Bank of Herrin

Overview / Commentary
101 South Park Avenue
Herrin, IL 62948

Bank of Herrin is headquartered in Herrin and is the 159th largest bank in the state of Illinois. It is also the 2,486th largest bank in the nation. It was established in 1904 and as of June of 2022, it had grown to 54 employees at 5 locations. Bank of Herrin's CD rates are 46% higher than the national average, and it has a B+ health rating.


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Health Grade Components

FDIC Certificate #11310
Year Established1904
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.19%
Return on Equity - YTD20.49%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$299.0MM$302.0MM
LoansQ2 2022vs Q2 2021$164.9MM$164.4MM
DepositsQ2 2022vs Q2 2021$286.8MM$276.4MM
Equity CapitalQ2 2022vs Q2 2021$11.9MM$25.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$4.0MM$3.9MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$656.00K$1.2MM
Real Estate OwnedQ2 2022vs Q2 2021$0$415.00K
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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%$3-Christmas Club Account
0.10%$50-Statement Savings Account

Bank of Herrin Money Market Rates

0.15%*$25k*-Money Market Deposit Account (MMDA)
OTHER TIERS: 0.05% Up to $2.5k | 0.10% $2.5k - $25k
0.15%*$25k*-Business Money Market Deposit Account (MMDA)
OTHER TIERS: 0.05% Up to $2.5k | 0.10% $2.5k - $25k

Bank of Herrin Checking Account Rates

1.11%*-$25kReward Checking
OTHER TIERS: 0.25% $25k+
0.15%*$2.5k*-Account Plus
OTHER TIERS: 0.05% $500 - $1k | 0.10% $1k - $2.5k
0.15%*$2.5k*-Business Account Plus
OTHER TIERS: 0.05% $500 - $1k | 0.10% $1k - $2.5k
0.10%*$2.5k*-Tiered NOW Checking
OTHER TIERS: 0.05% $1k - $2.5k
0.10%*$2.5k*-Business Tiered NOW Checking
OTHER TIERS: 0.05% $1k - $2.5k

Bank of Herrin CD Rates

1.53%$1k-36 Month CD
1.53%$1k-48 Month CD
1.53%$1k-60 Month CD
1.32%$1k-24 Month CD
1.32%$1k-30 Month CD
1.31%$1k-12 Month CD
1.21%$1k-18 Month CD
0.95%$1k-182 Day CD
0.50%$1k-91 Day CD

Bank of Herrin IRA Rates

1.53%$1k-36 Month IRA
1.53%$1k-48 Month IRA
1.53%$1k-60 Month IRA
1.32%$1k-24 Month IRA
1.32%$1k-30 Month IRA
1.31%$1k-12 Month IRA
1.21%$1k-18 Month IRA

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

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