American Eagle Bank is headquartered in South Elgin and is the 140th largest bank in the state of Illinois. It is also the 2,366th largest bank in the nation. It was established in 2002 and as of March of 2020, it had grown to 26 employees at 1 location. American Eagle Bank has a B+ health rating.
Despite all the bad reviews about his bank on the web i will say the customer service is top notch. Opened a 2% savings account with no issues and they pay as promised. I have a feeling all the bad reviews are people who took out car loans and don’t know how to pay on time.
Called on a Thursday to open a CD. The lady I spoke to made it seem like I was bothering her. Since they are in the dark ages regarding online services I had to come in.
Came in on Friday & it took the customer service rep three attempts to get paperwork correct. While sitting at CS rep's desk I called my bank to transfer money over. CS confirmed everything was ok.
Received a telephone call an hour later from CS rep saying CD paperwork will have to be redone when funds arrive.
At this point I have no idea what is going on.
|FDIC Certificate #||57359|
|Return on Assets - YTD||0.88%|
|Return on Equity - YTD||10.6%|
|Annual Interest Income||$3.1MM|
|Assets and Liabilities|
|Assets||Q1 2020vs Q1 2019||$270.1MM$274.3MM|
|Loans||Q1 2020vs Q1 2019||$215.5MM$203.7MM|
|Deposits||Q1 2020vs Q1 2019||$240.6MM$246.1MM|
|Equity Capital||Q1 2020vs Q1 2019||$23.0MM$21.3MM|
|Loan Loss Allowance||Q1 2020vs Q1 2019||$1.6MM$1.5MM|
|Unbacked Noncurrent Loans||Q1 2020vs Q1 2019||$165.00K$957.00K|
|Real Estate Owned||Q1 2020vs Q1 2019||$63.00K$574.00K|
Rates for American Eagle Bank are currently being reviewed.
|American Eagle Bank Locations|
|American Eagle Bank||556 Randall Road||South Elgin, IL 60177|