MortgageDepot recognizes the power of building community. We are committed to communities and local neighborhoods. We always endeavor to align ourselves with others who share that mandate. And we actively seek like-minded businesses that consider themselves an invaluable resource to the people of the communities that they serve.
Maspeth Federal Savings is one of our newest community partners. Under the leadership of Richard T. Maher, Senior Vice President, and Chief Lending Officer, Maspeth Federal brings 70 years of continuous positive community engagement to their banking customers. Maspeth Federal has as its stated mission, “to provide their customers with positive banking experience and to remain committed to being a partner with other small businesses and organizations within the community.” As a real estate banking professional, Richard T. Maher has conducted real estate valuations and appraisals since 1984, and he joined Maspeth Federal Savings seven years ago ascending to the position of Senior Vice President in 2015.
Considered a “mutual thrift” as defined by banking regulations, Maspeth Federal Savings is a financially sound, well-capitalized community bank that has never “gone public” and is a partnership between its board of directors and its depositors. To that end, in 2018, Maspeth Federal launched a first time buyers initiative and expanded its community events calendar to include educational workshops for the first time home buyer.
Maspeth Federal Savings is the “neighborhood bank” you can trust. As our partner, MortgageDepot is pleased to offer our clients the opportunity to obtain home mortgage financing for residential no income check loans, multi-family, or commercial property via Maspeth Federal Savings.