The Federal Savings Bank
W. Fulton Market and N. Elizabeth St.
Little did I know two years ago when I first photographed this building that the bank would play a part in the conviction of fixer Paul Manafort, who received a loan amounting to 25% of the bank's equity capital. The bank's president unsuccessfully lobbied for the Secretary of the Army position in the new administration. NOTE: The bank's former CEO is under indictment; his brother is now running the company. It was announced last month the bank is moving its headquarters to a former Marshall Field & Co. warehouse at 4000 W. Diversey Ave. NOTE 2: Stephen Calk, the former CEO of The Federal Savings Bank, was found guilty of financial institution bribery and conspiracy to commit financial institution bribery after a three-week trial in Manhattan in July 2021.
The Federal Savings Bank
W. Fulton Market and N. Elizabeth St.
Little did I know two years ago when I first photographed this building that the bank would play a part in the conviction of fixer Paul Manafort, who received a loan amounting to 25% of the bank's equity capital. The bank's president unsuccessfully lobbied for the Secretary of the Army position in the new administration. NOTE: The bank's former CEO is under indictment; his brother is now running the company. It was announced last month the bank is moving its headquarters to a former Marshall Field & Co. warehouse at 4000 W. Diversey Ave. NOTE 2: Stephen Calk, the former CEO of The Federal Savings Bank, was found guilty of financial institution bribery and conspiracy to commit financial institution bribery after a three-week trial in Manhattan in July 2021.