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800 West Madison Street Chicago, IL 60607 1.888.422.6562 www.mbfinancial.com ![]() |
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MB Financial Bank is headquartered in Chicago and is the 5th largest bank in the state of Illinois. It is also the 113st largest bank in the nation. It was established in 1933 and as of December of 2012, it had grown to 1,694 employees at 90 locations. MB Financial Bank has a 4-star health rating.
MB Financial Bank Routing Number: 071025849
Related Posts
MB Financial Bank is offering a checking account bonus in which you can earn up to $200. You do have to be careful to avoid monthly fees on the checking accounts. Three checking accounts qualify for t ...
It has been just under two years since I first reported on MB Financial Bank's reward checking account that it calls MB Red Checking . It's nice to see that the top rate is still 4.00% APY. However, t ...
While writing the post for yesterday's bank failures , I noticed Umpqua Bank which took over the failed bank Rainier Pacific Bank has a reward checking account. The reason why I found this interestin ...
I've received info from a few readers who had CDs at Corus Banks. As I reported last week, MB Financial appears to have no desire to keep non-Illinois customers. Reports are that MB Financial is closing CDs and mailing checks tomorrow for Corus Bank...
2009
- 9/14 - MB Financial's Plans for Corus Bank Deposits
- 9/6 - High-Interest Reward Checking Account at MB Financial Bank in IL, IN & PA - Local Only
2008
See Rates for: Checking | Savings | Money Market | CD | IRA
MB Financial Bank Checking Account Rates
MB Financial Bank Savings Account Rates
MB Financial Bank Money Market Rates
MB Financial Bank CD Rates
| Apy | Min | Max | Product | |
| 0.85% | $1k | - | 60 Month CD | |
| 0.60% | $1k | - | 48 Month CD | |
| 0.40% | $100k | - | 3 Year CDARS | |
| 0.40% | $1k | - | 36 Month CD | |
| 0.40% | $25 | - | 36 Month Blossom Account | |
| 0.35% | $1k | - | 30 Month CD | |
| 0.30% | $100k | - | 2 Year CDARS | |
| 0.30% | $1k | - | 24 Month CD | |
| 0.30% | $25 | - | 24 Month Blossom Account | |
| 0.30% | $25 | - | 30 Month Blossom Account | |
| 0.20% | $1k | - | 18 Month CD | |
| 0.15% | $100k | - | 1 Year CDARS | |
| 0.15% | $1k | - | 9 Month CD | |
| 0.15% | $1k | - | 12 Month CD | |
| 0.15% | $25 | - | 12 Month Blossom Account | |
| 0.15% | $25 | - | 18 Month Blossom Account | |
| 0.10% | $1k | - | 6 Month CD | |
| 0.05% | $100k | - | 26 Week CDARS | |
| 0.05% | $1k | - | 7 Day CD | |
| 0.05% | $1k | - | 1 Month CD | |
| 0.05% | $1k | - | 14 Day CD | |
| 0.05% | $1k | - | 3 Month CD | |
| 0.01% | $100k | - | 13 Week CDARS |
MB Financial Bank IRA Rates
| Apy | Min | Max | Product | |
| 0.85% | $1k | - | 60 Month Roth IRA | |
| 0.85% | $1k | - | 60 Month IRA | |
| 0.60% | $1k | - | 48 Month IRA | |
| 0.60% | $1k | - | 48 Month Roth IRA | |
| 0.40% | $1k | - | 36 Month IRA | |
| 0.40% | $1k | - | 36 Month Roth IRA | |
| 0.35% | $1k | - | 30 Month IRA | |
| 0.35% | $1k | - | 30 Month Roth IRA | |
| 0.30% | $1k | - | 24 Month IRA | |
| 0.30% | $1k | - | 24 Month Roth IRA | |
| 0.20% | $1k | - | 18 Month IRA | |
| 0.20% | $1k | - | 18 Month Roth IRA | |
| 0.15% | $1k | - | 9 Month IRA | |
| 0.15% | $1k | - | 12 Month IRA | |
| 0.15% | $1k | - | 9 Month Roth IRA | |
| 0.15% | $1k | - | 12 Month Roth IRA | |
| 0.10% | $1k | - | 6 Month IRA | |
| 0.10% | $1k | - | 6 Month Roth IRA | |
| 0.05% | $1k | - | 3 Month IRA | |
| 0.05% | $1k | - | 3 Month Roth IRA |
Data for Q4 2012
Institution Statistics
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Institution Health
Overall Score:
4 out of 5
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Internet Banking And Customer Service
- Upset - Wednesday, November 2, 2011 - 5:31 PMI inhertied MB Financial after Corus Bank failed and have decided it is time to run - not walk. Like most I like to use my internet banking to pay everything because I forget to make payments sometime and my payments via MB are guaranteed - Right? Not so fast buster.
I was using internet banking to pay my monthly condominium association dues when in August my payment was returned back to the bank for bad mailing address. I take the blame for this because I did have the wrong treasurer's name on the check - officers change. I gave MB the correct information and the second payment was lost also. We put another stop payment on the check and I told them not to worry and I would just try and remember how to write my own check and give it to the association directly.
Fast-forward to September and the treasurer of my condominium associaiton contacts me to tell me my September payment was returned for "stop payment" except that I never put a stop payment on the check. MB told me the check was returned by the post office again and they tried contacting the Payee to get the correct information before they intitiated the stop payment. Hello! Why didn't they contact me? Why are they talking about my account with my treasurer? Aren't their privacy regulations in place? The response from the phone center was that they don't have to - they have tons and tons of bill payments and they can't possibly contact everyone and it is ok to talk to the treasurer in order to get the payment settled. Hmmm.
Fine MB Bank, you guarantee payment on time or you will pick-up the late fees. MB says "Not so fast Customer!" My payment is due on the 1st, but I have a 10 day grace period to make my payment. I set-up my payment for the 2nd of the month. MB Financial says that if your payment is set-up during your grace period, they don't have to guarantee your payment and they don't have to pay your late fees.
Transfer Your Bank Day couldn't have come at a better time.
Not Sure If This Is A Bank Or A Legitimate Thief?
- nolo - Monday, August 8, 2011 - 8:53 PMOnline banking is outdated, and it is full of problems. They also refuse to let me pay with the check to anyone I want. I cut $4000 check and my account was closed. Saying.. that MB bank does not like large amounts to be taken out. Funny part is that they show on online banking that 4000 was paid, and the amount is deducted from my account. Anyway I will need to wait to get my account balance for 90 days now.
So is it a Bank of a Thief?
TERRIBLE!! STAY AWAY!! CUSTOMER SERVICE IS A JOKE!!
- CDJD99 - Tuesday, May 22, 2012 - 12:35 PMSTAY FAR FAR AWAY FROM THIS BANK. I HAVE BEEN A CUSTOMER FOR 8 YEARS AND HAVE HAD NOTHING BUT PROBLEMS. I HAVE NEVER OVERDRAFT AND HAVE THREE ACCOUNTS WITH THEM, YOU WOULD THINK I WOULD BE A VALUED CUSTOMER...NOT!! THEY TREAT YOU LIKE A SECOND RATE CITIZEN.
I DEPOSITED A CHECK AND WAS TOLD IT TAKES 2 BUSINESS DAYS TO CLEAR, I CALLED ON MULTIPLE OCCASIONS VERIFYING THIS BECAUSE I KNOW WHAT IDIOTS THEY CAN BE. WELL, I PLANNED ACCORDINGLY TO HAVE A LARGE SUM WITHDRAWN IN CASH, I CHECKED ONLINE TO MAKE SURE THE FUNDS HAD CLEARED...THEY DID. I WENT TO THE SAME BRANCH THAT I HAD CALLED MULTIPLE TIMES IN THE WEEKS PRIOR TO TAKE THE MONEY OUT, BUT IT WAS A LITTLE TOO LATE FOR THESE LAZY PEOPLE TO DEAL WITH A WITHDRAWL.....SO THEY TOLD ME THEY HAD TO PUT AN EXTRA HOLD BECAUSE THEY DIDN'T KNOW I WAS GOING TO BE TAKING THE MONEY OUT IN CASH....WHICH I HAD TOLD THEM MULTIPLE TIMES IN MY PHONE CALLS PRIOR...COMPLETE MORONS AND THEN NOBODY IS WILLING TO RECTIFY THE SITUATION.
NEEDLESS TO SAY I WILL BE SWITCHING BANKS.
Greed And Theft Rules The Day
- DrRustyVenture - Wednesday, October 10, 2012 - 9:34 PMThey will charge overdraft fees for overdraft fees. They STOLE $350 from me in 2 days. After 3 years as a loyal customer, they gave me the finger and basically told me, "too bad, we already have your money". To them, you are a mark to be fleeced at the first opportunity. How did they grow so big in just a few years? It wasn't by doing good business. If you complain, as I did, then all sorts of bad things start happening. Holds on your account for transactions that didn't happen, positive balances becoming negative balances, that sort of thing.
Run, don't walk, from this rapacious band of thieves and robbers. They will find a way to chisel the maximum amount from you, mark my words. Don't give them the chance to rip you off as they have so many others. Just look online, I'm not alone. They are racking up complaints even faster than fees. If you dare to tell them about how unhappy you are, they'll come after you with vindictive vengeance.
You have other options. Utilize them, or be sorry you didn't.
Great Bank
- banker51 - Tuesday, August 21, 2012 - 9:41 PMIt's typically normal that the only people who post are the ones with problems so I thought I'd add my voice as a satisfied customer.
I've been with MB for 3 years and never had anything but good experiences. Their bankers are professional and knowledgable, their branches are well run and their online banking is quite reliable.
Furthermore, their MB Red Checking is one of the best deals out there (2% interest on checking).
Great bank. Great experience. I recommend it to all my friends.
Average User Rating:








Worst Bank Ever