Farmers State Bank of Western Illinois

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

fsbwil.com

309-629-4361

124 West D Street
Alpha, IL 61413-0369

Farmers State Bank of Western Illinois is headquartered in ALPHA and is the 228^th largest bank in the state of Illinois. It is also the 3,325^th largest bank in the nation. It was established in 1910 and as of March of 2025, it had grown to 36 employees at 6 locations. Farmers State Bank of Western Illinois' CD rates are 3X the national average, and it has a B+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	11680
Year Established	1910
Employees	36
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.87%
Return on Equity - YTD	8.52%
Annual Interest Income	$1.7MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$159.7MM$160.4MM
Loans	Q1 2025vs Q1 2024	$71.8MM$68MM
Deposits	Q1 2025vs Q1 2024	$138.4MM$141.5MM
Equity Capital	Q1 2025vs Q1 2024	$17.2MM$15.2MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.4MM$1.1MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$853K$290K
Real Estate Owned	Q1 2025vs Q1 2024	$0$45K

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

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

APY	MIN	MAX	ACCOUNT NAME
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	-	Christmas Club

Farmers State Bank of Western Illinois Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.15%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.50% → $0 - $25k \| 0.75% → $25k - $100k

Farmers State Bank of Western Illinois Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	$1k	-	Premium Checking

Farmers State Bank of Western Illinois CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.03%	$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
0.40%	$500	-	3 Month CD

Farmers State Bank of Western Illinois IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.03%	$500	-	12 Month IRA
1.26%	$500	-	60 Month IRA
1.15%	$500	-	48 Month IRA
1.00%	$500	-	36 Month IRA
0.85%	$500	-	24 Month IRA
0.25%	$100	-	IRA Savings

Locations

Farmers State Bank of Western Illinois Locations
Farmers State Bank Of Western Illinois	124 W D St	Alpha, IL 61413
Viola Facility	1803 13th St	Viola, IL 61486
Aledo Branch	201 South College Avenue	Aledo, IL 61231
Alexis Branch	205 East Broadway	Alexis, IL 61412
Woodhull Branch	174 North Division Street	Woodhull, IL 61490
New Windsor Branch	600 Main Street	New Windsor, IL 61465

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.