Warsaw Federal Savings and Loan has had offices on the same street -- Warsaw Avenue, Cincinnati, Ohio -- for well over a century. It retains its neighborhood orientation, while offering products that compete with nationwide banks.
Warsaw Federal Savings and Loan Association was founded in 1893 on Warsaw Avenue, Cincinnati, Ohio. The bank has moved a couple of times since then into newer and better buildings, and acquired a second site in nearby Sayler Park, but its headquarters have had a Warsaw Avenue address throughout its history. The bank is a member FDIC and an Equal Housing Lender.
Warsaw Federal Savings and Loan has several types of savings account available. As of mid 2010, its highest yield savings account is the Premier Savings account, which offers tiered rates depending on the amount deposited.
There are three checking accounts, all interest-bearing, and one of which (Free NOW) requires no minimum balance to earn a yield. Its Premium NOW checking account pays a higher rate than many savings accounts. The website does not indicate the availability of a money market account.
The bank offers CD rates with terms ranging from six months to five years, an 18-month variable rate IRA and fixed rate IRAs from one to three years.
Although this bank offers free online banking, all checking and savings accounts must be opened in person.
The bank offers home mortgage loans, home equity loans and lines of credit, passbook loans and personal loans. Real estate investment loans are indicated as "currently not available."
As of 2010, Warsaw Federal Savings and Loan has a Better Business Bureau A+ rating and is a BBB Accredited Business. The BBB web site says that the organization "has processed no customer complaints on this company in its three year reporting period."