| 124 South Main Street Flanagan, IL 61740 815-796-2264 www.flanaganstatebank.com ![]() |
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Flanagan State Bank is headquartered in Flanagan and is the 270th largest bank in the state of Illinois. It is also the 3,890th largest bank in the nation. It was established in 1913 and as of March of 2012, it had grown to 49 employees at 5 locations. Flanagan State Bank's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.
See Rates for: Checking | Savings | Money Market | CD | IRA
Flanagan State Bank Checking Account Rates
Flanagan State Bank Savings Account Rates
Flanagan State Bank Money Market Rates
Flanagan State Bank CD Rates
Flanagan State Bank IRA Rates
| Apy | Min | Max | Product | |
| 1.30% | $500 | - | 5 Year IRA | |
| 1.30% | $500 | - | 5 Year Roth IRA | |
| 1.30% | $500 | - | 5 Year CESA | |
| 1.30% | $500 | - | 5 Year SEP IRA | |
| 0.90% | $500 | - | 3 Year IRA | |
| 0.90% | $500 | - | 3 Year Roth IRA | |
| 0.90% | $500 | - | 3 Year CESA | |
| 0.90% | $500 | - | 3 Year SEP IRA | |
| 0.75% | $500 | - | 2 Year IRA | |
| 0.75% | $500 | - | 2 Year Roth IRA | |
| 0.75% | $500 | - | 2 Year CESA | |
| 0.75% | $500 | - | 2 Year SEP IRA | |
| 0.50% | $500 | - | 1 Year IRA | |
| 0.50% | $500 | - | 1 Year Roth IRA | |
| 0.50% | $500 | - | 1 Year CESA | |
| 0.50% | $500 | - | 1 Year SEP IRA |
Rates updated: 5/25/2012
Data for Q1 2012
Institution Statistics
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Institution Health
Overall Score:
5 out of 5
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UNPROFESSIONAL BANK
- horrible123 - Thursday, March 10, 2011 - 1:52 PMI got a vehicle loan throught Flanagan Bank and everything went great until the final payoff. My payments were under two hundred dollars, when I went to pay the final payment I was told that my balance was just over $450. I was then told that I missed payments and there was some interest added on. When I called to try and figure it out with them they were very unprofessional about it. I was threatened that they were going to get an attorney because I ask a simple question of when the payment was missed. If you are thinking about banking with Flanagan State Bank, do yourself the favor and find a different bank.
2
Average User Rating:






Horrible Experience!
We chose Flanagan State Bank to refinance our mortgage. Everything seemed to be going great, except for after the closing. We had switched insurance companies and the person we were working with, Victor Arreola, was very aware that we had switched. He had even spoke to our new insurance company. Victor promised the new insurance company that they would be cut a check at closing. This never happenned. Victor never returned my emails or my calls. Flanagan State Bank sells their mortgages to Bank of America, which in itself isn't a problem, but when they take no ownership for the mistake they made that is when there is a huge problem. The least we could have got was a sorry we screwed up letter or phone call. Now we are stuck paying our premium for our homeowners ourselves, when we are also paying for it in escrow each month. Horrible customer service and I will never be doing business with them again!