Collinsville Building & Loan (IL) Celebrates With 13-month CD Special


Availability: Southwestern Illinois

This week, Collinsville Building & Loan Association celebrates its 130th anniversary, and to commemorate the occasion is offering a 13-month CD Special (1.30% APY). The minimum opening deposit is $1K and there is no maximum balance cap.

According to CSR, the Early Withdrawal Penalty on the 13-month CD Special is 6 months interest.


Although located in the St. Louis (Missouri) Metro-East area, Collinsville Building & Loan Association’s (CB&L) market area is limited to the southwestern Illinois counties of Madison and St. Clair.

Opening any type of account with CB&L requires an in-person visit to either Illinois branch located in Collinsville and Troy.

On May 15, 2015, CB&L is serving a complimentary lunch (11 am -3 pm) at both branch locations. In addition to the picnic lunch, CB&L coolie cups and other "goodies" will be available. There is also a drawing for a $50 gift card from a local restaurant.

The Board Members and Staff of Collinsville Building and Loan would like to thank our customers and our community for being a part of our 130 years of success!

Building and Loan Overview

Collinsville Building & Loan Association has an overall health grade of "B+" at, with a Texas ratio of 2.23% (excellent), based on December 31, 2014 data. CB&L has a excellent capitalization level of 27.57%, a result of holding $119.82 Million in assets, with $33.03 Million in equity. Please refer to our financial overview of Collinsville Building & Loan Association for more details.

Founded in 1885, the Collinsville Building & Loan Association (FDIC Certificate # 28103) is Collinsville’s oldest financial institution. Growing quickly in its first year of operation, the inaugural annual financial statement in 1886 listed loans in force of $8,100. Even the Great Depression seemed to have had little impact on the growth of CB&L, with assets growing to $878,000 in 1933. 100 years after opening its doors, CB&L acquired the Troy Savings and Homestead Association in 1985.


How the CD Compares

When compared to other similar length of term CDs tracked by, requiring a similar minimum deposit and available to Illinois residents, Collinsville Building & Loan Association’s 13-month CD Special is competitive.

The above rates are accurate as of 5/13/2015.

To search for nationwide CD rates and CD rates in your state, please refer to the CD rates section of

Related Pages: Collinsville Building and Loan Association, St. Louis


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.