Bank of Springfield
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.31% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
| 0.31% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 1.02% | 4-year CD | 2.90% - Barclays 48 Month Online CD |
Bank of Springfield is headquartered in Springfield and is the 47th largest bank in the state of Illinois. It is also the 773rd largest bank in the nation. It was established in 1965 and as of December of 2018, it had grown to 272 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 Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19506 |
| Year Established | 1965 |
| Employees | 272 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.68% |
| Return on Equity - YTD | 7.58% |
| Annual Interest Income | $42.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.01B$981.8MM |
| Loans | Q4 2018vs Q4 2017 | $854.0MM$830.2MM |
| Deposits | Q4 2018vs Q4 2017 | $839.1MM$825.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $92.1MM$84.6MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $7.2MM$9.0MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $22.7MM$23.4MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $7.6MM$866.00K |
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.
Bank of Springfield CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.86% | $1k | - | 2 Year CD | |
| 1.31% | $1k | - | 5 Year CD | |
| 1.06% | $1k | - | 42 Month CD | |
| 1.02% | $1k | - | 4 Year CD | |
| 0.81% | $1k | - | 3 Year CD | |
| 0.56% | $1k | - | 2 Year Rising Rate CD | |
| 0.41% | $1k | - | 18 Month CD | |
| 0.36% | $10k | - | 15 Month Flex CD | |
| 0.31% | $1k | - | 12 Month CD | |
| 0.16% | $1k | - | 6 Month CD | |
| 0.11% | $1k | - | 3 Month CD |
