Municipal Bank

Overview / Commentary

www.municipalbank.com

815-935-8000

720 Main Street, N.W.
Bourbonnais, IL 60914

Municipal Bank is headquartered in Bourbonnais and is the 134^th largest bank in the state of Illinois. It is also the 2,247^th largest bank in the nation. It was established in 1981 and as of September of 2020, it had grown to 54 employees at 3 locations. Municipal Bank has an A health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q3 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	23546
Year Established	1981
Employees	54
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	2.68%
Return on Equity - YTD	17.62%
Annual Interest Income	$9.6MM

Assets and Liabilities
Assets	Q3 2020vs Q3 2019	$324.4MM$317.9MM
Loans	Q3 2020vs Q3 2019	$204.3MM$185.0MM
Deposits	Q3 2020vs Q3 2019	$262.5MM$254.7MM
Equity Capital	Q3 2020vs Q3 2019	$50.0MM$52.8MM
Loan Loss Allowance	Q3 2020vs Q3 2019	$2.7MM$2.7MM
Unbacked Noncurrent Loans	Q3 2020vs Q3 2019	$2.6MM$1.0MM
Real Estate Owned	Q3 2020vs Q3 2019	$2.4MM$2.4MM

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Municipal Bank; 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.

Municipal Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.07%^*	$25k^*	-	Statement Savings
OTHER TIERS: 0.05% → $300 - $25k
0.05%	$25	-	Minor Statement Savings
0.05%	$25	-	Christmas Club Savings

Municipal Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.19%^*	$150k^*	-	Classic Insured Money Market
OTHER TIERS: 0.02% → $2.5k - $25k \| 0.06% → $25k - $75k \| 0.16% → $75k - $150k

Municipal Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.16%^*	$100k^*	-	Prestige Checking Account
OTHER TIERS: 0.02% → $5k - $30k \| 0.04% → $30k - $75k \| 0.12% → $75k - $100k
0.05%	$1k	-	NOW Account
0.02%	$1k	-	Homeowners Choice Account

Municipal Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$1k	-	60 Month CD
0.60%	$1k	$500k	60 Month CD - New Money
0.45%	$1k	-	48 Month CD
0.45%	$1k	$500k	48 Month CD - New Money
0.40%	$1k	-	36 Month CD
0.40%	$5k	-	15 Month CD Special
0.40%	$5k	$500k	15 Month CD Special - New money
0.40%	$1k	$500k	36 Month CD - New Money
0.28%	$1k	-	24 Month CD
0.28%	$1k	-	30 Month CD
0.28%	$1k	$500k	24 Month CD - New Month
0.28%	$1k	$500k	30 Month CD - New money
0.23%	$1k	-	18 Month CD
0.23%	$1k	$500k	18 Month CD - New money
0.20%	$1k	-	12 Month CD
0.20%	$1k	$500k	12 Month CD - New Money
0.11%	$2.5k	-	6 Month CD
0.11%	$2.5k	$500k	6 Month CD - New Money
0.05%	$2.5k	-	90 Day CD
0.05%	$2.5k	$500k	90 Day CD - New Money

Municipal Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$500	-	60 Month IRA
0.45%	$500	-	48 Month IRA
0.40%	$500	-	36 Month IRA
0.28%	$500	-	24 Month IRA
0.28%	$500	-	30 Month IRA
0.23%	$500	-	18 Month IRA
0.20%	$500	-	12 Month IRA

Locations

Municipal Bank Locations
Manteno Branch	110 Marquette Place	Manteno, IL 60950
Momence Branch	228 North Dixie Highway	Momence, IL 60954
Municipal Trust and Savings Bank	720 Main Street, N.W.	Bourbonnais, IL 60914

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.