West Central Bank is headquartered in ASHLAND and is the 179th largest bank in the state of Illinois. It is also the 2,751st largest bank in the nation. It was established in 1933 and as of September of 2024, it had grown to 46 employees at 6 locations. West Central Bank's CD rates are 5X the national average, and it has a B health rating.
Overall | |
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FDIC Certificate # | 10853 |
Year Established | 1933 |
Employees | 46 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.98% |
Return on Equity - YTD | 14.02% |
Annual Interest Income | $9.4MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2024vs Q3 2023 | $251.2MM$239.2MM |
Loans | Q3 2024vs Q3 2023 | $184.7MM$169.5MM |
Deposits | Q3 2024vs Q3 2023 | $198.1MM$183.3MM |
Equity Capital | Q3 2024vs Q3 2023 | $19.2MM$14.1MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $1.2MM$1.2MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $2.7MM$1.6MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$36K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | $50k* | - | Platinum Money Market | ||
OTHER TIERS: 0.50% → $10k - $25k | 0.55% → $25k - $50k | |||||
0.40% | $2.5k | - | Money Market Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.30% | $1.5k | - | Now Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.47% | $25 | - | IRA - 48 Month (Fixed) | |
2.32% | $25 | - | IRA - 24 Month (Fixed) |
West Central Bank Locations | ||
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Beardstown Branch | 122 South State Street | Beardstown, IL 62618 |
West Central Bank | 400 E Buchanan St | Ashland, IL 62612 |
Springfield Branch | 3600 Wabash Avenue | Springfield, IL 62711 |
Rushville Branch | U.S. Routes 24 and 67 | Rushville, IL 62681 |
Beardstown Il Facility | 1 Plaza Drive | Beardstown, IL 62618 |
Fremont Street Branch | Sylvan and Fremont Streets | Ashland, IL 62612 |