The recently acquired Generations Bank in the Kansas City area has been officially renamed The Federal Savings Bank and so far hired 20 new mortgage professionals and half a dozen operations staff for its new mortgage unit.
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The bank will continue to look to add loan originators around the country either through individual hires or company acquisitions in line with its goals of slow and methodical growth acceptable to its regulators, chairman and chief executive officer Stephen M. Calk told this publication.
Calk said the aim is to build a professional mortgage banking company within the bank with a focus on first-time homebuyers and veterans.
