Aig Federal Savings Bank

Aig Federal Savings Bank fits the old savings-bank mold: a place for deposits, lending, and the slower kind of relationship banking that prefers steady accounts to flashy consumer features. By our assessment, that kind of institution is strongest when people want familiar banking basics and a conservative tone rather than a sprawling product universe. The trade-off is speed and range, because savings banks do not usually compete on the same app polish or branch spread as the biggest retail banks. Using one tends to feel straightforward, with fewer surprises and fewer extras to sort through. It sits between a neighborhood bank and a larger thrift-style institution, which makes it practical but not especially expansive. The name suggests exactly that narrower purpose, and it stays within it.