Time Bank Reviews and Rates

Time Bank

Overview / Commentary

www.time.bank

847-384-9200

626 Talcott Road
Park Ridge, IL 60068

Time Bank is headquartered in PARK RIDGE and is the 98^th largest bank in the state of Illinois. It is also the 1,802^nd largest bank in the nation. It was established in 1995 and as of March of 2023, it had grown to 29 employees at 1 location. Time Bank's money market rates are 5X the national average, and it has a B+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B+

Data as of Q1 2023

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	34038
Year Established	1995
Employees	29
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	2.58%
Return on Equity - YTD	19.38%
Annual Interest Income	$6.8MM

Assets and Liabilities
Assets	Q1 2023vs Q1 2022	$478.3MM$453.8MM
Loans	Q1 2023vs Q1 2022	$373.7MM$293.9MM
Deposits	Q1 2023vs Q1 2022	$374.4MM$375.0MM
Equity Capital	Q1 2023vs Q1 2022	$65.0MM$63.0MM
Loan Loss Allowance	Q1 2023vs Q1 2022	$6.7MM$6.5MM
Unbacked Noncurrent Loans	Q1 2023vs Q1 2022	$0$553.00K
Real Estate Owned	Q1 2023vs Q1 2022	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Time Bank; 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.

Time Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.05%^*	$250k^*	-	Savings
OTHER TIERS: 0.85% → $250 - $25k \| 1.10% → $25k - $50k \| 1.35% → $50k - $75k \| 1.55% → $75k - $250k
2.05%^*	$250k^*	-	Business Savings
OTHER TIERS: 0.85% → $250 - $25k \| 1.10% → $25k - $50k \| 1.35% → $50k - $75k \| 1.55% → $75k - $250k

Time Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
2.05%^*	$250k^*	-	Money Market Account
OTHER TIERS: 0.85% → $5k - $25k \| 1.10% → $25k - $50k \| 1.35% → $50k - $75k \| 1.55% → $75k - $250k
2.05%^*	$250k^*	-	Business Money Market Account
OTHER TIERS: 0.85% → $5k - $25k \| 1.10% → $25k - $50k \| 1.35% → $50k - $75k \| 1.55% → $75k - $250k

Time Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	-	-	Park Ridge "55" Now Checking
0.05%	-	-	NOW Account

Time Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.50%	$2.5k	-	15 Month CD
4.50%	$2.5k	-	Business 15 Month CD
2.25%	$2.5k	-	48 Month CD
2.25%	$2.5k	-	Business 48 Month CD
2.10%	$2.5k	-	36 Month CD
2.10%	$2.5k	-	Business 36 Month CD
1.85%	$2.5k	-	24 Month CD
1.85%	$2.5k	-	Business 24 Month CD
1.80%	$2.5k	-	18 Month CD
1.80%	$2.5k	-	Business 18 Month CD
1.75%	$2.5k	-	12 Month CD
1.75%	$2.5k	-	Business 12 Month CD
1.70%	$5k	-	182 Day CD
1.70%	$5k	-	Business 182 Day CD
1.50%	$5k	-	91 Day CD
1.50%	$5k	-	Business 91 Day CD

Locations

Time Bank Locations
Park Ridge Community Bank	626 W Talcott Rd	Park Ridge, IL 60068

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.