Overview / Commentary
217-529-5555
3400 West Wabash
Springfield, IL 62711

Bank of Springfield is headquartered in Springfield and is the 49th largest bank in the state of Illinois. It is also the 796th largest bank in the nation. It was established in 1965 and as of March of 2018, it had grown to 268 employees at 13 locations. Bank of Springfield has a C+ 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
C+

Health Grade Components

Overall
FDIC Certificate #19506
Year Established1965
Employees268
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.93%
Return on Equity - YTD10.61%
Annual Interest Income$10.6MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$962.6MM$932.3MM
LoansQ1 2018vs Q1 2017$815.1MM$753.6MM
DepositsQ1 2018vs Q1 2017$818.5MM$791.8MM
Equity CapitalQ1 2018vs Q1 2017$86.5MM$81.2MM
Loan Loss AllowanceQ1 2018vs Q1 2017$9.5MM$9.5MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$23.3MM$7.3MM
Real Estate OwnedQ1 2018vs Q1 2017$730.00K$527.00K
Rates
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Bank of Springfield CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.31%$1k-5 Year CD
1.06%$1k-4 Year CD
1.02%$1k-42 Month CD
0.81%$1k-3 Year CD
0.56%$1k-2 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
Locations

Availability



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