Illinois Bank & Trust


Overview / Commentary
815-637-7000
4571 Guilford Rd
Rockford, IL 61107

Illinois Bank & Trust is headquartered in Rockford and is the 35th largest bank in the state of Illinois. It is also the 628th largest bank in the nation. It was established in 1995 and as of June of 2021, it had grown to 81 employees at 10 locations. Illinois Bank & Trust has an A health rating.

Reviews (3)

Rewards Checking Still 3.01%

Posted by: |

On balances up to $20,000.. Great know the customer local Community Bank Service!

Fees Fees Fees

2021 covid overdraft fee's.. like taking candy from a baby.. there are tons of banks now offering better online banking services with no ridiculous fees

Poor Customer 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.



Health

Health Grade Components

Overall
FDIC Certificate #34076
Year Established1995
Employees81
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.58%
Return on Equity - YTD16.8%
Annual Interest Income$25.0MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$1.67B$1.47B
LoansQ2 2021vs Q2 2020$840.0MM$969.4MM
DepositsQ2 2021vs Q2 2020$1.51B$1.32B
Equity CapitalQ2 2021vs Q2 2020$150.9MM$139.7MM
Loan Loss AllowanceQ2 2021vs Q2 2020$9.1MM$13.0MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$1.3MM$7.3MM
Real Estate OwnedQ2 2021vs Q2 2020$1.8MM$1.9MM
Rates
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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.

Illinois Bank & Trust Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%$100-Regular Savings
0.01%--High Yield Savings Account
0.01%--Passbook Savings
0.01%--Platinum Savings
0.01%$50k-Signature Series Savings
0.01%--IRA Savings
0.01%--Business Solutions High Yield Savings account
0.01%$100-Business Savings
0.01%--Business High Yield Savings account

Illinois Bank & Trust Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Regular Money Market Savings
0.01%--Premium Money Market Savings
0.01%--Business Premium Money Market Savings
0.01%--Business Money Market Savings
0.01%--Business Solutions Money Market

Illinois Bank & Trust Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Platinum Checking
0.01%$50k-Signature Series Checking
0.01%--Commercial interest checking

Illinois Bank & Trust CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-48 Month CD
0.25%$1k-60 Month CD
0.25%$1k-84 Month CD
0.20%$1k-36 Month CD
0.15%$1k-24 Month CD
0.10%$1k-12 Month CD
0.10%$1k-18 Month CD
0.05%$1k-6 Month CD
0.01%$1k-3 Month CD

Illinois Bank & Trust IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-48 Month IRA
0.25%$1k-60 Month IRA
0.25%$1k-84 Month IRA
0.20%$1k-36 Month IRA
0.15%$1k-24 Month IRA
0.10%$1k-12 Month IRA
0.10%$1k-18 Month Add on
0.05%$1k-6 Month IRA
0.01%$1k-3 Month IRA
Locations


Cities: Elizabeth, Galena, Machesney Park, Rockford, Sterling, Stockton

Elizabeth Branches
The Elizabeth State Bank Branch151 Main StreetElizabeth, IL 61028

Galena Branches
Galena State Bank & Trust Co.971 Gear StreetGalena, IL 61036
South Main Facility400 South Main StreetGalena, IL 61036

Machesney Park Branches
Rt. 173 Banking Center Branch1515 West Lane RdMachesney Park, IL 61115

Rockford Branches
Harrison Avenue Branch2625 Stowmarket AvenueRockford, IL 61109
Illinois Bank & Trust4571 Guilford RdRockford, IL 61107
Stewart Square Office Branch308 W. State Street Suite 100Rockford, IL 61101
Rockford Branch6855 E Riverside BlvdRockford, IL 61114

Sterling Branches
Sterling Banking Center2403 North Locust StreetSterling, IL 61081

Stockton Branches
Stockton Branch11655 U.S. 20 E.Stockton, IL 61085

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