Better Banks


Overview / Commentary
309-272-1000
10225 North Knoxville Avenue
Peoria, IL 61615

Better Banks is headquartered in PEORIA and is the 116th largest bank in the state of Illinois. It is also the 1,993rd largest bank in the nation. It was established in 1898 and as of March of 2025, it had grown to 79 employees at 10 locations. Better Banks has a C+ health rating.

Reviews

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Health
C+

Health Grade Components

Overall
FDIC Certificate #1808
Year Established1898
Employees79
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD12.96%
Annual Interest Income$4.8MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$431.4MM$458.9MM
LoansQ1 2025vs Q1 2024$283.1MM$283.6MM
DepositsQ1 2025vs Q1 2024$397.5MM$430.3MM
Equity CapitalQ1 2025vs Q1 2024$30.6MM$25.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$3.6MM$3.8MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$4.3MM$3MM
Real Estate OwnedQ1 2025vs Q1 2024$1MM$1MM
Rates

Rates for Better Banks are currently being reviewed.

Locations


Cities: Astoria, Bartonville, Chillicothe, Dunlap, Glasford, Mapleton, Morton, Peoria, Wyoming

Astoria Branches
Farmers State Bank Branch122 West BroadwayAstoria, IL 61501

Bartonville Branches
Bartonville Facility1204 West Garfield AvenueBartonville, IL 61607
Bartonville Bank Branch5600 South Adams StreetBartonville, IL 61607

Chillicothe Branches
900 North 4th Street Branch900 North Fourth StreetChillicothe, IL 61523

Dunlap Branches
Dunlap Branch201 North 2nd StreetDunlap, IL 61525

Glasford Branches
Glasford Main Branch305 W Main StGlasford, IL 61533

Mapleton Branches
Mapleton Branch10045 West Lancelot DriveMapleton, IL 61547

Morton Branches
Morton Branch805 West Jackson StreetMorton, IL 61550

Peoria Branches
Better Banks10225 N Knoxville AvePeoria, IL 61615

Wyoming Branches
Wyoming Bank & Trust Company - Branch200 West Williams StreetWyoming, IL 61491

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