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Overview / Commentary
3400 West Wabash
Springfield, IL 62711

Bank of Springfield is headquartered in Springfield and is the 54th largest bank in the state of Illinois. It is also the 815th largest bank in the nation. It was established in 1965 and as of December of 2016, it had grown to 230 employees at 12 locations. Bank of Springfield has a B+ health rating.

Reviews (1)

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 Grade Components

FDIC Certificate #19506
Year Established1965
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD7.13%
Annual Interest Income$33.8MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$912.5MM$871.1MM
LoansQ4 2016vs Q4 2015$764.3MM$757.4MM
DepositsQ4 2016vs Q4 2015$794.2MM$752.3MM
Equity CapitalQ4 2016vs Q4 2015$79.9MM$74.8MM
Loan Loss AllowanceQ4 2016vs Q4 2015$9.2MM$7.7MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$7.4MM$7.7MM
Real Estate OwnedQ4 2016vs Q4 2015$765.00K$1.4MM
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Bank of Springfield CD Rates

1.31%$1k-5 Years CD
1.06%$1k-42 Months CD
1.02%$1k-4 Years CD
0.81%$1k-3 Years CD
0.56%$1k-2 Years CD
0.56%$1k-2 Years Rising Rate CD
0.41%$1k-18 Months CD
0.36%$10k-15 Months Flex CD
0.31%$1k-12 Months CD
0.16%$1k-6 Months CD
0.11%$1k-3 Months CD

Bank of Springfield IRA Rates

1.31%$250-3 Years Passbook TDOA
0.81%$2k-3 Years IRA
0.81%$2k-5 Years IRA
0.56%$2k-2 Years IRA
0.41%$2k-18 Months IRA
0.31%$2k-12 Months IRA
0.16%$2k-6 Months IRA

Bank of Springfield has 13 locations. Click to view all Bank of Springfield locations.