Great Rivers Bank

Headquarters

694 Bainbridge
Barry, IL 62312
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 1.20% →
1-Year CD 0.50% 1.10% →
2-Year CD 0.70% 1.15% →
5-Year CD 1.25% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Great Rivers Bank is an FDIC insured institution located in Barry, IL. It was founded in 1901 and has approximately $0.13 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 3762
Date Established 1901
Assets $ 133.41 million
Loans $ 103.78 million
Deposits $ 117.24 million
Capital $ 15.97 million
 

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

Deposit Rates - August 5, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $100 - Learn More
Money Market
0.20% $5,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn More
6 Mo CD
0.30% $1,000 - Learn More
Special: 7 Mo CD
0.85% $5,000 - Learn More
12 Mo CD
0.50% $1,000 - Learn More
Special: 13 Mo CD
0.85% $5,000 - Learn More
18 Mo CD
0.60% $5,000 - Learn More
24 Mo CD
0.70% $5,000 - Learn More
30 Mo CD
0.80% $5,000 - Learn More
36 Mo CD
0.90% $5,000 - Learn More
48 Mo CD
1.00% $5,000 - Learn More
60 Mo CD
1.25% $5,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1,000 - Learn MoreShow Less
Checking Rates APY MIN FEE
Kasasa Cash 2.50% $0 $0.00 Learn MoreShow Less

Loan Rates - August 5, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Great Rivers Bank

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.914% 2.875% 0.50 $1,250 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to Great Rivers Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Great Rivers Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Great Rivers Bank Locations


Financial Details

Great Rivers Bank Ratio Analysis

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

Texas Ratio
Great Rivers Bank U.S. Bank Average
5.18% 6.94%

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, 2020, Great Rivers Bank had $735,000 in non-current loans and $147,000 in owned real estate. To cover these potential losses it had $15,965,000 in equity and $1,058,000 in loans loss reserves. That gives it a Texas Ratio of 5.18%.

Return on Equity
Great Rivers Bank U.S. Bank Average
7.07% 7.80%

Great Rivers Bank has a Return on Equity of 7.07% versus the BestCashCow average of 7.80%. 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.

Capitalization
Great Rivers Bank U.S. Bank Average
11.97% 12.68%

Great Rivers Bank has a Capitalization of 11.97% versus the BestCashCow average of 12.68. 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.

Great Rivers Bank Balance Sheet Analysis

As of March 31, 2020, Great Rivers Bank had assets of $133,409,000, loans of $103,775,000, and deposits of $117,239,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions $ 13.50 million
Interest-bearing balances $ 9.58 million
Total securities $ 12.39 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 103.78 million
Loan loss allowance $ 1.06 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.15 million
Goodwill and other intangibles $ 1.46 million
All other assets $ 1.34 million
     Total Assets $ 117.44 million
LIABILITIES
Total deposits $ 117.24 million
      Interest-bearing deposits $ 96.17 million
      Deposits held in domestic offices $ 117.24 million
      % insured (estimated) 82.94%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.21 million
      Total Liabilities $ 117.44 million
      Shareholders’ Equity $ 15.97 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.39 million
Total Interest Expense $ 0.29 million
Net interest income $ 1.11 million
Provision for loan and lease losses $ 0.08 million
Total non interest income $ 0.15 million
Total non interest expense $ 0.88 million
Pre-tax Net Operating Income $ 0.29 million

Bank Loan Profile?

The top three loan types in Great Rivers Bank’s loan portfolio are Commercial Real Estate, Farm Loans, and Commercial and Industrial Loans.

Compared to other banks, Great Rivers Bank’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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 9.33
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.56
Small Business Loans 0.00
Construction and Development Loans 0.49
Commercial Real Estate 17.87
Commercial and Industrial Loans 11.52
Farm Loans 15.78

Frequently Asked Questions About Great Rivers Bank

Branches and Savings

Is Great Rivers Bank FDIC insured?

Yes. It is covered under FDIC Certificate #3762.

Why does Great Rivers Bank pay such low interest on savings accounts?

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

Why are Great Rivers Bank CD rates not competitive?

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

Is Great Rivers Bank a commercial bank?

Yes

Where are Great Rivers Bank locations?

See branch locations nearby.

Is Great Rivers Bank open on Saturdays?

Is Great Rivers Bank open on Sundays?

What time does Great Rivers Bank open?

What time does Great Rivers Bank close?

Are Great Rivers Bank ATMs Open 24/7?

Do Great Rivers Bank ATMs accept cash deposits?

Can Great Rivers Bank customers use other ATMs?

Do Great Rivers Bank branches have notaries?

Will Great Rivers Bank notarize my document?

What address for Great Rivers Bank should I put for incoming ACH transfers?

Will the Great Rivers Bank branch print checks?

Do Great Rivers Bank checks expire?

Does Great Rivers Bank require US citizenship to open account?

Can Great Rivers Bank close my account?

Does Great Rivers Bank Report to credit bureaus?

Does Great Rivers Bank Use Equifax?

What is Great Rivers Bank's ACH Routing Number?

What is Great Rivers Bank's SWIFT code?

Products

Does Great Rivers Bank offer mortgages?

Compare mortgage rates here.

Does Great Rivers Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Great Rivers Bank offer personal loans?

Compare personal loan rates here.

Does Great Rivers Bank offer student loans?

Will Great Rivers Bank cash a check?

Will Great Rivers Bank redeem a savings bond?

Does Great Rivers Bank cash savings bonds?

Will Great Rivers Bank cash money orders?

Can Great Rivers Bank issue a money order?

Does Great Rivers Bank do currency exchange?

Background on The Bank

Who owns Great Rivers Bank?

How long has Great Rivers Bank been around?

Can Great Rivers Bank transfer to other banks?

Does Great Rivers Bank have quick pay?

Does Great Rivers Bank accept rolled coins?

Will Great Rivers Bank accept loose change?

Where is Great Rivers Bank headquarters?

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