Message from Marc

June 2023

Dear loyal Third Federal customer, 

Strong. Stable. Safe. Those three words have set us apart from other banks since my parents founded Third Federal in 1938.

This year, we are proud to celebrate 85 years of commitment to our mission of helping customers achieve the dream of homeownership and being a safe haven for deposits. It’s a milestone built on a foundation of strength and security, the faith you have in us, and our value system of love (genuine concern), trust, respect, and a commitment to excellence.

As either a current Third Federal depositor (prior to May 15, 2023), or a borrower as of January 17, 1996, with a loan that is still active, you are a voting member of our Mutual Holding Company (MHC).

Each year, we ask you to vote FOR a proposal for our MHC to waive its receipt of cash dividends during the year.

Because we are required by regulators to solicit your vote annually for our MHC to waive its receipt of cash dividends, we are asking you once again to vote FOR the waiver in 2023.

We need a majority of the eligible votes of our members to approve the dividend waiver, so we truly need your vote FOR the waiver.

If you do not cast a vote on the dividend waiver proposal, it will have the same effect as a no vote. 


On behalf of Third Federal, I thank you for your continued support. 

Marc A. Stefanski 
Chairman and CEO