BETTER BANKS
- Bank Name:Better Banks
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #1808
- Routing Number:ACH & Wire - 071120207
- Locations:10 Branches in Illinois
- Web Address:betterbanks.com
BETTER BANKS INFORMATION
Better Banks was founded in January 1898 and is based in Peoria, Illinois. The bank operates as a subsidiary of Backlund Investment Co.. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Better Banks is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Better Banks is a FDIC-insured bank with certificate number of 1808. The assigned Fed RSSD ID of Better Banks is 851631.
Better Banks currently operates with 10 branches located in Illinois. Better Banks is the 55th largest bank in Illinois. The bank does not have any offices outside Illinois.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Better Banks is 071120207. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 10225 North Knoxville Avenue, Peoria, IL 61615. You can visit the official website of the bank at https://www.betterbanks.com for more information and online banking service if available. For a comprehensive list of Better Banks branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
BETTER BANKS BRANCH LOCATIONS
BETTER BANKS OFFICES IN ILLINOIS
HISTORY OF BETTER BANKS
Better Banks, originally established as Dunlap State Bank in 1898, underwent a name change to Dunlap Bank on January 27, 2000. The institution rebranded itself to Better Banks on September 17, 2004, coinciding with its acquisition of Bartonville Bank in Bartonville, Illinois, and the relocation of its main office to 10225 North Knoxville Avenue, Peoria, Illinois. Over the subsequent years, Better Banks expanded its operations through a series of acquisitions, including Wyoming Bank & Trust Company in Wyoming, Illinois, on October 13, 2006, Farmers State Bank in Astoria, Illinois, on June 18, 2011, and First National Bank of Chillicothe in Chillicothe, Illinois, on August 15, 2014. Most recently, the institution acquired Glasford State Bank in Glasford, Illinois, on June 17, 2022. This history reflects Better Banks' growth and focus on enhancing banking services in Central Illinois.
Below is a list of some important events in bank's history, including mergers and acquisitions.
06-17-2022Acquired Glasford State Bank in Glasford, IL.
08-15-2014Acquired First National Bank of Chillicothe in Chillicothe, IL.
06-18-2011Acquired Farmers State Bank, Astoria in Astoria, IL.
10-13-2006Acquired Wyoming Bank & Trust Co. in Wyoming, IL.
09-17-2004Main Office moved to 10225 North Knoxville Avenue, Peoria, IL 61615.
BETTER BANKS REVIEWS & COMPLAINTS
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