State Bank of The Lakes

Deposits held and insured by Wintrust Bank

Overview / Commentary
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.


Data as of Q4 2021

Data displayed below is for insuring bank: Wintrust Bank
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Health Grade Components

FDIC Certificate #33935
Year Established1994
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.41%
Return on Equity - YTD14.85%
Annual Interest Income$237.6MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$9.59B$8.30B
LoansQ4 2021vs Q4 2020$7.25B$6.78B
DepositsQ4 2021vs Q4 2020$8.46B$7.23B
Equity CapitalQ4 2021vs Q4 2020$897.9MM$770.4MM
Loan Loss AllowanceQ4 2021vs Q4 2020$66.7MM$85.4MM
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$9.6MM$23.9MM
Real Estate OwnedQ4 2021vs Q4 2020$318.00K$1.3MM
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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.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

State Bank of The Lakes Savings Account Rates

0.02%--Statement Savings
0.02%--Junior Savers Statement Savings

State Bank of The Lakes Money Market Rates

0.04%*$1m*-MAXSAFE Money Market
OTHER TIERS: 0.01% Up to $150k | 0.02% $150k - $500k | 0.03% $500k - $1m
0.03%*$10k*-Money Market
OTHER TIERS: 0.02% Up to $10k

State Bank of The Lakes Checking Account Rates

0.03%*$50k*-Premier Checking
OTHER TIERS: 0.01% Up to $50k
0.01%--Access Plus Checking
0.01%--Platinum Preferred Checking (50+)

State Bank of The Lakes CD Rates

0.05%$1k-12 Month CD
0.05%$1k-18 Month CD
0.05%$100k-12 Month MAXSAFE CD
0.05%$100k-18 Month MAXSAFE CD


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