Lakeside Bank

Overview / Commentary
55 West Wacker Drive
Chicago, IL 60601

Lakeside Bank is headquartered in Chicago and is the 26th largest bank in the state of Illinois. It is also the 464th largest bank in the nation. It was established in 1966 and as of December of 2020, it had grown to 172 employees at 7 locations. Lakeside Bank has an A health rating.

Reviews (2)

Terrible Customer Service

Posted by: |

Called Lakeside Bank regarding opening a CD.
Had to wait on hold for 10 minutes before anyone picked up.
Customer service person was not able to answer any of my questions.
Customer service person was not able to connect me to anyone more knowledgeable.
Total waste of time

Bill Pay Nightmare

Don't trust the group they outsource for bill pay. My payment was never received and now I am stuck with a late fee. They claim to be conducting an investigation for weeks. However, I found out they are just calling my payee, harassing them, in order to attempt to have the late fee erased!


Health Grade Components

FDIC Certificate #19573
Year Established1966
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.4%
Return on Equity - YTD13.69%
Annual Interest Income$85.3MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$2.18B$1.87B
LoansQ4 2020vs Q4 2019$1.61B$1.55B
DepositsQ4 2020vs Q4 2019$1.84B$1.54B
Equity CapitalQ4 2020vs Q4 2019$211.4MM$210.1MM
Loan Loss AllowanceQ4 2020vs Q4 2019$31.2MM$24.2MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$16.5MM$6.9MM
Real Estate OwnedQ4 2020vs Q4 2019$1.7MM$1.0MM
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Lakeside Bank Savings Account Rates

0.50%*-$100kKasasa Saver
OTHER TIERS: 0.10% $100k+

Lakeside Bank Checking Account Rates

1.50%*-$25kKasasa Cash
OTHER TIERS: 0.10% $25k+

Lakeside Bank CD Rates

0.25%$2.5k$250k24 Month CD
0.20%$2.5k$250k12 Month CD
0.15%$2.5k$250k8 Month CD

Lakeside Bank Locations
Roosevelt Office Branch1055 West RooseveltChicago, IL 60608
Board Of Trade Facility141 West Jackson BoulevardChicago, IL 60604
Indiana Facility1350 South Michigan AveChicago, IL 60605
Chinatown Facility2200 South Archer AvenueChicago, IL 60616
Lakeview/Lincoln Park Branch2800 N Ashland AveChicago, IL 60657
Lakeside Bank55 West Wacker DriveChicago, IL 60601
Elmhurst Branch165 S. York StreetElmhurst, IL 60126

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