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Employee Involvement


Jay O’Neill

President & CEO

Volunteering and giving back has been part of FSB’s corporate culture since our inception in 1890. Read more...


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About Federal Savings Bank

Since 1890, Federal Savings Bank has been helping people here at home reach their financial goals the old-fashioned way. The personal way. The right way.

Federal Savings Bank is a true community bank, a "mutual" bank. That means we're owned by our depositors — you and people just like you. So we really have to work hard for our customers and the community around us. Stop in and see the difference. Our staff works hard to let you know just how valuable you are to us.

Whether you bank in Dover, Barrington, Durham, Portsmouth or Rochester, we guarantee you'll get the most personal service, competitive rates, and the widest array of investment options and loan services. So while the other banks work hard for their stockholders, you can take stock in the fact that Federal Savings Bank works hard for you.


Federal Savings Bank, headquartered in Dover, New Hampshire, has served residents of the seacoast area of New Hampshire since 1890. Opened under the name of Dover Co-operative Savings Fund and Loan Association, its original meeting was held in the Cocheco Hose Company on First Street, where the Municipal Parking Lot is presently located. For over 65 years, the Bank, known as Dover Co-operative Bank and later as Dover Federal Savings and Loan Association, was housed in the Walker Block at the corner of Locust and Washington Streets. The present main office facility at 633 Central Avenue was constructed in 1972. The bank’s name was changed to Federal Savings Bank in 1983 to reflect a growing customer base in areas outside of Dover.

Board of Directors

The Board of Directors of Federal Savings Bank is comprised of a group of established, local business people who are committed to Federal Savings Bank's mission. Many Board members can be seen in the community supporting events and area non-profit organizations. FSB Board members include: Patricia Barbour, Michael Bolduc, James Jalbert, TJ Jean, Dana C. Lynch, James J. O'Neill, Jr., James Schulte, and Janet Sylvester.