Illinois-Service Federal Savings and Loan Association

Illinois-Service Federal Savings and Loan Association Locations
4619 S Martin L King Drive
Chicago, IL 60653
773-624-2000
www.isfbank.com



Illinois-Service Federal Savings and Loan Association is headquartered in Chicago and is the 267th largest bank in the state of Illinois. It is also the 3,858th largest bank in the nation. It was established in 1934 and as of March of 2012, it had grown to 44 employees at 2 locations. Illinois-Service Federal Savings and Loan Association's money market rates are 14% higher than the national average, and it has a 3-star health rating.



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

Illinois-Service Federal Savings and Loan Association Checking Account Rates

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0.40%$10k-Super NOW
0.20%$1k-NOW

Illinois-Service Federal Savings and Loan Association Savings Account Rates

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0.40%$1k-Passbook Savings
0.40%$1k-Statement Savings
0.25%--Moola Moola
0.25%$25-Student Passbook
0.25%$50-Vacation Club
0.25%$50-Christmas Club

Illinois-Service Federal Savings and Loan Association Money Market Rates

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0.95%$150k-SuperFlex MMDA
0.20%$2,500-MMDA

Illinois-Service Federal Savings and Loan Association CD Rates

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1.50%$1k-5 Year CD
0.85%$5k-30 Month CD
0.85%$5k-3 Year CD
0.65%$5k-18 Month CD
0.50%$1k-1 Year CD
0.40%$1k-91 Day CD
0.40%$1k-182 Day CD

Illinois-Service Federal Savings and Loan Association IRA Rates

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1.50%$500-5 Year Education IRA
1.50%$500-5 Year Roth IRA
1.50%$1k-5 Year IRA
0.85%$5k-30 Month IRA
0.85%$5k-3 Year IRA
0.65%$5k-18 Month IRA
0.50%$1k-1 Year IRA
0.40%$1k-91 Day IRA
0.40%$1k-182 Day IRA

Rates updated: 5/25/2012

Data for Q1 2012


Institution Statistics


Illinois-Service Federal Savings and Loan Association
OTS #03395
FDIC Certificate #29399
BankRate ReportView
Year Established1934
Employees44
Primary RegulatorOCC

Assets and Liabilities

Assets$150.86 million
Loans$59.08 million
Deposits$108.62 million
Equity Capital$15.00 million
Loan Loss Allowance$1.07 million
Unbacked Noncurrent Loans$5.24 million
Real Estate Owned$454,000

Historic Data - March 2011

Assets$149.09 million
Equity Capital$14.66 million
Loan Loss Allowance$721,000
Unbacked Noncurrent Loans$3.71 million
Real Estate Owned$497,000

Profit Margin - Quarterly

Net Interest Margin2.87%
Return on Assets-1.33%
Return on Equity-12.98%
Interest Income$1.46 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio2
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 Illinois-Service Federal Savings and Loan Association had $5.69 million in non-current loans and owned real-estate with $16.07 million in equity and loan loss allowances on hand to cover it. This gives Illinois-Service Federal Savings and Loan Association a Texas Ratio of 35.42% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Illinois-Service Federal Savings and Loan Association increased slightly from 27.33% as of March 31, 2011 to 35.42% as of March 31, 2012, resulting in a negative change of 29.64%. This indicates that the balance sheet and financial strength for Illinois-Service Federal Savings and Loan Association has declined slightly in recent periods.
Deposit Growth4
In the past year, Illinois-Service Federal Savings and Loan Association has increased its total deposits by $4.64 million, resulting in 4.46% 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 Illinois-Service Federal Savings and Loan Association has shown is above average.
Capitalization4
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. Illinois-Service Federal Savings and Loan Association has $150.86 million in assets with $16.07 million in equity, resulting in a capitalization level of 10.65%, which is above average.
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