Franco Banares Bio
Franco Banares BioThe Federal Savings Bank | Regional Sr. Vice President of Commercial Lending | Medallion Funds Strategic Partner

Franco Banares joined The Federal Savings Bank in 2012. He is currently a Regional Senior Vice President, overseeing all Commercial and Business Purpose Lending for the bank.

Franco is driven to develop bankers and empower sales leaders to reach their full potential, while also helping homeowners and business owners across America purchasing new homes or acquire all types of real estate or business purpose funds. He has an analytical and technological-based approach to sales, marketing and training, helping empower all TFSB bankers to put their best foot forward on any type of financing scenario.

Franco graduated from Northern Illinois University in 2002 with an emphasis in Operations Management and Information Systems. He started off his career at the prestigious financial advisory firm Waddell and Reed, Inc. as a licensed Financial Advisor. During his tenure, Franco heightened his financial expertise by successfully completing his NASD Series 7 securities licensing and insurance examinations.

After spending time in the financial planning arena working with various other business professionals, he discovered his true calling was in lending and banking. He felt that by helping others reach the American dream through homeownership, every single client of his was in a better position to work towards becoming financially independent. Franco entered the residential mortgage industry in 2003 when he worked with Residential Finance Corporation. Later, he joined Guaranteed Rate, and then Chicago Bancorp, where he became a top producing and award-winning Loan Originator in 2006, and then moved on to spend a decade plus overseeing three of TFSB’s loan production offices funding billions in home loans during his tenure.

Franco lives in Chicago with his wife and young daughter. When he’s not working, you can find him and his family enjoying everything Chicago has to offer including sporting events, cultural festivals, neighborhood events, fine dining, and the countless museums and landmarks.

About TFSB:

We’re created a little differently. We’re a federally chartered bank focused primarily on home lending. What does that mean to our clients? It means we have the capabilities to solve their problems no matter where they live and what they need.

Why? Because building stronger communities is what matters to us.

  • We are equipped with the team, tools, and technology to turn dreams into realities.
  • We are a bank specializing in home lending – an end-to-end custom home lending solutions provider.
  • We do this to support families in establishing their histories and legacies.
  • We are here to help families forge new paths forward and write THEIR homeownership story.

Homeownership isn’t always easy. We help our clients overcome the obstacles with an unequivocally customer-centric approach.


We’re a team with a mission: We offer home lending solutions that empower families to create a place called home.

We’re proud to lead by serving…we serve veterans, and serve our communities.