Overview / Commentary
Devon Bank is headquartered in CHICAGO and is the 100th largest bank in the state of Illinois. It is also the 1,771st largest bank in the nation. It was established in 1945 and as of September of 2024, it had grown to 122 employees at 3 locations. Devon Bank's savings rates are 9X the national average, and it has a B+ health rating.
Reviews (1)
Worst Experience!
Posted by: Zuheyla22 | Dec 5, 2022
This is the worst bank I have EVER been too! Nobody helps, and everybody is so inhumane. They take your time, and money, AND on top of that break your heart over and over again. Horrible management ! If I could go back and work with another bank I would. Devon Bank is not worth it.
Health
B+
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16249 |
| Year Established | 1945 |
| Employees | 122 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.32% |
| Return on Equity - YTD | -5.3% |
| Annual Interest Income | $17.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $511.3MM$556.6MM |
| Loans | Q3 2024vs Q3 2023 | $221.6MM$249.1MM |
| Deposits | Q3 2024vs Q3 2023 | $329.9MM$381.6MM |
| Equity Capital | Q3 2024vs Q3 2023 | $31.9MM$30.9MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $3MM$3.7MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $377K$0 |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |