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4852 West 30th Street
Cicero, IL 60804

West Town Savings Bank is headquartered in Cicero and is the 253rd largest bank in the state of Illinois. It is also the 3,653rd largest bank in the nation. It was established in 1922 and as of March of 2014, it had grown to 130 employees at 2 locations. West Town Savings Bank has a B+ health rating.

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Reviews (1)

Business Ethics!

I think was taken for a ride when the interest rates started going up. After signing up for 4.25% the representative suggested that I enhance the loan amount and get some cash from the seller. He did not warn that the interest rates that were frozen may not apply if I changed the amount as suggested. Once I changed the amount he worked out fresh loan @ 4.75% saying that 4.25% was valid only for the earlier application.


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 West Town Savings Bank had $4.13 million in non-current loans and owned real-estate with $17.76 million in equity and loan loss allowances on hand to cover it. This gives West Town Savings Bank a Texas Ratio of 23.28% 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 West Town Savings Bank decreased dramatically from 41.86% as of March 31, 2013 to 23.28% as of March 31, 2014, resulting in a positive change of 44.39%.This indicates that the balance sheet and financial strength for West Town Savings Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, West Town Savings Bank has increased its total deposits by $14.93 million, resulting in 14.27% 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 West Town Savings Bank has shown is excellent.



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. West Town Savings Bank has $153.98 million in assets with $17.76 million in equity, resulting in a capitalization level of 11.53%, which is excellent.

Institution Statistics

FDIC Certificate #28151
Year Established1922
Primary RegulatorFDIC
Assets and Liabilities
Assets$153.98 million
Loans$130.51 million
Deposits$119.57 million
Equity Capital$16.59 million
Loan Loss Allowance$1.17 million
Unbacked Noncurrent Loans$3.91 million
Real Estate Owned$221,000
Historic Data - March 2013
Assets$148.11 million
Equity Capital$14.28 million
Loan Loss Allowance$1.30 million
Unbacked Noncurrent Loans$3.91 million
Real Estate Owned$247,000
Profit Margin - Quarterly
Net Interest Margin4.02%
Return on Assets1.12%
Return on Equity10.44%
Interest Income$1.75 million

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West Town Savings Bank Locations
West Town Savings Bank4852 West 30th StreetCicero, IL 60804
North Riverside Branch7820 West 26th StreetNorth Riverside, IL 60546