Letter from the President


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Hello and thanks for visiting Maspeth Federal Saving’s website. We started the bank in 1947 as a locally-owned Savings and Loan Association to help our neighbors achieve the American dream.  Today, homeownership remains a top priority for young families and our top-notch mortgage reps are here to help you sort through the process of buying your first home.

MFS branch locations offer convenient amenities, such as free coffee, children’s coloring station and free WiFi, to make your visit comfortable and efficient.  If you can’t make it to a branch, we offer a full suite of online banking options, including bill pay and remote capture from your smart phone.  Download the MFS app and start banking with us today!

Maspeth Federal is proud to have an independent, locally-raised board of directors ready to make decisions in quick response to your needs.  Financial security is the key to our success, with more than $550 million in reserves; we are consistently designated by the FDIC as “Well-Capitalized”.

Your Maspeth Federal deposits are invested back into your community through loans to your neighbors, friends and local businesses.  Our employees are proud members of numerous community-service and charitable organizations.  All helping to make our neighborhoods better for our children, families and neighbors.

Maspeth Federal is your neighborhood bank that “Treats you like Family”.

Thomas Rudzewick, President & Chief Executive Officer

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