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.
Overall | |
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FDIC Certificate # | 1808 |
Year Established | 1898 |
Employees | 79 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.9% |
Return on Equity - YTD | 12.96% |
Annual Interest Income | $4.8MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $431.4MM$458.9MM |
Loans | Q1 2025vs Q1 2024 | $283.1MM$283.6MM |
Deposits | Q1 2025vs Q1 2024 | $397.5MM$430.3MM |
Equity Capital | Q1 2025vs Q1 2024 | $30.6MM$25.9MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.6MM$3.8MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $4.3MM$3MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $1MM$1MM |
Rates for Better Banks are currently being reviewed.
Astoria Branches | ||
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Farmers State Bank Branch | 122 West Broadway | Astoria, IL 61501 |
Bartonville Branches | ||
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Bartonville Facility | 1204 West Garfield Avenue | Bartonville, IL 61607 |
Bartonville Bank Branch | 5600 South Adams Street | Bartonville, IL 61607 |
Chillicothe Branches | ||
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900 North 4th Street Branch | 900 North Fourth Street | Chillicothe, IL 61523 |
Dunlap Branches | ||
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Dunlap Branch | 201 North 2nd Street | Dunlap, IL 61525 |
Glasford Branches | ||
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Glasford Main Branch | 305 W Main St | Glasford, IL 61533 |
Mapleton Branches | ||
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Mapleton Branch | 10045 West Lancelot Drive | Mapleton, IL 61547 |
Morton Branches | ||
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Morton Branch | 805 West Jackson Street | Morton, IL 61550 |
Peoria Branches | ||
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Better Banks | 10225 N Knoxville Ave | Peoria, IL 61615 |
Wyoming Branches | ||
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Wyoming Bank & Trust Company - Branch | 200 West Williams Street | Wyoming, IL 61491 |