At a glance
From its website, read 2 Nov 2026First Eagle Bancshares is a bank holding company based in Chicago, Illinois. Its website describes auto loans, commercial real estate loans, credit-builder loans and 5 other loan types. Stated loan amounts run from $250 to $1M. It says it considers borrowers with low or no credit history.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (630) 893-3800 source |
|---|---|
| Website | febank.com |
| Office (official list) | 1201 W Madison St, Chicago, IL 60607 |
What their website says about applying
Applying for a Home Equity Loan is easy. Simply fill out the Consumer Loan Application and submit it along with copies of one month paycheck stubs for both the Applicant and the Co-Applicant.
sourceIf the Applicant or Co-Applicant is self-employed, also submit copies of the most recent 2-years personal and business tax returns.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Credit-builder loans | Term: see their wording | You borrow from $250 to $2,500 for 12, 18 or 24 months. | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- No or thin credit history considered
No credit history? Are you looking to boost your credit score? First Eagle’s Credit Builder Loan can help.
source - Collateral required
Available only on collateral property located in Illinois.
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank holding company |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 25 Mar 2014 |
| RSSD ID | 1492956 |
| Address | 1201 W Madison St, Chicago, IL 60607 Directions (Google Maps) |
| Website | febank.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. Business loan amounts are only partly stated and no online application for loans is described. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Auto / vehicle loans | — | We offer rates on new and used cars with fast approval. | source |
| Commercial real estate loans | — | Loans for investment properties including residential, mixed use, commercial, and industrial. | source |
| Credit-builder loans | $250 – $2,500 | You borrow from $250 to $2,500 for 12, 18 or 24 months. | source |
| Equipment loans | — | Equipment loans to expand your business. | source |
| Nonprofit / community facility loans | — | Not-for Profit Loans for schools, charities, associations. | source |
| Personal / consumer loans | — | First Eagle can handle all your personal loan needs. | source |
| SBA-backed loans (7(a)/504/Community Advantage) | — | SBA 504 financing for owner occupied (minimum 51%) commercial property. | source |
| Small-business loans | — | Business Lines of Credit to be used for working capital. | source |
Loan sizes
Minimum loan amount $5,000
sourceMaximum loan amount $1,000,000
sourceYou borrow from $250 to $2,500 for 12, 18 or 24 months.
sourceStreamlined programs for loans $350,000 or less
source
Range used for the size filter: $250 to $1M
Service area
Not stated on the pages we read.
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
No online application link found on the pages we read.
Pages read (7)
- https://www.febank.com/
- https://www.febank.com/personal/personal-loans
- https://www.febank.com/business/commercial-lending
- https://www.febank.com/personal/other-services
- https://www.febank.com/business/treasury-management
- https://www.febank.com/why-first-eagle/loan-officers
- https://www.febank.com/loan-billing-errors-or-inquiries
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What is the APR, including fees, on your auto loans and credit-builder loans?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - What interest rate and fees should I expect on your commercial real estate loans and equipment loans?
Their website does not state a rate for this. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$5.6 million in 6 awards from the U.S. Treasury's CDFI Fund, 2013–2022 (CDFI Program, Financial Assistance).
| Round year | Program | Amount |
|---|---|---|
| 2022 | CDFI Program, Financial Assistance | $560,000 |
| 2021 | CDFI Program, Financial Assistance | $525,000 |
| 2019 | CDFI Program, Financial Assistance | $525,000 |
| 2017 | CDFI Program, Financial Assistance | $686,500 |
| 2015 | CDFI Program, Financial Assistance | $2,000,000 |
| 2013 | CDFI Program, Financial Assistance | $1,347,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
FDIC, 30 Jun 2026Subsidiary bank on file with the FDIC: First Eagle Bank (FDIC cert 25883, total assets $649.6 million). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.
| Total assets | $649.6 million (as of 30 Jun 2026) |
|---|---|
| Offices | 2 (as of 30 Oct 2026) |
Offices by state and county (2)
Illinois (2 offices)
- Cook County (1): 1201 W Madison St, Chicago 60607 (main office)
- DuPage County (1): 1040 E Lake St, Hanover Park 60133
An office shows where the lender has a branch, not where it lends or whom it lends to.
What the regulator filing shows
Call Report, 30 Jun 2026A bank holding company files no Call Report of its own. These figures are from its subsidiary bank, First Eagle Bank (RSSD 759045, FDIC cert 25883), the only active bank the FDIC lists under this holding company. Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.
| Total loans and leases | $458.2 million (as of 30 Jun 2026, net of unearned income) |
|---|---|
| Change over the year | Up 12.2% from $408.3 million on 30 Jun 2025 |
| Total assets | $649.6 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| Home mortgages (1-4 family, closed-end) | $109.1 million | 23.7% |
| Home equity lines of credit | $13 million | 2.8% |
| Commercial real estate, construction and multifamily | $252.9 million | 55.0% |
| Commercial and industrial (business) loans | $13.2 million | 2.9% |
| Consumer loans (credit cards, auto, other) | $381,000 | 0.1% |
| All other loans and leases | $71.3 million | 15.5% |
None reported on the 30 Jun 2026 report: farmland and farm production loans.
Within consumer loans: auto loans $170,000.
Small business loans (original amount $1 million or less, balances on 30 Jun 2026)
| Original loan amount | Secured by business property | Commercial and industrial |
|---|---|---|
| Up to $100,000 | 12 loans $616,000 | 122 loans $2 million |
| $100,001 to $250,000 | 19 loans $3.3 million | 27 loans $3.5 million |
| $250,001 to $1 million | 60 loans $29.5 million | 12 loans $3.8 million |
| All small business loans | 91 loans $33.3 million | 161 loans $9.3 million |
Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.
Home loans reported by its bank (2025)
FFIEC HMDA data, 2025The HMDA reporter panel lists First Eagle Bancshares as the parent or top holder of this filer, which is also a certified CDFI with its own page:
- First Eagle Bank: 82 originated home loans
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets (Call Report, 30 Jun 2026) | $649.6 million | Larger than 71% of the 321 other certified banks and bank holding companies nationwide (median $381.4 million). |
| Loans as a share of assets | 71% | Median of the same 321 banks and bank holding companies: 68%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $408.3 million → $458.2 million (+12%) | Median change of 321 other certified banks and bank holding companies nationwide: +7%. Rank by loans held among these 322: 92 → 90. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Call Report total assets | other certified banks and bank holding companies nationwide | 321 | larger than 71% |
| Loans held then vs now | certified banks and bank holding companies nationwide reporting both dates | 321 | rank 92 → 90 of 322 |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section).
SBA loans approved
SBA data as of 30 Sep 2026SBA loan data names this holding company's bank, not the holding company. Its subsidiary First Eagle Bank is certified separately and shows its SBA 7(a) and 504 approvals for FY2020–FY2026 on its own page.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Chicago and Illinois
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- Fellowship Baptist Church Credit Union IncCredit union · Chicago, ILOfficial list only
- First Eagle BankBank or thrift · Chicago, ILAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Equipment loans…Verified
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