Overview / Commentary
101 South Park Avenue
Herrin, IL 62948

Bank of Herrin is headquartered in Herrin and is the 153rd largest bank in the state of Illinois. It is also the 2,473rd largest bank in the nation. It was established in 1904 and as of March of 2018, it had grown to 63 employees at 5 locations. Bank of Herrin has a B+ health rating.


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Health Grade Components

FDIC Certificate #11310
Year Established1904
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.42%
Return on Equity - YTD15.4%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$256.8MM$253.4MM
LoansQ1 2018vs Q1 2017$170.4MM$155.5MM
DepositsQ1 2018vs Q1 2017$233.9MM$230.3MM
Equity CapitalQ1 2018vs Q1 2017$22.7MM$22.8MM
Loan Loss AllowanceQ1 2018vs Q1 2017$1.7MM$1.7MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$1.4MM$2.5MM
Real Estate OwnedQ1 2018vs Q1 2017$220.00K$0
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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

0.25%--Christmas Club Account
0.25%--Kids Club Savings
0.20%$50-Statement Savings Account

Bank of Herrin Money Market Rates

0.25%*$25k*-Money Market Deposit Account (MMDA)
OTHER TIERS: 0.10% Up to $2,500 | 0.20% $2,500 - $25k

Bank of Herrin Checking Account Rates

1.50%*-$25kReward Checking - Qualifying
OTHER TIERS: 0.50% $25k+
0.20%*$2.5k*-Account Plus
OTHER TIERS: 0.10% $500 - $1k | 0.15% $1k - $2,500
0.15%*$2.5k*-Tiered NOW Checking
OTHER TIERS: 0.10% $1k - $2,500

Bank of Herrin CD Rates

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

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

Bank of Herrin Locations
Carterville Facility1001 South DivisionCarterville, IL 62918
The Bank Of Herrin101 South Park AvenueHerrin, IL 62948
Marion Banking Center Branch102 Comfort DrMarion, IL 62959
Energy FacilityState Route 148 At Ford StreetEnergy, IL 62933
Cambria Facility501 S Maple StCambria, IL 62915

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