Wheaton Bank & Trust Company is headquartered in Wheaton and is the 22nd largest bank in the state of Illinois. It is also the 402nd largest bank in the nation. It was established in 1993 and as of December of 2020, it had grown to 96 employees at 7 locations. Wheaton Bank & Trust Company has an A health rating.
Best Local Bank
Wheaton Band & Trust offers the best service I've received from a local bank. They offer all of the general banking services such as savings accounts, checking accounts, IRAs, etc. I have several of these accounts through this bank and have never had anything bad to say about them. Every time I've talked to a representative about a question whether it be in person or on the phone they are always friendly and able to point me in the right direction of the answer if they don't know it themselves. Even the tellers are knowledgeable about things such as IRAs and CDs which I found refreshing. The representatives inside the bank are always quick and able to help me with what I need. They also take the time to try and point out new features that the bank has put in place that I might be interested in. The mobile app is really helpful when I'm on the go and it has a clean and simple layout. I like the mobile app because everything you need is there, without all the fluff stuff.
Awful Bank. Terrible Customer Service.
This is the worst bank I've ever done business with. The management of this bank consists of greedy scumbuckets who make Wells Fargo executives seem ethical. If they make a mistake on your account which was entirely their fault they will take no responsibility for it and YOU will be the one who ends up paying for it. Very poor customer service and communication.
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 33803 |
| Year Established | 1993 |
| Employees | 96 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.79% |
| Return on Equity - YTD | 7.83% |
| Annual Interest Income | $69.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $2.60B$2.02B |
| Loans | Q4 2020vs Q4 2019 | $1.82B$1.40B |
| Deposits | Q4 2020vs Q4 2019 | $2.19B$1.69B |
| Equity Capital | Q4 2020vs Q4 2019 | $254.2MM$236.4MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $16.9MM$6.2MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $7.9MM$3.5MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$989.00K |