American Eagle Bank is headquartered in South Elgin and is the 144th largest bank in the state of Illinois. It is also the 2,352nd largest bank in the nation. It was established in 2002 and as of March of 2019, it had grown to 28 employees at 1 location. American Eagle Bank has a B+ health rating.
Related Posts
2/2 - Competitive 29-Month CD Rate at American Eagle Bank of Chicago - Local Only
5/21 - 3.00% 24-Month CD at American Eagle Bank in Illinois - Local Only
9/30/07 - 5.50% 12-Month CD at a Chicago Bank - plus 5.50% Money Market Account (American Eagle).
8/19/07 - 6.00% 6-Month Money Market Promo or CD at a Chicago Bank (American Eagle).
4/29/07 - 5.50% 12-Month CD at a Chicago Bank (American Eagle)
So Far So Good!
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.
Terrible Customer Service.
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.
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57359 |
| Year Established | 2002 |
| Employees | 28 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.92% |
| Return on Equity - YTD | 11.77% |
| Annual Interest Income | $3.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $274.3MM$232.5MM |
| Loans | Q1 2019vs Q1 2018 | $203.7MM$197.6MM |
| Deposits | Q1 2019vs Q1 2018 | $246.1MM$205.0MM |
| Equity Capital | Q1 2019vs Q1 2018 | $21.3MM$19.6MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $1.5MM$1.3MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $957.00K$242.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $574.00K$594.00K |
Rates for American Eagle Bank are currently being reviewed.
| American Eagle Bank Locations | ||
|---|---|---|
| American Eagle Bank | 556 Randall Road | South Elgin, IL 60177 |