Bank of Springfield
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.31% | 5-year CD | 5 Years CD 2.25% - Ally Bank High Yield 5 Year CD |
| 0.31% | 1-year CD | 12 Months CD 1.50% - Ally Bank No Penalty 11-Month CD |
| 1.02% | 4-year CD | 4 Years CD |
Bank of Springfield is headquartered in Springfield and is the 51st largest bank in the state of Illinois. It is also the 806th largest bank in the nation. It was established in 1965 and as of March of 2017, it had grown to 234 employees at 13 locations. Bank of Springfield has a B+ 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 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19506 |
| Year Established | 1965 |
| Employees | 234 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 6.36% |
| Annual Interest Income | $8.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $932.3MM$891.2MM |
| Loans | Q1 2017vs Q1 2016 | $753.6MM$739.6MM |
| Deposits | Q1 2017vs Q1 2016 | $791.8MM$776.3MM |
| Equity Capital | Q1 2017vs Q1 2016 | $81.2MM$75.6MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $9.5MM$8.2MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $7.3MM$8.0MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $527.00K$1.3MM |
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 13 locations. Click to view all Bank of Springfield locations.