Republic Bank of Chicago is headquartered in Oak Brook and is the 23rd largest bank in the state of Illinois. It is also the 441st largest bank in the nation. It was established in 1964 and as of December of 2020, it had grown to 268 employees at 19 locations. Republic Bank of Chicago has a B+ health rating.
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Nicest Bank
I have been going to this Bank in Lincolnwood since 1967 when it was called Bank Of Lincolnwood & continued on after Republic Bank took over in 2008. I want to say that these are the nicest people who work at this Bank, & always have time to take care of their customers. Always pleasant & helpful. The best in customer service. U really feel good ?? that there are such caring people. I live now in Park Ridge, about 5 miles away, & while I wish they were closer for convenience, have no problem making the trip to this branch. Open an account & stick with them. U will be happy.
Horrible Service And Horrible Republic Bank Of Berkeley IL
this bank is horrid! they are flat out liars and dont follow through with things, my husband went in there to deposit a check and they wouldnt let him, i am living out of state from him so they told him to have me sign it and they will deposit it! it was endorsed and they told him when he was there they would do it as soon as i signed it! well i did so and sent it to my husband for it to be deposited they refused to do it! it was a tax check, which means that there was no way for it to not be good! weve done it before and now all of a sudden they cant! which is flat out ridiculous! my husband and i have always done this and we were treated very badly by them! Their rates are terrible and you dont save with them! someone who wasnt even the manager was snooty to us so we are done with these liars!
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 19333 |
| Year Established | 1964 |
| Employees | 268 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 11.04% |
| Annual Interest Income | $85.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $2.32B$2.02B |
| Loans | Q4 2020vs Q4 2019 | $1.49B$1.50B |
| Deposits | Q4 2020vs Q4 2019 | $1.93B$1.67B |
| Equity Capital | Q4 2020vs Q4 2019 | $240.9MM$222.3MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $27.4MM$21.3MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $29.4MM$14.9MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $2.4MM$4.3MM |
