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Federal Savings Bank goes gangbusters on growth

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For the second year in a row, Federal Savings Bank is the fastest-growing bank in Kansas and, for its size, the fastest-growing bank in the United States. It’s a particularly impressive feat given that the bank was acquired out of the Brooke Corp. bankruptcy in April 2011 and had been in decline for years. Federal Savings Bank saw its assets increase by 225 percent to $237 million in 2012. It had $22 million in capital at the end of 2012, up from $3.5 million when the bank was acquired. The…

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