Farmers State Bank of Western Illinois


Overview / Commentary
309-629-4361
124 West D Street
Alpha, IL 61413-0369

Farmers State Bank of Western Illinois is headquartered in ALPHA and is the 226th largest bank in the state of Illinois. It is also the 3,267th largest bank in the nation. It was established in 1910 and as of September of 2023, it had grown to 34 employees at 6 locations. Farmers State Bank of Western Illinois' CD rates are 5X the national average, and it has a B health rating.

Reviews (1)

Does Not Do Accounts For Customers Out Of State!

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does not do accounts for customers out of state!



Health

Health Grade Components

Overall
FDIC Certificate #11680
Year Established1910
Employees34
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.12%
Return on Equity - YTD13.88%
Annual Interest Income$4.8MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$165.8MM$179.5MM
LoansQ3 2023vs Q3 2022$66.5MM$64.6MM
DepositsQ3 2023vs Q3 2022$149.4MM$164.2MM
Equity CapitalQ3 2023vs Q3 2022$12.7MM$12MM
Loan Loss AllowanceQ3 2023vs Q3 2022$1.2MM$1.2MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$500K$283K
Real Estate OwnedQ3 2023vs Q3 2022$87K$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Farmers State Bank of Western Illinois; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Farmers State Bank of Western Illinois Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$100-Christmas Club - w/Auto Payments
0.25%$100-Classic Savings
0.25%$100-Combo Savings
0.25%$100-Penny Savers
0.25%$100-IRA Savings
0.25%$100-Christmas Club

Farmers State Bank of Western Illinois Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.15%*$100k*-Money Market Account
OTHER TIERS: 0.50% Up to $25k | 0.75% $25k - $100k

Farmers State Bank of Western Illinois Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-Premium Checking

Farmers State Bank of Western Illinois CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.58%$500-12 Month CD
1.26%$500-60 Month CD
1.15%$500-48 Month CD
1.00%$500-36 Month CD
0.85%$500-24 Month CD
0.55%$500-6 Month CD
0.45%$500-3 Month CD

Farmers State Bank of Western Illinois IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.58%$500-12 Month IRA
3.29%$500-24 Month IRA
2.27%$500-60 Month IRA
1.15%$500-48 Month IRA
1.00%$500-36 Month IRA
Locations


Farmers State Bank of Western Illinois Locations
Farmers State Bank Of Western Illinois124 W D StAlpha, IL 61413
Viola Facility1803 13th StViola, IL 61486
Aledo Branch201 South College AvenueAledo, IL 61231
Alexis Branch205 East BroadwayAlexis, IL 61412
Woodhull Branch174 North Division StreetWoodhull, IL 61490
New Windsor Branch600 Main StreetNew Windsor, IL 61465

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