Providence Bank & Trust

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written by Ken Tumin
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Banks and credit unions are battling it out for deposits...\r\nSee More\r\n

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Banks and credit unions are battling it out for deposits. Competition among financial institutions provides investors a broad menu of choices when it comes to certificates of deposit (CDs). We track daily rates from thousands of institutions to help you compare the best CD rates and find the best deal on your next CD. This table compares CDs of all maturities, making it easy to find the highest CD rate regardless of term. The highest rate CD often doesn’t have the longest term.

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Banks and credit unions are battling it out for deposits. Competition among financial institutions provides investors a broad menu of choices when it comes to certificates of deposit (CDs). We track daily rates from thousands of institutions to help you compare the best CD rates and find the best deal on your next CD. This table compares CDs of all maturities, making it easy to find the highest CD rate regardless of term. The highest rate CD often doesn’t have the longest term.

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\r\n","StateBlurb":"Compare certificate of deposit rates in [state]. Rates on CD products can vary greatly between banks. That is why we check both national and local banks every day to provide you with a wide selection of CD rates available in [state]. If we have missed a local bank in your area please contact us and let us know by using the email link below.","Active":true,"MinAmount":0.0000,"MaxAmount":999999999.0000,"MinTerm":1,"MaxTerm":9999,"AdditionalProducts":"2,1","Tags":"-youth,-club,-misc,-business,-relationship,-health","PageTitle":"Best CD Rates for [date] | DepositAccounts","StatePageTitle":"[state] Certificate of Deposit Rates","DefaultAmount":25000.0000,"Meta":"Compare CD rates for thousands of banks and credit unions in the U.S. to find the best certificates of deposit available.","StateMeta":"","Article":"","ShortName":"CD-Rates","IsSectionIdNull":false,"IsNameNull":false,"IsInformaCodeNull":false,"IsUrlNull":false,"IsBlurbNull":false,"IsStateBlurbNull":false,"IsActiveNull":false,"IsMinAmountNull":false,"IsMaxAmountNull":false,"IsMinTermNull":false,"IsMaxTermNull":false,"IsAdditionalProductsNull":false,"IsTagsNull":false,"IsPageTitleNull":false,"IsStatePageTitleNull":false,"IsDefaultAmountNull":false,"IsMetaNull":false,"IsStateMetaNull":false,"IsArticleNull":false,"IsShortNameNull":false,"FullUrl":"/cd/","TagArray":[],"NegativeTagArray":["youth","club","misc","business","relationship","health"]},"Ad":null,"NationalRate":3.9805,"Score":50.0},{"Account":{"CharterType":"","CharterDmas":"","CharterAffiliations":"","AdCopy":"","TrackingPixel":"","Tags":"promo","EstimatedEpc":0.0,"PromoText":"","BlendedApy":false,"EstimatedEarnings":0.0,"DisplayName":"Achieve More Savings Account","ProductGroupId":0,"ProductGroupName":"","BankId":12234,"SectionId":2,"Id":359807,"BankUrl":"providence-bank-trust.html","ProductName":"Achieve More Savings Account","BankName":"Providence Bank & Trust","Apy":2.25,"RewardRate":0.0,"MinAmount":150000.0,"MaxAmount":999999999.0,"ClickUrl":"","LastUpdated":"2023-10-31T05:49:06.58","InstitutionType":"NM","Term":0,"MaxTerm":0,"States":"IL,IN","OnlineStates":"","OtherAccounts":null,"TierGroups":[{"DisplayName":"Deposit Rate","Tiers":[{"Id":705766,"Min":150000.0,"Max":999999999.0,"Apy":2.25},{"Id":594738,"Min":25000.0,"Max":149999.99,"Apy":0.8},{"Id":594737,"Min":5000.0,"Max":24999.99,"Apy":0.75}],"Id":257606,"Tags":"","TierType":"deposit"}],"HqRates":false,"Ewp":0,"Variants":"","ReviewCount":0,"HasLogo":true,"FederallyInsured":true,"CuOpenStates":"","DmaCodes":",602,","Locations":17,"HasSelectedTier":false},"ComparisonAccount":null,"Product":{"Id":9,"SectionId":2,"Name":"Best High Yield Savings Accounts","InformaCode":"DP02001","Url":"","Blurb":"
written by Ken Tumin
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Interest rates on savings accounts vary greatly, which means you need to shop around to find your best rate available. It’s possible to find rates over 5.25%, while the average savings account rate stands at around 0.48% (as of November 2023). This is why we check rates daily at more than 5,000 U.S. banks and credit unions, to make it easy for you to gain the best possible return on your savings. The savings account table below allows you to compare savings account rates offered by financial institutions such as online banks, credit unions, community banks and the big nationwide banks.

\r\n","StateBlurb":"Compare rates on personal savings accounts in [state]. We check both the national banks and local banks in [state] every day to provide you with the most current savings account rates available in your area. If there is a local bank you would like to see listed here, let us know and we'll do our best to add it.","Active":true,"MinAmount":0.0000,"MaxAmount":24999.9900,"MinTerm":0,"MaxTerm":0,"AdditionalProducts":"","Tags":"-business,-health,-edu,-youth,-club,-retirement,-reward,-misc,-relationship","PageTitle":"High Yield Savings Accounts – Daily Rates | DepositAccounts","StatePageTitle":"[state] Savings Account Rates","DefaultAmount":25000.0000,"Meta":"Compare savings accounts from banks and credit unions across the country and see who's currently offering the best savings account rates.","StateMeta":"","Article":"","ShortName":"Savings","IsSectionIdNull":false,"IsNameNull":false,"IsInformaCodeNull":false,"IsUrlNull":false,"IsBlurbNull":false,"IsStateBlurbNull":false,"IsActiveNull":false,"IsMinAmountNull":false,"IsMaxAmountNull":false,"IsMinTermNull":false,"IsMaxTermNull":false,"IsAdditionalProductsNull":false,"IsTagsNull":false,"IsPageTitleNull":false,"IsStatePageTitleNull":false,"IsDefaultAmountNull":false,"IsMetaNull":false,"IsStateMetaNull":false,"IsArticleNull":false,"IsShortNameNull":false,"FullUrl":"/savings/","TagArray":[],"NegativeTagArray":["business","health","edu","youth","club","retirement","reward","misc","relationship"]},"Ad":null,"NationalRate":0.4928,"Score":50.0},{"Account":{"CharterType":"","CharterDmas":"","CharterAffiliations":"","AdCopy":"","TrackingPixel":"","Tags":"promo","EstimatedEpc":0.0,"PromoText":"","BlendedApy":false,"EstimatedEarnings":0.0,"DisplayName":"Achieve More Money Market","ProductGroupId":0,"ProductGroupName":"","BankId":12234,"SectionId":5,"Id":359808,"BankUrl":"providence-bank-trust.html","ProductName":"Achieve More Money Market","BankName":"Providence Bank & Trust","Apy":2.75,"RewardRate":0.0,"MinAmount":150000.0,"MaxAmount":999999999.0,"ClickUrl":"","LastUpdated":"2023-10-31T05:49:06.423","InstitutionType":"NM","Term":0,"MaxTerm":0,"States":"IL,IN","OnlineStates":"","OtherAccounts":null,"TierGroups":[{"DisplayName":"Deposit Rate","Tiers":[{"Id":705767,"Min":150000.0,"Max":999999999.0,"Apy":2.75},{"Id":705768,"Min":75000.0,"Max":149999.99,"Apy":0.95},{"Id":705769,"Min":15000.0,"Max":74999.99,"Apy":0.75}],"Id":257607,"Tags":"","TierType":"deposit"}],"HqRates":false,"Ewp":0,"Variants":"","ReviewCount":0,"HasLogo":true,"FederallyInsured":true,"CuOpenStates":"","DmaCodes":",602,","Locations":17,"HasSelectedTier":false},"ComparisonAccount":null,"Product":{"Id":22,"SectionId":5,"Name":"Money Market Accounts","InformaCode":"DP02001","Url":"","Blurb":"
written by Ken Tumin | Updated on September 21, 2022
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A money market account (MMA) has a unique set of features that makes it a hybrid of a savings account and a checking account. Money market accounts offer high interest rates, and also easy access to your money.

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The money market accounts listed in the table below are sorted according to rates, from highest to lowest. This table lets you compare money market accounts from banks and credit unions — use the filter box to customize your results. Read on to learn more about the history, distinct features and benefits of these accounts.

\r\n","StateBlurb":"Compare rates on [state] money market accounts. Every day, we check both the national banks and regional banks in [state] to provide you with the most current money market rates available. We try hard to list as many local banks as possible so if there is one you would like to see listed here, please let us know and we'll do our best to add it. ","Active":true,"MinAmount":10000.0000,"MaxAmount":24999.9900,"MinTerm":0,"MaxTerm":0,"AdditionalProducts":"","Tags":"-business,-youth,-club,-edu,-retirement,-misc,-relationship","PageTitle":"Money Market Account Rates in [date] | DepositAccounts","StatePageTitle":"[state] Money Market Accounts","DefaultAmount":10000.0000,"Meta":"Compare money market account rates on more than 14,000 of the most popular banks and credit unions in the U.S. Discover which institutiuons currently offer the best money market accounts.","StateMeta":"","Article":"","ShortName":"Money Market","IsSectionIdNull":false,"IsNameNull":false,"IsInformaCodeNull":false,"IsUrlNull":false,"IsBlurbNull":false,"IsStateBlurbNull":false,"IsActiveNull":false,"IsMinAmountNull":false,"IsMaxAmountNull":false,"IsMinTermNull":false,"IsMaxTermNull":false,"IsAdditionalProductsNull":false,"IsTagsNull":false,"IsPageTitleNull":false,"IsStatePageTitleNull":false,"IsDefaultAmountNull":false,"IsMetaNull":false,"IsStateMetaNull":false,"IsArticleNull":false,"IsShortNameNull":false,"FullUrl":"/moneymarket/","TagArray":[],"NegativeTagArray":["business","youth","club","edu","retirement","misc","relationship"]},"Ad":null,"NationalRate":0.8401,"Score":20.0}];

Overview / Commentary
708-333-0700
630 East 162nd Street
South Holland, IL 60473

Providence Bank & Trust is headquartered in SOUTH HOLLAND and is the 40th largest bank in the state of Illinois. It is also the 682nd largest bank in the nation. It was established in 2004 and as of June of 2023, it had grown to 199 employees at 17 locations. Providence Bank & Trust's money market rates are 6X the national average, and it has a B+ health rating.

Reviews

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Health
B+

Health Grade Components

Overall
FDIC Certificate #57754
Year Established2004
Employees199
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.07%
Return on Equity - YTD11.76%
Annual Interest Income$35.5MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$1.59B$1.57B
LoansQ2 2023vs Q2 2022$1.04B$974.8MM
DepositsQ2 2023vs Q2 2022$1.36B$1.39B
Equity CapitalQ2 2023vs Q2 2022$143.5MM$140.4MM
Loan Loss AllowanceQ2 2023vs Q2 2022$18.8MM$18.1MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$8.3MM$1.2MM
Real Estate OwnedQ2 2023vs Q2 2022$1.5MM$1.5MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not Providence 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.

Providence Bank & Trust Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%*$150k*-Achieve More Savings Account
OTHER TIERS: 0.75% $5k - $25k | 0.80% $25k - $150k
0.80%*$5k*-Health Savings Account
OTHER TIERS: 0.01% Up to $1k | 0.75% $1k - $5k

Providence Bank & Trust Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%*$150k*-Achieve More Money Market
OTHER TIERS: 0.75% $15k - $75k | 0.95% $75k - $150k

Providence Bank & Trust Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%*-$15kAchieve More Banking
OTHER TIERS: 0.51% $15k+

Providence Bank & Trust CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$2.5k-13 Month CD Special

Providence Bank & Trust IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$2.5k-13 Month IRA Special
Locations

Availability



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.