What are the current interest rates at Bank of Herrin?

Current rates for Bank of Herrin include: 12-Month CD: 1.30%, 18-Month CD: 1.21%, 24-Month CD: 1.32%, 36-Month CD: 1.53%, 48-Month CD: 1.53%, 60-Month CD: 1.53%, Savings: 0.10%

MonitorBankRates

☰

Quick Poll The Fed raised rates 0.25% on Sept. 16. Will you move money into a higher-yield account?

Home›
Banks›
Bank of Herrin

iAdvertiser Disclosure

Bank of Herrin Rates & Review September 2026

Q: How many branches does Bank of Herrin operate?

Bank of Herrin currently maintains approximately 5 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Bank of Herrin does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Bank of Herrin provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 18, 2026

Bank of Herrin's Special 12-Month CD rates are at 4.15%, Special 6-Month CD rates are at 4.15%, 36-Month CD & IRA rates are at 1.53%, 48-Month CD & IRA rates are at 1.53%, 60-Month CD & IRA rates are at 1.53%. Bank of Herrin's savings rates are at 0.10%. MonitorBankRates evaluates the financial stability of Bank of Herrin with a 4.2 Star Rating, an B+ Overall Health Grade, and a Texas Ratio of 8.88%. Rates last updated and verified on 09/18/2026.

Bank of Herrin money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Bank of Herrin? Share your experience about Bank of Herrin by leaving a review below, or read customer reviews before you decide to use Bank of Herrin.

Overall Health & Safety Grade

B+

Good Health Score: 87/100

MonitorBankRates Rating

4.2

Excellent Out of 5.0 Stars

Texas Ratio

8.88%

Excellent Higher than avg

Health Trend

Improving 12 quarters

Full history ›

The Bank of Herrin

101 S Park Ave
Herrin, IL 62948

https://www.bankofherrin.bank

Bank of Herrin CD Rates

Product	Rate	APY	Term
Special 12 Month CD	4.11%	4.15%	12 Month
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
Special 6 Month CD	4.11%	4.15%	6 Month
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
36 Month CD & IRA	1.52%	1.53%	36 Month
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
48 Month CD & IRA	1.52%	1.53%	48 Month
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
60 Month CD & IRA	1.52%	1.53%	60 Month
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
24 Month CD & IRA	1.31%	1.32%	24 Month
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
30 Month CD & IRA	1.31%	1.32%	30 Month
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
12 Month CD & IRA	1.30%	1.30%	12 Month
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
18 Month CD & IRA	1.20%	1.21%	18 Month
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
182 Day CD	0.95%	0.95%	182 Day
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
91 Day CD	0.50%	0.50%	91 Day
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000.00 and over Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%

Bank of Herrin Savings Rates

Product	Rate	APY
Christmas Club	0.25%	0.25%
Min Deposit $3 Min Balance $3 Details Christmas Club* Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
Statement Savings	0.10%	0.10%
Min Deposit $50 Min Balance $50 Details Statement Savings* Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%

Bank of Herrin Checking Rates

Product	Rate	APY
Rewards Checking	1.10%	1.11%
Min Deposit $100 Details Rewards Checking Up to $24,999.99* Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
Checking Account	0.15%	0.15%
Min Deposit $50 Min Balance $2,500 Details Balance: $2,500.00 and above balance Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
Tiered Checking	0.15%	0.15%
Min Deposit $50 Min Balance $2,500 Details Balance: $2,500.00 and above balance Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
Checking Account	0.10%	0.10%
Min Deposit $50 Min Balance $1,000 Details Balance: $1,000.00 - 2,499.99 balance Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
Tiered Checking	0.10%	0.10%
Min Deposit $50 Min Balance $1,000 Details Balance: $1,000.00 - 2,499.99 balance Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
Tiered NOW Checking	0.10%	0.10%
Min Deposit $1,000 Min Balance $2,500 Details Tiered NOW Checking $2,500.00+* Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
Checking Account	0.05%	0.05%
Min Deposit $50 Min Balance $500 Details Balance: $500.00 - $999.99 balance Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
Tiered Checking	0.05%	0.05%
Min Deposit $50 Min Balance $500 Details Balance: $500.00 - $999.99 balance Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
Tiered NOW Checking	0.05%	0.05%
Min Deposit $1,000 Min Balance $1,000 Details Tiered NOW Checking Up to $2,499.99* Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%

Bank of Herrin Other Rates

Product	Rate	Points	APY/APR
MMDA	0.20%	-	0.20%
Min Deposit $2,500 Min Balance $0 Details MMDA Less than $2,500.00* Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
MMDA	0.25%	-	0.25%
Min Deposit $2,500 Min Balance $2,500 Details MMDA $2,500.00 - $24,999.99* Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
MMDA	0.30%	-	0.30%
Min Deposit $2,500 Min Balance $25,000 Details MMDA $25,000.00 - Up Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
MMDA - Up	0.30%	-	0.30%
Min Deposit $2,500 Min Balance $25,000 Details $25,000.00; MMDA $25,000.00 - Up* Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%
MMDA Less than	0.20%	-	0.20%
Min Deposit $2,500 Min Balance $0 Details $2,500.00; MMDA Less than $2,500.00* Last Updated 09/18/2026 Institution Ratings 4.2 Star Rating B+ Health Grade ◈ Texas Ratio: 8.88%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Bank of Herrin’s Texas Ratio fell from 16.91% in Q3 2023 to 8.88% in Q2 2026, so its financial health has improved over the past 12 quarters. Over the same period its Star Rating moved from 1.0 to 4.2 and its Health Grade from F to B+. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$349M	8.88%	4.2	B+
March 31, 2026	$359M	8.22%	3.7	B-
December 31, 2025	$350M	6.86%	4.2	B+
September 30, 2025	$351M	7.31%	3.6	B-
June 30, 2025	$343M	9.30%	3.1	C
March 31, 2025	$340M	8.65%	2.5	C-
December 31, 2024	$334M	10.29%	2.3	D
September 30, 2024	$323M	5.39%	3.2	C+
June 30, 2024	$329M	10.10%	1.9	D
March 31, 2024	$326M	10.42%	1.5	F
December 31, 2023	$329M	11.65%	2.2	D
September 30, 2023	$314M	16.91%	1.0	F

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Bank of Herrin is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Bank of Herrin rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Bank of Herrin's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Bank of Herrin

Bank Holding Company FGH BCORP INC

Address 101 S Park Ave, Herrin, IL 62948 · Williamson

Website https://www.bankofherrin.bank

FDIC Certificate # 11310

Established 19040412

FDIC Insurance Date 19340101

Domestic Offices 5

Total Branches 5

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

B+

Overall Health Grade Score: 87/100

4.2

Excellent Out of 5.0 Stars

8.88%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.2332%

Return on Equity (ROE) 20.4800%

Non-Performing Loans (NPL) 0.55%

Total Assets $349,156,000

Total Deposits $326,501,000

Equity Capital $21,583,000

Net Income $2,174,000

Headquarters Herrin

Total Branches and Offices 5

Source: FDIC | Last Updated 06/30/2026

Customer Reviews

There are no reviews for Bank of Herrin yet. Feel free to create one below.

Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.

Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for Bank of Herrin

Frequently Asked Questions About Bank of Herrin

How many branches does Bank of Herrin operate?

Bank of Herrin currently maintains approximately 5 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Bank of Herrin does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Bank of Herrin provides members with tools to manage their accounts and build a solid financial history.

Does Bank of Herrin offer online and mobile banking?

Most modern institutions like Bank of Herrin provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.bankofherrin.bank.