. During this 100 year period the bank has witnessed many events. Throughout our illustrious history, we have remained a safe place for saver's to place their funds.
Prospect Federal is a highly-rated, well-capitalized financial institution. You can feel comfortable knowing that your funds are well protected and that we have a commitment to remaining a local, independent financial institution right in your community. This is especially important during a time of economic uncertainty, when other banks have engaged in poor lending practices.
Thank you for visiting our web page. We encourage you to explore the many fine savings, investment and lending products we have to offer.
As "Good Neighbors To Know", you can be assured the local, friendly atmosphere of the bank will suit your banking needs. We hope to transact business with you now and for years to follow.
Steven F. Rosenbaum
***ALERT*** *** ALERT*** ***ALERT***
We have been advised of a computer automated telephone scam that has affected Bank customers throughout Illinois. Debit card customers are receiving automated telephone calls stating that their debit card account has been breached. The customers are told that they will need to "reset" their information in order to use their debit card account. Please remember that there are different variations of the scam and the scam artists will change their methods as people are getting smart to the scam. Whether you have a debit card issued from Prospect Federal, or from another financial institution, it is important to remember NOT to give out personal information over the telephone including Passwords or PINs.
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