Solutions Bank (IL)

Overview / Commentary

www.solutions.bank

815-938-3121

200 Main Street
Forreston, IL 61030

Solutions Bank (IL) is headquartered in Forreston and is the 129^th largest bank in the state of Illinois. It is also the 2,184^th largest bank in the nation. It was established in 1887 and as of September of 2020, it had grown to 43 employees at 5 locations. Solutions Bank (IL) has an A+ health rating.

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Health

A+

Data as of Q3 2020

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Health Grade Components

Overall
FDIC Certificate #	11741
Year Established	1887
Employees	43
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.88%
Return on Equity - YTD	17.64%
Annual Interest Income	$8.2MM

Assets and Liabilities
Assets	Q3 2020vs Q3 2019	$335.6MM$221.4MM
Loans	Q3 2020vs Q3 2019	$154.2MM$141.6MM
Deposits	Q3 2020vs Q3 2019	$260.0MM$168.8MM
Equity Capital	Q3 2020vs Q3 2019	$35.4MM$26.0MM
Loan Loss Allowance	Q3 2020vs Q3 2019	$2.2MM$1.2MM
Unbacked Noncurrent Loans	Q3 2020vs Q3 2019	$114.00K$129.00K
Real Estate Owned	Q3 2020vs Q3 2019	$0$0

Rates

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Money Market
Checking
CD
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Solutions Bank (IL) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	-	-	Health Savings Account
0.50%	-	-	Business Health Savings Account
0.15%	-	-	Business SaveUp Savings - w/ $10 or more Automatic Recurring Transfer monthly
0.10%	-	-	SaveUp Savings - w/ $10 or more Automatic Recurring Transfer monthly
0.10%	-	-	Business Christmas Club Savings
0.10%	-	-	Business SaveUp Savings - w/o Automatic Recurring Transfer monthly
0.05%	-	-	Christmas Club Savings
0.05%	-	-	SaveUp Savings - w/o Automatic Recurring Transfer monthly

Solutions Bank (IL) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$50k^*	-	Money Market
OTHER TIERS: 0.10% → Up to $25k \| 0.20% → $25k - $50k
0.25%^*	$50k^*	-	Business Money Market
OTHER TIERS: 0.10% → Up to $25k \| 0.20% → $25k - $50k

Solutions Bank (IL) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%^*	-	$10k	Rewards Checking
OTHER TIERS: 0.50% → $10k+
0.10%	-	-	Senior Checking

Solutions Bank (IL) CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$1k	-	48 Month CD
0.60%	$1k	-	Business 48 Month CD
0.45%	$1k	-	21 Month CD Special
0.45%	$1k	-	Business 21 Month CD Special
0.30%	$1k	-	24 Month CD
0.30%	$1k	-	36 Month CD
0.30%	$1k	-	Business 24 Month CD
0.30%	$1k	-	Business 36 Month CD
0.25%	$1k	-	12 Month CD
0.25%	$1k	-	Business 12 Month CD
0.20%	$1k	-	6 Month CD
0.20%	$1k	-	Business 6 Month CD
0.10%	$1k	-	3 Month CD
0.10%	$1k	-	Business 3 Month CD

Solutions Bank (IL) IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	$100	-	18 Month Fixed IRA
0.25%	$100	-	Business 18 Month Fixed IRA

Locations

Solutions Bank (IL) Locations
Forreston State Bank	200 E Main St	Forreston, IL 61030
Freeport Branch	996 West Fairview Road	Freeport, IL 61032
Kent Branch	717 North Kent Road	Kent, IL 61044
The Poplar Grove State Branch	109 North State Street	Poplar Grove, IL 61065
Menge Lane Branch	4111 Menge Lane	Poplar Grove, IL 61065

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