Bank of Springfield is headquartered in Springfield and is the 50th largest bank in the state of Illinois. It is also the 785th largest bank in the nation. It was established in 1965 and as of March of 2019, it had grown to 282 employees at 13 locations. Bank of Springfield has a C health rating.
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.
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19506 |
| Year Established | 1965 |
| Employees | 282 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.65% |
| Return on Equity - YTD | 7.03% |
| Annual Interest Income | $11.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $1.01B$962.6MM |
| Loans | Q1 2019vs Q1 2018 | $829.8MM$815.1MM |
| Deposits | Q1 2019vs Q1 2018 | $838.3MM$818.5MM |
| Equity Capital | Q1 2019vs Q1 2018 | $93.7MM$86.5MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $7.7MM$9.5MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $28.1MM$23.3MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $7.9MM$730.00K |
Always verify rates and promotions with the bank or credit union. We are not Bank of Springfield; we are a rate comparison website and cannot provide official rates or promotions.
