-
October 2023 by Craig Brown
Very difficult to deal with Third Federal if you predominantly receive income via RSUs. Will need to submit all the below evidence regarding your equity income.Verify that the restricted stock used to qualify is fully vested and the current employer has distributed the stock to the borrowerwithout any restrictions and is expected to continue for a minimum of 3 years from the date of the mortgage application• Past 2 years W-2s• Most recent 30 days pay stub(s) indicating year-to-date earnings and evidencing receipt of RS or RSU (RS Restricted stock) (RSU Restricted stock unit)• Evidence of receipt of past years payouts of RS or RSU with bank or brokerage statement(s) evidencing transfer of shares orfunds, dates of the payouts, number of vested shares or cash equivalent distributed to the borrower• Copy of the RS or RSU agreement(s)• Most recent vesting schedule(s) detailing past and future vesting• Must provide documentation evidencing the stock is publicly tradedThird Federal should be avoided.
-
July 2023 by Philip Glotzer
We took a Home Equity Loan from Third Federal. Barbara Drummey from the St, Pete branch assisted us in securing all of the necessary information. She was extraordinary and expedited the closing for us.Racquel Ferreira conducted the closing in the Sarasota branch.She was extremely professional and a pleasure to work with.I highly recommend Third Federal. They have the lowest borrowing rates and their staff are exemplary.
-
March 2023 by Rachel Wasserman
I used THIRD FEDERAL as my mortgage lender when i bought my first home about 20 years ago, and also have a CD and savings account with them. i have found that their online and in-person customer service at their Sarasota branch is outstanding!
-
March 2023 by Dave M
I tried to open a joint savings account online and after 4 days and several phone calls I gave up. Worst process I have ever encountered. In addition, they wanted to pull a credit report...to open a SAVINGS account! Terrible customer service. They just don't care.
-
September 2022 by Classic Cars Of Sarasota (Classic Cars of Sarasota)
Predatory lender in every way if I could give negative 50 stars I would the refused to send statements and told me I had to drive to a branch for payments I was on phone 3 hours for hold to talk to a live person who then the first 30 min could not find my account even with my number. I paid off the very small loan to get rid of the loan. I would NEVER do business with this bank
-
June 2021 by David Deakin
Watch out for this bank. They will add hidden fees and charges and no one will return calls or emails to help out. Worth it to pay a little higher rate at a more reputable bank than deal with them.
-
June 2021 by Robyn Deakin
The customer service and communication at this bank is really bad. They dinged my credit report for a late payment that they did receive on time and now no one there will help get it removed.
-
June 2021 by Michael Redom
This bank is a waste of time. Promised a rate they couldn't actually do.
-
February 2021 by Steve Kovalick
Best Bank I've ever used. Came with me to my home closing to make sure everything went well. Has been very helpful with any of my requests.
