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13220 South Baltimore Avenue
Chicago, IL 60633

First Savings Bank of Hegewisch is headquartered in Chicago and is the 74th largest bank in the state of Illinois. It is also the 1,170th largest bank in the nation. It was established in 1914 and as of March of 2014, it had grown to 103 employees at 9 locations. First Savings Bank of Hegewisch has a A health rating.

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First Savings Bank of Hegewisch had $1.42 million in non-current loans and owned real-estate with $71.89 million in equity and loan loss allowances on hand to cover it. This gives First Savings Bank of Hegewisch a Texas Ratio of 1.98% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for First Savings Bank of Hegewisch experienced no significant changes from 0.82% as of March 31, 2013 to 1.98% as of March 31, 2014, resulting in a negative change of 139.93%. This indicates that the balance sheet and financial strength for First Savings Bank of Hegewisch has had no significant changes in recent periods.

Deposit Growth


In the past year, First Savings Bank of Hegewisch has increased its total deposits by $4.46 million, resulting in 0.9% 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 First Savings Bank of Hegewisch has shown is above average.



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. First Savings Bank of Hegewisch has $569.18 million in assets with $71.89 million in equity, resulting in a capitalization level of 12.63%, which is excellent.

Institution Statistics

FDIC Certificate #29809
Year Established1914
Primary RegulatorFDIC
Assets and Liabilities
Assets$569.18 million
Loans$330.92 million
Deposits$498.77 million
Equity Capital$69.89 million
Loan Loss Allowance$2.00 million
Unbacked Noncurrent Loans$1.31 million
Real Estate Owned$107,000
Historic Data - March 2013
Assets$562.19 million
Equity Capital$66.41 million
Loan Loss Allowance$1.98 million
Unbacked Noncurrent Loans$1.31 million
Real Estate Owned$205,000
Profit Margin - Quarterly
Return on Assets0.58%
Return on Equity4.75%
Interest Income$4.35 million

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First Savings Bank of Hegewisch Savings Account Rates

0.12%--IRA Statement Savings
0.03%$1k-Ultimate Savings
0.02%--Variable Savings

First Savings Bank of Hegewisch Money Market Rates

0.10%$75k-Money Market Extra
0.07%$40k-High Yield Money Market
0.05%$1,500-Premier Money Market Account

First Savings Bank of Hegewisch Checking Account Rates

0.01%$100-Now Accounts
0.01%$500-Free Checking Plus Interest
0.01%$2k-Checking Extra
0.01%$1,500-Super NOWS

First Savings Bank of Hegewisch CD Rates

1.50%$1k-5 Year CD
1.45%$1k-4 Year CD
1.45%$1k-3.5 Year CD
1.35%$500-3 Year CD
1.00%$1k-21 Month Anniversary Special CD - New Money Only
0.80%$50-College Savers 4 Year CD
0.80%$1k-28 Month CD Special
0.70%$50-College Savers 3 Year CD
0.65%$1k-25 Month CD Special
0.55%$5k-19 Month CD Special
0.50%$10k-17 Month CD Special
0.45%$10k-15 Month CD Special
0.10%$500-30 Month Variable CD
0.10%$2k-18 Month Variable CD

First Savings Bank of Hegewisch IRA Rates

1.50%$500-6 Year IRA
1.45%--48 Month IRA
0.75%--30 Month IRA
0.50%--24 Month IRA
0.45%--18 Month IRA
0.35%--12 Month IRA Special

First Savings Bank of Hegewisch Locations
Frankfort Branch10395 West Lincoln HighwayFrankfort, IL 60423
1100 E Sibley Blvd Branch1100 East Sibley BoulevardCalumet City, IL 60409
11601 Ave O Branch11601 Avenue OChicago, IL 60617
First Savings Bank Of Hegewisch13220 South Baltimore AvenueChicago, IL 60633
Crown Point Branch1351 East South StreetCrown Point, IN 46307
Tinley Park Branch17501 80th AvenueTinley Park, IL 60477
18207 Burnham Avenue Branch18207 Burnham AvenueLansing, IL 60438
2351 Glenwood Dyer Road2351 Glenwood Dyer RoadLynwood, IL 60411
Dyer Branch734 Main StreetDyer, IN 46311