Illinois Bank & Trust

Overview / Commentary
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 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.

Reviews (2)

Rewards Checking Still 3.01%

Posted by: |

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

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 Grade Components

FDIC Certificate #34076
Year Established1995
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.53%
Return on Equity - YTD20.46%
Annual Interest Income$24.0MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$1.70B$1.67B
LoansQ2 2022vs Q2 2021$836.7MM$840.0MM
DepositsQ2 2022vs Q2 2021$1.58B$1.51B
Equity CapitalQ2 2022vs Q2 2021$109.4MM$150.9MM
Loan Loss AllowanceQ2 2022vs Q2 2021$7.1MM$9.1MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$706.00K$1.3MM
Real Estate OwnedQ2 2022vs Q2 2021$68.00K$1.8MM
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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

1.25%*$250k*-Signature Series Savings
OTHER TIERS: 0.50% $50k - $150k | 1.00% $150k - $250k
0.75%*$50k*-Platinum Savings
OTHER TIERS: 0.25% Up to $50k
0.05%$100-Regular Savings
0.01%--IRA Savings

Illinois Bank & Trust Money Market Rates

1.75%*$1m*-Premium Money Market Savings
OTHER TIERS: 0.05% Up to $100k | 1.25% $100k - $1m
1.00%*$2.5k*-Regular Money Market Savings
OTHER TIERS: 0.05% Up to $100k

Illinois Bank & Trust Checking Account Rates

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 CD Rates

3.75%$1k-15 Month CD Special
3.50%$1k-9 Month CD Special
0.75%$1k-48 Month CD
0.75%$1k-60 Month CD
0.70%$1k-36 Month CD
0.60%$1k-24 Month CD
0.60%$1k-18 Month CD
0.55%$1k-12 Month CD
0.25%$1k-6 Month CD
0.10%$1k-3 Month CD

Illinois Bank & Trust IRA Rates

3.75%$1k-15 Month IRA Special
3.50%$1k-9 Month IRA Special
0.75%$1k-48 Month IRA
0.75%$1k-60 Month IRA
0.70%$1k-36 Month IRA
0.60%$1k-24 Month IRA
0.60%$1k-18 Month IRA
0.55%$1k-12 Month IRA
0.25%$1k-6 Month IRA
0.01%$1k-3 Month IRA

Illinois Bank & Trust Locations
Rt. 173 Banking Center Branch1515 West Lane RdMachesney Park, IL 61115
Sterling Banking Center2403 North Locust StreetSterling, IL 61081
Harrison Avenue Branch2625 Stowmarket AvenueRockford, IL 61109
Illinois Bank & Trust4571 Guilford RdRockford, IL 61107
South Main Facility400 South Main StreetGalena, IL 61036
Stewart Square Office Branch308 W. State Street Suite 100Rockford, IL 61101
Rockford Branch6855 E Riverside BlvdRockford, IL 61114
Galena Branch716 S. Bench StreetGalena, IL 61036

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