Message from Marc

November 2017

In 1938, with the confidence of the people in their neighborhood, my parents Ben and Gerome Stefanski founded Third Federal.

With the support of our customers, for nearly 80 years we’ve remained focused on our mission to help people achieve the dream of homeownership and financial security, while creating value for our customers, our communities, our associates, and shareholders.

This year, I am thrilled to report that for the second consecutive year, Third Federal enjoyed its most profitable year ever as the housing market has continued to improve and consumers regained confidence in the economy. As we have continued to grow the company, buy back shares, and pay dividends, we thank our shareholders 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.

Our values of Love, Trust, Respect, Commitment to Excellence and Fun continue to serve as the foundation of our success, and ensure all of us remain strong, stable and safe today and in the future.

From the bottom of my heart, thank you to our customers, shareholders and associates for making this year one of the best ever at Third Federal.

Bank Smart. Live Better.

Marc A. Stefanski
Chairman and CEO