Bank of Farmington

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.bankoffarmington.com

309-245-2441

16 North Main Street
Farmington, IL 61531

Bank of Farmington is headquartered in FARMINGTON and is the 180^th largest bank in the state of Illinois. It is also the 2,844^th largest bank in the nation. It was established in 1903 and as of March of 2025, it had grown to 38 employees at 5 locations. Bank of Farmington's money market rates are 3X the national average, and it has a B health rating.

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Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	11732
Year Established	1903
Employees	38
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.51%
Return on Equity - YTD	5.58%
Annual Interest Income	$2.8MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$232.9MM$226MM
Loans	Q1 2025vs Q1 2024	$160.5MM$168.1MM
Deposits	Q1 2025vs Q1 2024	$204.9MM$191.8MM
Equity Capital	Q1 2025vs Q1 2024	$21MM$20.5MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.7MM$1.9MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$3.2MM$551K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Money Market
Checking
CD

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank of Farmington Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%	$1k	-	Choice Savings
0.30%	$0	-	Savings
0.30%	$10	-	Christmas Club Account

Bank of Farmington Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.40%^*	$250k^*	-	Premiere Money Market
OTHER TIERS: 0.80% → $1k - $10k \| 0.90% → $10k - $25k \| 1.00% → $25k - $50k \| 1.10% → $50k - $100k \| 1.20% → $100k - $150k \| 1.30% → $150k - $250k

Bank of Farmington Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.30%^*	$50k^*	-	Investment Checking
OTHER TIERS: 0.15% → $1k - $10k \| 0.20% → $10k - $25k \| 0.25% → $25k - $50k

Bank of Farmington CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.70%	$5k	-	13 Month CD Special
2.27%	$1k	-	60 Month CD
2.22%	$1k	-	48 Month CD
2.17%	$1k	-	36 Month CD
2.12%	$1k	-	30 Month CD
2.07%	$1k	-	24 Month CD
1.91%	$1k	-	18 Month CD
1.76%	$1k	-	12 Month CD
1.61%	$1k	-	6 Month CD
1.46%	$1k	-	3 Month CD

Locations

Bank of Farmington Locations
Bank Of Farmington	16 N Main St	Farmington, IL 61531
Bank Of Farmington At Canton Branch	2115 N Main St	Canton, IL 61520
Williamsfield Br	206 Lions Drive	Williamsfield, IL 61489
Bank Of Farmington Branch	7810 N. Route 91	Peoria, IL 61615

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