Safest Banks in Illinois 2026
Illinois has 333 FDIC-insured banks with an average Bank Health Score of 72/100 (B). The safest bank is Frederick Community Bank The with a score of 100/100.
Data from FDIC Q2 2024
Top 20 of 333 Banks in Illinois
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Frederick Community Bank The | Paxton | A | 100 | 18.22% | 0.00% |
| 2 | Country Trust Bank | Bloomington | A | 100 | 117.02% | 0.00% |
| 3 | Farmers&Merchants Stb Bushne | Bushnell | A | 99 | 19.54% | 0.09% |
| 4 | Grundy Bank | Morris | A | 99 | 18.74% | 0.10% |
| 5 | Peoples State Bank of Colfax | Colfax | A | 98 | 22.16% | 0.00% |
| 6 | First Nb of Steeleville | Steeleville | A | 98 | 22.97% | 0.34% |
| 7 | Farmers State Bank of Emden | Emden | A | 97 | 55.89% | 0.00% |
| 8 | First Stb of Campbell Hill | Campbell Hill | A | 97 | 20.68% | 0.33% |
| 9 | First State Bank of St Peter | Saint Peter | A | 97 | 39.39% | 0.18% |
| 10 | Vermilion Valley Bank | Piper City | A | 97 | 26.91% | 0.38% |
| 11 | Community Bank | Winslow | A | 96 | 24.60% | 0.20% |
| 12 | Buena Vista National Bank | Chester | A | 96 | 15.38% | 0.16% |
| 13 | Sainte Marie State Bank | Sainte Marie | A | 96 | 40.05% | 0.00% |
| 14 | First Security T&Sb | Elmwood Park | A | 96 | 17.21% | 0.13% |
| 15 | Citizens Bank of Edinburg | Edinburg | A | 96 | 19.74% | 0.00% |
| 16 | First Cmty Bk Moultrie Cnty | Sullivan | A | 96 | 18.32% | 0.00% |
| 17 | Farmers&Merchants Nb Nashvil | Nashville | A | 96 | 15.84% | 0.08% |
| 18 | Amalgamated Bank of Chicago | Chicago | A | 96 | 14.98% | 0.02% |
| 19 | Bank&Trust Co | Litchfield | A | 95 | 15.82% | 0.23% |
| 20 | State Bank of Industry | Industry | A | 95 | 20.75% | 0.09% |
Bank Health Scores for Illinois are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Frederick Community Bank The in Paxton is currently the safest bank in Illinois with a score of 100/100 (Grade A).
Illinois has 333 FDIC-insured banks with a combined $708.7B in total assets. The average Bank Health Score across the state is 72/100.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).