In an announcement with Mayor Emanuel, the Federal Savings Bank says it will be moving its headquarters from Kansas to Chicago, bringing with it 100 new jobs.
The military veteran-owned bank will be located at one of its current Chicago locations and accepting applications for the new positions.
From the Chicago Tribune:
In 2012, the bank opened a national home loan center in Chicago, an addition that created more than 300 new jobs, including lenders, processors and underwriters. That home-loan center was funded in part by state and local incentives, but the bank said it’s not receiving any breaks for the new relocation of its headquarters.
Steve Calk, chairman and chief executive of The Federal Savings Bank, cited Chicago’s infrastructure, transportation access and talent pool in making the move.
The Chicagoland Chamber of Commerce supports Mayor Emanuel’s efforts to attract company headquarters to Chicago, creating jobs and fostering economic development.
Click here to read the full Chicago Tribune story.