First American Bank (IL) is headquartered in Elk Grove Villag and is the 10th largest bank in the state of Illinois. It is also the 214th largest bank in the nation. It was established in 1901 and as of December of 2018, it had grown to 688 employees at 54 locations. First American Bank (IL) has a B+ health rating.
This is the best bank I have ever dealt with. They have the most wonderful customer service people in the industry. They have helped me deal with all of my financial matters in a friendly and professional manner. I had a no headache time when calling to have charges removed from my debit card. I would recommend this bank! Free checking and competitive fees are also a couple more reasons to consider First American Bank. For me, it's all about the superior customer service!
I am a long-distance customer, so I haven't visited a branch. Website is easy to use, quick to access and seems secure (uses multiple security features). I only had one problem and it was quickly rectified. Special requests have been cheerfully and promptly handled.
I've had an HSA account with them for about 5 years. I've used their ATM card and online banking. Tonight I try to access my account for a transfer and I'm denied because I won't sign an online agreement. This is not an informative agreement, it has stipulations I now have to agree to in order to access my funds. They have my money and want to change the conditions of the agreement they have with my company that uses them for the HSA. They are unbelievably crooked. I doubt that it is even legal and they are denying access to my funds. Stay away.
|FDIC Certificate #||3657|
|Return on Assets - YTD||0.81%|
|Return on Equity - YTD||10.03%|
|Annual Interest Income||$163.2MM|
|Assets and Liabilities|
|Assets||Q4 2018vs Q4 2017||$5.32B$3.74B|
|Loans||Q4 2018vs Q4 2017||$1.75B$1.47B|
|Deposits||Q4 2018vs Q4 2017||$3.84B$2.50B|
|Equity Capital||Q4 2018vs Q4 2017||$367.4MM$370.8MM|
|Loan Loss Allowance||Q4 2018vs Q4 2017||$22.6MM$20.5MM|
|Unbacked Noncurrent Loans||Q4 2018vs Q4 2017||$24.4MM$17.6MM|
|Real Estate Owned||Q4 2018vs Q4 2017||$887.00K$751.00K|
Rates for First American Bank (IL) are currently being reviewed.