Bank of Farmington

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 212^th largest bank in the state of Illinois. It is also the 3,106^th largest bank in the nation. It was established in 1903 and as of June of 2019, it had grown to 38 employees at 4 locations. Bank of Farmington's money market rates are 3X the national average, and it has an A health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q2 2019

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	0.66%
Return on Equity - YTD	5.76%
Annual Interest Income	$3.6MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$176.7MM$173.6MM
Loans	Q2 2019vs Q2 2018	$121.1MM$116.1MM
Deposits	Q2 2019vs Q2 2018	$153.9MM$150.3MM
Equity Capital	Q2 2019vs Q2 2018	$20.8MM$19.4MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$1.3MM$1.2MM
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$426.00K$80.00K
Real Estate Owned	Q2 2019vs Q2 2018	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Bank of Farmington; we are a rate comparison website and cannot provide official rates or promotions.

* 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	VIEW DETAILS
0.20%	$1k	-	Choice Savings
0.15%	-	-	Savings

Bank of Farmington Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.50%^*	$250k^*	-	Premiere Money Market
OTHER TIERS: 0.50% → $5k - $25k \| 0.80% → $25k - $100k \| 1.20% → $100k - $250k
0.25%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.15% → $1k - $10k \| 0.20% → $10k - $50k

Bank of Farmington Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%^*	$50k^*	-	Investment Checking
OTHER TIERS: 0.05% → $1k - $10k \| 0.10% → $10k - $50k

Bank of Farmington CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.11%	$10k	-	15 Month CD Special
2.01%	$10k	-	9 Month CD Special
1.76%	$1k	-	60 Month CD
1.66%	$1k	-	48 Month CD
1.56%	$1k	-	36 Month CD
1.46%	$1k	-	30 Month CD
1.36%	$1k	-	24 Month CD
1.26%	$1k	-	18 Month CD
1.11%	$1k	-	12 Month CD
0.76%	$1k	-	6 Month CD
0.61%	$1k	-	3 Month CD

Bank of Farmington IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.46%	$1k	-	18 Month Variable IRA
1.46%	$1k	-	18 Month Variable Roth IRA

Locations

Bank of Farmington Locations
Bank Of Farmington	16 North Main Street	Farmington, IL 61531
Bank Of Farmington At Canton Branch	2115 N Main St	Canton, IL 61520
North Frostwood Branch	6824 N. Frostwood Pkwy	Peoria, IL 61615
Williamsfield Br	206 Lions Drive	Williamsfield, IL 61489

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.