January 2017

One of the ways Third Federal differentiates itself from other financial institutions is our commitment to our values. While many companies claim to follow a set of values, we rely on the values of Love, Trust, Respect, Commitment to Excellence and Fun to guide the decisions we make every day.

Staying true to our values keeps all of our associates focused on consistently doing the right thing for our shareholders, customers, communities and one another. Our values have stood the test of time, and served us well when some of our competitors were putting borrowers into homes they simply could not afford. We never did that.

This year, I am happy to report that Third Federal enjoyed its most profitable year ever as the housing market has continued to improve. As we have continued to grow the company, buy back shares, and pay dividends, we have seen our stock price reach an all-time high. To all our shareholders, thank you for your continued trust in us.

To our customers, thank you for your business and ongoing support. Our focus every day is to deliver the products and services you want and need, and then to follow up with the best customer service in the industry. None of our associates are on commission and we don’t have sales quotas so that our associates are focused on your best interests. Thank you for the opportunity to serve you.

Finally, we know that we can only be as successful as the communities we serve. We remain focused on supporting our neighborhoods to ensure they remain vibrant and stable.

Love, Trust, Respect, Commitment to Excellence and Fun – these continue to serve as the foundation of our success. Thank you from the bottom of my heart for making this year one of the best ever at Third Federal.

Bank Smart. Live Better.
Marc A. Stefanski
Chairman and CEO