Our History

 

Over 100 years ago, Arthur J. Smith arrived from New York and used his financial expertise to provide the dream of home ownership for the growing population of Chicago.

Today, as the A.J. Smith Federal Savings Bank, the same commitment to home ownership and community banking that Arthur believed in remains.

From its Midlothian and Orland Park locations, the Bank offers a full line of retail savings and lending services in addition to insurance and investment products.

 Stop in and share a cup of coffee with us and talk to any of our long time employees and see why our customers have continued to bank with us through the generations.


FDIC Transaction Account Guarantee Program

AJ Smith Federal Savings Bank is participating in the FDIC's Transaction Account Guarantee Program.  Under this program, through June 30, 2010, all non-interest-bearing transaction accounts and NOW accounts with an interest rate of 0.5% or less are fully guaranteed by the FDIC for the entire amount in the account.  Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

 

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New Deposit Insurance Limits

On October 3, 2008 Congress Temporarily

Increased FDIC Deposit Insurance

from $100.000 to $250,000 per Depositor

through December 31, 2013