Banking Rates & News

Peoria Metro Area

Including Peoria, Bloomington, Normal, Pekin, Washington, Canton, East Peoria, Morton, Pontiac, Havana, and 75 other towns.

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Banking in the Peoria Area

With over 115,000 people in the city itself and about 374,000 in the larger metro area, Peoria is the biggest city on the Illinois River. The area was first settled in the 1680s by French explorers who built a fort there. Later, in 1813, it became home to Fort Clark, which would eventually be renamed Peoria. The city's economy centers around industry, retail, and health care, with top employers being Caterpillar, UnityPoint Health, and Walmart. However, many people are also employed by Peoria's financial institutions.

Today, almost 50 banks and 25 credit unions maintain headquarters in the Peoria area. Among these are the Heartland Bank and Trust Company, State Farm Bank, CEFCU, State Farm Federal Credit Union, and Morton Community Banks. Counting institutions that are not headquartered in the city, there are approximately 25 credit unions and 85 banks with over 340 branches throughout the Peoria area. The city's oldest active bank, The First National Bank of Lacon, was originally established in 1864. The Bank provides an array of services today, but especially focuses on serving the agriculture industry.

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Local Deals & News

Wells Fargo Long Term 3.00% Callable Step-Up CD Via TD Ameritrade
I frequently get notices of new issue callable CDs from TD Ameritrade. This one looks like a rate leader. My calculations indicate the blended rate over the entire term is
Earn Up To $300 in Bonuses At Associated Bank (WI)
Deal Summary: $150 checking bonus; $100 Money Market bonus. Availability: Market area includes Illinois, Minnesota, and Wisconsin. Wisconsin-based Associated Bank, N.A. (Associated Bank) has had a series of $150 checking
Up To $100 Checking Bonuses At CEFCU (IL & CA)
Same as what they were offering last year except that the checking bonus is a gift card rather than cash and the value was increased by $25. To receive a
Money Market Deposit Account Special (1.15% For 182 Days) In Chicagoland
Avenue Bank (a branch of CIBM Bank) ran this ad in the Sunday Chicago Tribune. It’s similar to their September special, but the rates are a little higher. Promotional rate
Up To $500 Bonus For Checking Account With Other Services In Illinois
First State Bank of Illinois promotion: Earn $250 with direct deposit and 10 Debit Card Transactions per month eStatements Earn $350 with $250 requirements and 2 of the following services:
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