Midwest Bank (IL)

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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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

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.mbwi.com

309-734-2265

200 East Broadway
Monmouth, IL 61462

Midwest Bank (IL) is headquartered in MONMOUTH and is the 76^th largest bank in the state of Illinois. It is also the 1,422^nd largest bank in the nation. It was established in 1870 and as of March of 2025, it had grown to 89 employees at 8 locations. Midwest Bank (IL) has a B+ health rating.

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Health

B+

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	3711
Year Established	1870
Employees	89
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.67%
Return on Equity - YTD	8.63%
Annual Interest Income	$7.3MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$673.7MM$661.1MM
Loans	Q1 2025vs Q1 2024	$404.5MM$384.9MM
Deposits	Q1 2025vs Q1 2024	$552.3MM$519.1MM
Equity Capital	Q1 2025vs Q1 2024	$50.8MM$52.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$4.7MM$4.4MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$933K$866K
Real Estate Owned	Q1 2025vs Q1 2024	$100K$15K

TODAY'S FEATURED RATES

Member FDIC

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

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

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

Sorry, we do not have rate data for Midwest Bank (IL).

Locations

Midwest Bank (IL) Locations
Midwest Bank Of Western Illinois	200 E Broadway	Monmouth, IL 61462
Mercer County Banking Center	200 Se 13th Avenue Ct	Aledo, IL 61231
Seminary Banking Center Branch	2558 North Seminary St	Galesburg, IL 61401
Galesburg Banking Center Branch	612 W Main St	Galesburg, IL 61401
Oquawka Banking Center	Sixth and Schuyler Streets	Oquawka, IL 61469
Andalusia Branch	601 8th Street East	Andalusia, IL 61232
Moline Branch	3907 16th Street	Moline, IL 61265
East Peoria Branch	300 East Washington Street	East Peoria, IL 61611

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