Bank of Springfield
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.31% | 5-year CD | 5 Years CD 1.85% - Synchrony Bank 60 Month CD |
| 0.31% | 1-year CD | 12 Months CD 1.05% - Ally Bank High Yield 12-Month CD |
| 1.02% | 4-year CD | 4 Years CD |
Bank of Springfield is headquartered in Springfield and is the 52nd largest bank in the state of Illinois. It is also the 816th largest bank in the nation. It was established in 1965 and as of June of 2016, it had grown to 210 employees at 12 locations. Bank of Springfield has an A 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 Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19506 |
| Year Established | 1965 |
| Employees | 210 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.6% |
| Return on Equity - YTD | 6.94% |
| Annual Interest Income | $16.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $891.0MM$868.1MM |
| Loans | Q2 2016vs Q2 2015 | $748.5MM$734.9MM |
| Deposits | Q2 2016vs Q2 2015 | $772.5MM$740.5MM |
| Equity Capital | Q2 2016vs Q2 2015 | $77.8MM$73.6MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $8.5MM$8.1MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $7.9MM$9.2MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $842.00K$5.3MM |
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.
Bank of Springfield CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 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 12 locations. Click to view all Bank of Springfield locations.