Better Banks is headquartered in PEORIA and is the 113^th largest bank in the state of Illinois. It is also the 1,938^th largest bank in the nation. It was established in 1898 and as of September of 2024, it had grown to 79 employees at 10 locations. Better Banks has a C+ health rating.

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Health

C+

Data as of Q3 2024

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Health Grade Components

Overall
FDIC Certificate #	1808
Year Established	1898
Employees	79
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.7%
Return on Equity - YTD	11.72%
Annual Interest Income	$14.8MM

Assets and Liabilities
Assets	Q3 2024vs Q3 2023	$445.8MM$457.4MM
Loans	Q3 2024vs Q3 2023	$285.1MM$277.2MM
Deposits	Q3 2024vs Q3 2023	$411.6MM$432.9MM
Equity Capital	Q3 2024vs Q3 2023	$30.8MM$21.3MM
Loan Loss Allowance	Q3 2024vs Q3 2023	$3.8MM$3.9MM
Unbacked Noncurrent Loans	Q3 2024vs Q3 2023	$4.3MM$2.7MM
Real Estate Owned	Q3 2024vs Q3 2023	$1MM$1MM

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

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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 Branch	122 West Broadway	Astoria, IL 61501

Bartonville Branches
Bartonville Facility	1204 West Garfield Avenue	Bartonville, IL 61607
Bartonville Bank Branch	5600 South Adams Street	Bartonville, IL 61607

Chillicothe Branches
900 North 4th Street Branch	900 North Fourth Street	Chillicothe, IL 61523

Dunlap Branches
Dunlap Branch	201 North 2nd Street	Dunlap, IL 61525

Glasford Branches
Glasford Main Branch	305 W Main St	Glasford, IL 61533

Mapleton Branches
Mapleton Branch	10045 West Lancelot Drive	Mapleton, IL 61547

Morton Branches
Morton Branch	805 West Jackson Street	Morton, IL 61550

Peoria Branches
Better Banks	10225 N Knoxville Ave	Peoria, IL 61615

Wyoming Branches
Wyoming Bank & Trust Company - Branch	200 West Williams Street	Wyoming, IL 61491

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