1114 Fourth Street
Orion, IL 61273
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.65% →
1-Year CD 0.70% 0.70% →
2-Year CD 0.90% 0.75% →
5-Year CD 1.11% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

BankOrion is an FDIC insured institution located in Orion, IL. It was founded in 1890 and has approximately $0.57 billion in assets. Customers can open an account at one of its 9 branches.

FDIC Insured Yes
FDIC Certificate # 11739
Date Established 1890
Assets $ 570.48 million
Loans $ 290.45 million
Deposits $ 473.72 million
Capital $ 61.69 million

For a more detailed analysis of BankOrion's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 25, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
18 Mo CD
0.70% $10,000 $14,999 Learn More
18 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
0.80% $10,000 $14,999 Learn More
24 Mo CD
0.90% $100,000 $199,999 Learn More
30 Mo CD
0.85% $10,000 $14,999 Learn More
30 Mo CD
0.95% $100,000 $199,999 Learn More
36 Mo CD
0.90% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
0.95% $10,000 $14,999 Learn More
48 Mo CD
1.06% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.11% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1 $99 Learn MoreShow Less
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less

Loan Rates - July 25, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for BankOrion

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Learn More
Morty, Inc.
NMLS ID: 1429243
2.588% 2.490%
0.88 points
$3,250 fees
$987 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.465% 3.375%
0.63 points
$2,812 fees
$1,106 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
4.840 %
$0 Learn More
More Info

Note to BankOrion
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BankOrion branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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BankOrion Locations

Financial Details

BankOrion Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BankOrion. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
BankOrion U.S. Bank Average
5.35% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, BankOrion had $3,494,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $61,686,000 in equity and $3,650,000 in loans loss reserves. That gives it a Texas Ratio of 5.35%.

Return on Equity
BankOrion U.S. Bank Average
8.31% 11.43%

BankOrion has a Return on Equity of 8.31% versus the BestCashCow average of 11.43%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

BankOrion U.S. Bank Average
10.81% 11.51%

BankOrion has a Capitalization of 10.81% versus the BestCashCow average of 11.51. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

BankOrion Balance Sheet Analysis

As of March 31, 2021, BankOrion had assets of $570,483,000, loans of $290,448,000, and deposits of $473,716,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2021
Cash & Balances due from depository institutions $ 23.87 million
Interest-bearing balances $ 16.65 million
Total securities $ 233.75 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 290.45 million
Loan loss allowance $ 3.65 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 5.88 million
All other assets $ 10.76 million
     Total Assets $ 508.80 million
Total deposits $ 473.72 million
      Interest-bearing deposits $ 389.51 million
      Deposits held in domestic offices $ 473.72 million
      % insured (estimated) 79.21%
Federal funds purchased and repurchase agreements $ 10.67 million
Trading liabilities N.A.
Other borrowed funds $ 21.30 million
Subordinated debt N.A.
All other liabilities $ 3.11 million
      Total Liabilities $ 508.80 million
      Shareholders’ Equity $ 61.69 million

Summary Income Statement

March 31, 2021
Total Interest Income $ 4.33 million
Total Interest Expense $ 0.74 million
Net interest income $ 3.59 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.58 million
Total non interest expense $ 2.68 million
Pre-tax Net Operating Income $ 1.46 million

Bank Loan Profile?

The top three loan types in BankOrion’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, BankOrion’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 30.15
Credit Card Loans 0.00
Consumer Auto Loans 2.81
Small Business Loans 0.00
Construction and Development Loans 2.67
Commercial Real Estate 23.00
Commercial and Industrial Loans 17.54
Farm Loans 3.71

Frequently Asked Questions About Bankorion

Branches and Savings

Is Bankorion FDIC insured?

Yes. It is covered under FDIC Certificate #11739.

Why does Bankorion pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bankorion CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bankorion a commercial bank?


Where are Bankorion locations?

See branch locations nearby.

Is Bankorion open on Saturdays?

Is Bankorion open on Sundays?

What time does Bankorion open?

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Are Bankorion ATMs Open 24/7?

Do Bankorion ATMs accept cash deposits?

Can Bankorion customers use other ATMs?

Do Bankorion branches have notaries?

Will Bankorion notarize my document?

What address for Bankorion should I put for incoming ACH transfers?

Will the Bankorion branch print checks?

Do Bankorion checks expire?

Does Bankorion require US citizenship to open account?

Can Bankorion close my account?

Does Bankorion Report to credit bureaus?

Does Bankorion Use Equifax?

What is Bankorion's ACH Routing Number?

What is Bankorion's SWIFT code?


Does Bankorion offer mortgages?

Compare mortgage rates here.

Does Bankorion offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bankorion offer personal loans?

Compare personal loan rates here.

Does Bankorion offer student loans?

Will Bankorion cash a check?

Will Bankorion redeem a savings bond?

Does Bankorion cash savings bonds?

Will Bankorion cash money orders?

Can Bankorion issue a money order?

Does Bankorion do currency exchange?

Background on The Bank

Who owns Bankorion?

How long has Bankorion been around?

Can Bankorion transfer to other banks?

Does Bankorion have quick pay?

Does Bankorion accept rolled coins?

Will Bankorion accept loose change?

Where is Bankorion headquarters?

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