Bank of Springfield


Overview / Commentary
217-529-5555
3400 West Wabash
Springfield, IL 62711

Bank of Springfield is headquartered in Springfield and is the 48th largest bank in the state of Illinois. It is also the 774th largest bank in the nation. It was established in 1965 and as of December of 2019, it had grown to 282 employees at 13 locations. Bank of Springfield has a B health rating.

Reviews (2)

Deceitful Crooks

Posted by: |

I lost my debit card twice in one year and without notifying me or sending me a letter they blocked and froze my account yet kept accepting my direct deposits I did not find out they had any block on my account until 8 checks got returned I am Consulting a lawyer because of them I owe $350 worth of fees

Do NOT Put Your Money Here

Bank of Springfield WAS a great bank until October 2011.  At that time they changed their online accounting software and the new program is terrible. It is difficult to use...not just for customers, but for employees, too. In two months, I experienced TWO deposit errors.  (previous 12 years...none). In spite of the tremendous hassle, I will be switching banks. 



Health

Health Grade Components

Overall
FDIC Certificate #19506
Year Established1965
Employees282
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.74%
Return on Equity - YTD7.92%
Annual Interest Income$46.1MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$1.04B$1.01B
LoansQ4 2019vs Q4 2018$836.8MM$854.0MM
DepositsQ4 2019vs Q4 2018$874.5MM$839.1MM
Equity CapitalQ4 2019vs Q4 2018$98.6MM$92.1MM
Loan Loss AllowanceQ4 2019vs Q4 2018$11.4MM$7.2MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$27.3MM$22.7MM
Real Estate OwnedQ4 2019vs Q4 2018$7.5MM$7.6MM
Rates

Rates for Bank of Springfield are currently being reviewed.

Locations

Availability



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