Illinois Bank & Trust is headquartered in Rockford and is the 35th largest bank in the state of Illinois. It is also the 635th largest bank in the nation. It was established in 1995 and as of June of 2022, it had grown to 80 employees at 6 locations. Illinois Bank & Trust's money market rates are 4X the national average, and it has an A health rating.
On balances up to $20,000.. Great know the customer local Community Bank Service!
I have been a customer for several years, and prior to the merger a few years back, I was always happy with the customer service and hometown feel. In December of last year I had to undergo a double mastectomy, ending up hospitalized for a week, I lost my job and was going through a divorce. I spoke with a personal banker, knowing that I would have difficulties financially; fast forward to no empathy, no options and I am now -1,600 with an account that I thought was paid and closed.
Overall | |
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FDIC Certificate # | 34076 |
Year Established | 1995 |
Employees | 80 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.53% |
Return on Equity - YTD | 20.46% |
Annual Interest Income | $24.0MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.70B$1.67B |
Loans | Q2 2022vs Q2 2021 | $836.7MM$840.0MM |
Deposits | Q2 2022vs Q2 2021 | $1.58B$1.51B |
Equity Capital | Q2 2022vs Q2 2021 | $109.4MM$150.9MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $7.1MM$9.1MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $706.00K$1.3MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $68.00K$1.8MM |
Always verify rates and promotions with the bank or credit union. We are not Illinois Bank & Trust; 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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1.00%* | $250k* | - | Signature Series Checking | ||
OTHER TIERS: 0.25% → $50k - $150k | 0.75% → $150k - $250k | |||||
0.50%* | $50k* | - | Platinum Checking | ||
OTHER TIERS: 0.10% → Up to $50k |
Illinois Bank & Trust Locations | ||
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Rt. 173 Banking Center Branch | 1515 West Lane Rd | Machesney Park, IL 61115 |
Sterling Banking Center | 2403 North Locust Street | Sterling, IL 61081 |
Harrison Avenue Branch | 2625 Stowmarket Avenue | Rockford, IL 61109 |
Illinois Bank & Trust | 4571 Guilford Rd | Rockford, IL 61107 |
South Main Facility | 400 South Main Street | Galena, IL 61036 |
Stewart Square Office Branch | 308 W. State Street Suite 100 | Rockford, IL 61101 |
Rockford Branch | 6855 E Riverside Blvd | Rockford, IL 61114 |
Galena Branch | 716 S. Bench Street | Galena, IL 61036 |