State Bank of The Lakes

Deposits held and insured by Wintrust Bank

Overview / Commentary
847-395-2700
440 Lake Street
Antioch, IL 60002
Deposits held and insured by Wintrust Bank
Reviews (1)

Unprofessional And Borderline Unethical

Posted by: |

I recently attended a networking event in which there were representatives from this bank along with several other banks from the community. I happened to observe some of the other banks passing out business cards and networking, which was the entire purpose of the event. When one of the other banks approached the representative from State Bank of the Lakes, the woman from State Bank of the Lakes was so unbelievably rude and insulted the other banks saying they didn't deserve to be there and said they shouldn't bother coming back.

I couldn't believe what I saw. While this bank has been a staple in the Antioch community for years, I can see they are threatened by other banks that have come into the area. Their rates may be nice, but their service, professionalism and ability to meet the needs of their customers is nothing compared to their competitors.

In my opinion this bank feels that they deserve your business just because they have been in town longest and take their customers for granted. I would consider using other banks in town that reward you for your business and take customer service to a much higher level.



Health
A

Data as of Q2 2020

Data displayed below is for insuring bank: Wintrust Bank
Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #33935
Year Established1994
Employees563
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.21%
Return on Equity - YTD2.18%
Annual Interest Income$124.6MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$8.35B$6.20B
LoansQ2 2020vs Q2 2019$6.49B$4.97B
DepositsQ2 2020vs Q2 2019$7.31B$5.37B
Equity CapitalQ2 2020vs Q2 2019$719.9MM$680.4MM
Loan Loss AllowanceQ2 2020vs Q2 2019$85.8MM$39.4MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$32.9MM$14.4MM
Real Estate OwnedQ2 2020vs Q2 2019$1.6MM$3.5MM
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not State Bank of The Lakes; 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.

State Bank of The Lakes Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.02%--Passbook Savings
0.02%--Statement Savings

State Bank of The Lakes Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$50k*-Money Market
OTHER TIERS: 0.02% Up to $10k | 0.03% $10k - $50k

State Bank of The Lakes Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Access Plus Checking

State Bank of The Lakes CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-12 Month Fixed Rate CD
0.25%$1k-18 Month Fixed Rate CD
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.