Resource Bank (A Nat'l Bank) is headquartered in Dekalb and is the 74th largest bank in the state of Illinois. It is also the 1,309th largest bank in the nation. It was established in 1901 and as of March of 2021, it had grown to 159 employees at 13 locations. Resource Bank (A Nat'l Bank) has an A health rating.
Just a few months back, I drove twelve hours round-trip from Minneapolis to northern Illinois to move my entire banking business to Resource Bank. I was literally banking on the un-matched stability of Resource's 4% interest incentive on "Extreme Green" checking accounts. All I can say now is that I'm extremely disappointed with this recent rate drop to 3%. I will likely be moving my banking business back to Minnesota as a result.
|FDIC Certificate #||3701|
|Return on Assets - YTD||2.23%|
|Return on Equity - YTD||26.39%|
|Annual Interest Income||$5.5MM|
|Assets and Liabilities|
|Assets||Q1 2021vs Q1 2020||$695.4MM$544.3MM|
|Loans||Q1 2021vs Q1 2020||$340.2MM$311.2MM|
|Deposits||Q1 2021vs Q1 2020||$636.5MM$492.8MM|
|Equity Capital||Q1 2021vs Q1 2020||$57.3MM$50.0MM|
|Loan Loss Allowance||Q1 2021vs Q1 2020||$4.6MM$4.0MM|
|Unbacked Noncurrent Loans||Q1 2021vs Q1 2020||$4.9MM$9.7MM|
|Real Estate Owned||Q1 2021vs Q1 2020||$682.00K$765.00K|
Always verify rates and promotions with the bank or credit union. We are not Resource Bank (A Nat'l Bank); we are a rate comparison website and cannot provide official rates or promotions.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|1.34%||-||$25k||Extreme Green Checking|