Liberty Bank for Savings

BankingIllinois, United States51-200 Employees

Liberty Bank for Savings is a community banking institution with five branches on the northwest side of Chicago, focusing on helping people buy homes and save for the future. The bank was founded in 1898 by Bucktown residents who pooled their resources to assist home ownership, and its mission remains aligned with serving customers rather than pursuing profits. It operates without corporate owners or stockholders and answers to its customers, aiming to pass profits to customers through low fees and competitive rates. Liberty Bank is a member of the FDIC and an Equal Housing Lender, with NMLS number 787575; BauerFinancial has given it a five-star rating for more than 34 consecutive years, and it received the BBB Torch Award for Ethics in December 2022. Recent developments include the appointment of Timothy Smigiel as President in January 2026, expansion of offices to Springfield, Massachusetts in 2023, and the launch of the Alkami Digital Banking Platform in 2023. The institution is located at 2392 North Milwaukee Avenue, Chicago, Illinois 60647, United States, and employs between 51 and 200 people.

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