American Eagle Bank

556 Randall Road
South Elgin, IL 60177
773-328-2350
www.americaneaglebank.com

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American Eagle Bank is headquartered in South Elgin and is the 250^th largest bank in the state of Illinois. It is also the 3,603^rd largest bank in the nation. It was established in 2002 and as of March of 2012, it had grown to 24 employees at 1 location. American Eagle Bank's savings rates are 73% higher than the national average, and it has a 3-star health rating.

American Eagle Bank Routing Number: 071926281

Competitive 5-Year CD Rate at American Eagle Bank of Chicago - Local Only - 1/10/2012

American Eagle Bank of Chicago is offering some competitive long-term CD rates. Another perk with these CDs is a mild early withdrawal penalty. Jumbo CDs have the most competitive rates. These include ...

29-Month CD Special Continues at American Eagle Bank of Chicago - Local Only (Forum) - 4/20/2010

American Eagle Bank of Chicago continues to offer a 2.50% APY 29-month CD (as of 4/20/10). I first reported on this CD in February. Please refer to my February post for more details.

Competitive 29-Month CD Rate at American Eagle Bank of Chicago - Local Only - 2/2/2010

American Eagle Bank of Chicago continues to offer a competitive 29-month CD special with a 2.50% APY. It had been 2.75% last year . Minimum deposit is $1,000. The bank also has a promotion for its Pl ...

2.75% 29-Month CD at American Eagle Bank of Chicago - Local Only - 9/23/2009

American Eagle Bank of Chicago is offering a competitive 29-month CD special with a 2.75% APY. Minimum deposit is $1,000. The bank also has a promotion for its Platinum NOW Checking account with a 2.00% APY guaranteed for 3 months. Direct deposit is...

2009

5/21 - 3.00% 24-Month CD at American Eagle Bank in Illinois - Local Only

2008

2/17 - 4.50% 7-Month CD at a Chicago Bank - plus 4.60% 3-Month Checking Special (American Eagle).

2007

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See Rates for: Checking | Savings | Money Market | CD | IRA

American Eagle Bank Checking Account Rates

Apy	Min	Max	Product
3.00%	-	-	Business Checking
0.35%	-	-	Golden Eagle NOW Checking
0.10%	$500	-	Platinum NOW Checking
0.10%	-	-	Corporate Eagle NOW Checking

American Eagle Bank Savings Account Rates

Apy	Min	Max	Product
0.90%	-	$10k	EagleSavers
0.40%	$200	-	Statement Savings

American Eagle Bank Money Market Rates

	Apy	Min	Max	Product
	0.55%	$50k	-	Platinum Money Market

American Eagle Bank CD Rates

Apy	Min	Max	Product
2.00%	$1k	-	60 Month CD
1.75%	$1k	-	48 Month CD
1.50%	$1k	-	36 Month CD
1.00%	$1k	-	24 Month CD
0.75%	$1k	-	12 Month CD
0.25%	$1k	-	6 Month CD

American Eagle Bank IRA Rates

Apy	Min	Max	Product
2.00%	$1k	-	60 Month IRA
2.00%	$1k	-	60 Month Roth IRA
2.00%	$500	-	60 Month Education IRA
1.75%	$1k	-	48 Month IRA
1.75%	$1k	-	48 Month Roth IRA
1.75%	$500	-	48 Month Education IRA
1.50%	$1k	-	36 Month IRA
1.50%	$1k	-	36 Month Roth IRA
1.50%	$500	-	36 Month Education IRA
1.00%	$1k	-	24 Month IRA
1.00%	$1k	-	24 Month Roth IRA
1.00%	$500	-	24 Month Education IRA
0.75%	$1k	-	12 Month IRA
0.75%	$1k	-	12 Month Roth IRA
0.75%	$500	-	12 Month Education IRA
0.25%	$1k	-	6 Month IRA
0.25%	$1k	-	6 Month Roth IRA
0.25%	$500	-	6 Month Education IRA

Rates updated: 5/28/2012

Data for Q1 2012

Institution Statistics

American Eagle Bank
FDIC Certificate #	57359
BankRate Report	View
Year Established	2002
Employees	24
Primary Regulator	FDIC
Assets and Liabilities
Assets	$166.01 million
Loans	$123.60 million
Deposits	$139.06 million
Equity Capital	$13.54 million
Loan Loss Allowance	$1.17 million
Unbacked Noncurrent Loans	$1.89 million
Real Estate Owned	$821,000
Historic Data - March 2011
Assets	$158.77 million
Equity Capital	$13.41 million
Loan Loss Allowance	$1.27 million
Unbacked Noncurrent Loans	$766,000
Real Estate Owned	$718,000
Profit Margin - Quarterly
Net Interest Margin	4.29%
Return on Assets	0.95%
Return on Equity	11.43%
Interest Income	$2.17 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 American Eagle Bank had $2.71 million in non-current loans and owned real-estate with $14.71 million in equity and loan loss allowances on hand to cover it. This gives American Eagle Bank a Texas Ratio of 18.43% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for American Eagle Bank increased slightly from 10.11% as of March 31, 2011 to 18.43% as of March 31, 2012, resulting in a negative change of 82.30%. This indicates that the balance sheet and financial strength for American Eagle Bank has declined slightly in recent periods.
Deposit Growth
In the past year, American Eagle Bank has increased its total deposits by $8.36 million, resulting in 6.4% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth American Eagle Bank has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. American Eagle Bank has $166.01 million in assets with $14.71 million in equity, resulting in a capitalization level of 8.86%, which is average.