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Overview / Commentary
3400 West Wabash
Springfield, IL 62711

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.

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 - YTD0.6%
Return on Equity - YTD6.94%
Annual Interest Income$16.6MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$891.0MM$868.1MM
LoansQ2 2016vs Q2 2015$748.5MM$734.9MM
DepositsQ2 2016vs Q2 2015$772.5MM$740.5MM
Equity CapitalQ2 2016vs Q2 2015$77.8MM$73.6MM
Loan Loss AllowanceQ2 2016vs Q2 2015$8.5MM$8.1MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$7.9MM$9.2MM
Real Estate OwnedQ2 2016vs Q2 2015$842.00K$5.3MM
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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 12 locations. Click to view all Bank of Springfield locations.