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First State Bank of Forrest


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
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
APY APY = Annual Percentage Yield Rates as of 7/3/2025
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
APY APY = Annual Percentage Yield Rates as of 7/3/2025
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
APY APY = Annual Percentage Yield Rates as of 7/3/2025
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
Bonus Amount
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
www.firststatebankofforrest.com
815-657-8248
133 E. Krack St.
Forrest, IL 61741

First State Bank of Forrest is headquartered in FORREST and is the 154th largest bank in the state of Illinois. It is also the 2,464th largest bank in the nation. It was established in 1914 and as of March of 2025, it had grown to 54 employees at 6 locations. First State Bank of Forrest has a C+ health rating.

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Health
C+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #11669
Year Established1914
Employees54
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD6.44%
Annual Interest Income$4.1MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$307.7MM$295.4MM
LoansQ1 2025vs Q1 2024$262.8MM$255.6MM
DepositsQ1 2025vs Q1 2024$257MM$250.1MM
Equity CapitalQ1 2025vs Q1 2024$26.2MM$24.8MM
Loan Loss AllowanceQ1 2025vs Q1 2024$2.6MM$2.4MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$5.1MM$1.9MM
Real Estate OwnedQ1 2025vs Q1 2024$0$34K
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
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
APY APY = Annual Percentage Yield Rates as of 7/3/2025
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
APY APY = Annual Percentage Yield Rates as of 7/3/2025
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
APY APY = Annual Percentage Yield Rates as of 7/3/2025
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
Bonus Amount
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
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Always verify rates and promotions with the bank or credit union. We are not First State Bank of Forrest; 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.

First State Bank of Forrest Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*$0$25kKasasa Saver
OTHER TIERS: 0.25% → $25k+
0.25%$1-Regular Savings Account
0.25%$1-Christmas Club

First State Bank of Forrest Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-Money Market Account

First State Bank of Forrest Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$0$25kKasasa Cash Checking
0.25%$500-Now Account
Locations


First State Bank of Forrest Locations
115 N Chestnut St Branch115 North Chestnut StreetOnarga, IL 60955
First State Bank Of Forrest133 E Krack StForrest, IL 61741
Peoria Heights Branch4717 North Prospect RoadPeoria Heights, IL 61614
Fairbury Branch603 West Oak StreetFairbury, IL 61739
Erie Branch915 8th AvenueErie, IL 61250
Mahomet Branch1004 S. Purnell DriveMahomet, IL 61853

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