Bank of Herrin

Overview / Commentary

www.bankofherrin.com

618-942-6666

101 South Park Avenue
Herrin, IL 62948

Bank of Herrin is headquartered in Herrin and is the 152^nd largest bank in the state of Illinois. It is also the 2,503^rd largest bank in the nation. It was established in 1904 and as of September of 2019, it had grown to 60 employees at 5 locations. Bank of Herrin has a B+ health rating.

Reviews

Write a Review

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

Health

B+

Data as of Q3 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	11310
Year Established	1904
Employees	60
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.45%
Return on Equity - YTD	13.92%
Annual Interest Income	$7.6MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$250.4MM$251.1MM
Loans	Q3 2019vs Q3 2018	$176.7MM$176.5MM
Deposits	Q3 2019vs Q3 2018	$222.9MM$226.8MM
Equity Capital	Q3 2019vs Q3 2018	$27.3MM$24.1MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$1.7MM$1.9MM
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$1.9MM$2.1MM
Real Estate Owned	Q3 2019vs Q3 2018	$220.00K$465.00K

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 Herrin; 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 Herrin Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	$3	-	Christmas Club Account
0.25%	$10	-	Kids Club Savings
0.20%	$50	-	Statement Savings Account

Bank of Herrin Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$25k^*	-	Money Market Deposit Account (MMDA)
OTHER TIERS: 0.10% → Up to $2.5k \| 0.20% → $2.5k - $25k
0.25%^*	$25k^*	-	Business Money Market Deposit Account (MMDA)
OTHER TIERS: 0.10% → Up to $2.5k \| 0.20% → $2.5k - $25k

Bank of Herrin Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.50%^*	-	$25k	Reward Checking - Qualifying
OTHER TIERS: 0.50% → $25k+
0.20%^*	$2.5k^*	-	Account Plus
OTHER TIERS: 0.10% → $500 - $1k \| 0.15% → $1k - $2.5k
0.20%^*	$2.5k^*	-	Business Account Plus
OTHER TIERS: 0.10% → $500 - $1k \| 0.15% → $1k - $2.5k
0.15%^*	$2.5k^*	-	Tiered NOW Checking
OTHER TIERS: 0.10% → $1k - $2.5k
0.15%^*	$2.5k^*	-	Business Tiered NOW Checking
OTHER TIERS: 0.10% → $1k - $2.5k

Bank of Herrin CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.10%	$1k	-	60 Month CD
0.90%	$1k	-	48 Month CD
0.70%	$1k	-	30 Month CD
0.65%	$1k	-	36 Month CD
0.60%	$1k	-	24 Month CD
0.50%	$1k	-	18 Month CD
0.25%	$1k	-	12 Month CD
0.15%	$1k	-	182 Day CD
0.10%	$1k	-	91 Day CD

Bank of Herrin IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.10%	$1k	-	60 Month IRA
0.90%	$1k	-	48 Month IRA
0.70%	$1k	-	30 Month IRA
0.65%	$1k	-	36 Month IRA
0.60%	$1k	-	24 Month IRA
0.50%	$1k	-	18 Month IRA
0.25%	$1k	-	12 Month IRA

Locations

Bank of Herrin Locations
Carterville Facility	1001 South Division	Carterville, IL 62918
The Bank Of Herrin	101 South Park Avenue	Herrin, IL 62948
Marion Banking Center Branch	102 Comfort Dr	Marion, IL 62959
Energy Facility	State Route 148 At Ford Street	Energy, IL 62933
Cambria Facility	501 S Maple St	Cambria, IL 62915

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.