Better Banks CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

Today's 12-month CD rates can be found at 3.00%, 6-month CD rates at 4.16% and 3-month CD rates at 1.00%. Current savings rates are at 0.10% and money market rates are at 0.05%. Mortgage rates today on 30-year fixed loans are around 6.97%. Credit Card rates are at 12.50%. Personal Loan rates are at 13.74%. All these rates, and more, can be found in our database of rates. Better Banks's savings rates are at 0.10%. Better Banks's 30-Year Fixed rates are at 6.62%, 15-Year Fixed rates are at 6.50%.

Better Banks

To see how these rates compare to Better Banks CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Better Banks, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Better Banks CD rates. You can also compare Better Banks savings rates, MMA rates and mortgage rates using our other rate lists.

Better Banks 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 Better Banks? Share your experience about Better Banks by leaving a review below, or read customer reviews before you decide to use Better Banks.

Better Banks Texas Ratio

Better Banks's Texas Ratio is at 19.41%, which is considered excellent. The Texas Ratio for Better Banks is higher than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, Better Banks is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

Rate

APY/APR

vs Avg

12-Month CD

N/A

2.55%

18-Month CD

N/A

2.28%

24-Month CD

N/A

2.27%

36-Month CD

N/A

2.19%

48-Month CD

N/A

2.14%

60-Month CD

N/A

2.26%

Savings

0.10%

0.66%

MMA

N/A

1.05%

30-Year Fixed

6.70%

6.91%

Credit Card

N/A

14.10%

Personal Loan

N/A

11.27%

Better Banks

10225 N Knoxville Ave
Peoria, IL 61615

https://www.betterbanks.com

MonitorBankRates' Rating

5/5

★★★★★

Review Better Banks

Better Banks CD Rates and Interest Rates

Better Banks

Checking

2.00%

Better Banks

Better Savings

0.10%

Disclaimer

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Better Banks Mortgage Rates

Better Banks

15-Year Fixed

6.500%

6.629%

0.000

Better Banks

30-Year Fixed

6.625%

6.704%

0.000

Disclaimer

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

Compare Better Banks Rates with Other Competitive Bank and Credit Union Rates

Petefish, Skiles & Co. Bank

Rewards Checking

5.12%

$50

Pentucket Bank

12-Month CD

3.75%

$500

BankGloucester

12-Month CD (Jumbo)

3.63%

$100,000

Ukrainian Selfreliance Federal Credit Union

36-Month CD (My Choice)

3.56%

$500

Central Bank of Kansas City

24-Month CD

3.55%

$500

Planters Bank & Trust Company

High Yield Money Market

3.50%

$1,000,000

The Clay City Banking Co.

48-Month CD

3.44%

$1,000

FSB of Randolph County

36-Month CD

3.40%

$500

Gateway Commercial Bank

12-Month CD

3.30%

$1,000

Citizens Savings Bank Bogalusa, LA

36-Month CD

3.25%

$2,500

First National Bank of Clarksdale

Commercial Money Market

3.25%

$200,000

Farmers State Bank Yale, IA

60-Month CD

3.14%

$500

Avidia Bank

48-Month CD

3.05%

$1,000

First Federal S&L of Central Illinois, S.B.

60-Month CD

3.05%

$1,000

Fox Valley Savings Bank

48-Month CD

3.00%

$500

Ashton State Bank

36-Month CD

2.82%

$1,000

Camp Grove State Bank

12-Month CD

2.75%

$1,000

The Dolores State Bank

48-Month CD

2.52%

$1,000

State Bank Spirit Lake, IA

24-Month CD

2.52%

$1,000

Peoples Bank of Deer Lodge

24-Month CD

2.42%

$100

First National Bank in Philip

Money Market (CMA)

2.38%

$2,500

Northumberland Bank

24-Month CD

2.25%

$5,000

Northwestern Bank

18-Month CD

2.17%

$1,000

Tri-County Trust Company

12-Month CD

2.02%

$1,000

WaFd Bank

High Yield Money Market

2.00%

$500,000

Alpena-Alcona Area Credit Union

Money Market

1.87%

$2,000

Huron Valley State Bank

Money Market

1.76%

$5,000

Merrimack County SB

24-Month CD

1.75%

$500

Elevate Bank

36-Month CD

1.71%

$1,000

Highland Bank

36-Month CD

1.45%

$1,000

State Bank of Graymont

48-Month CD

1.41%

$1,000

FNB of Brookfield

Passbook Savings

1.21%

$200

Mid-Missouri Bank

18-Month CD

0.75%

$1,000

Magnolia Bank Elizabethtown, KY

18-Month CD

0.60%

$500

First Commercial Bank, N.A.

Money Market

0.50%

$2,500

1st Bank Yuma

12-Month CD

0.45%

$1,000

Winter Hill Bank

24-Month CD

0.45%

$500

MCS Bank

12-Month CD

0.42%

$1,000

Alliance Community Bank

Money Market

0.25%

$2,500

Garden Plain State Bank

NOW Checking

0.25%

$1,500

The Bank of South Carolina

Savings

0.25%

FSB Louise, TX

Savings

0.20%

$100

Altoona First Savings Bank

Statement Savings

0.10%

Citizens State Bank Sheldon, IA

Super Savings

0.10%

$1,500

FNB of Absecon

12-Month CD

0.10%

Northrim Bank

Classic Savings

0.10%

VisionBank Saint Louis Park, MN

Vision Savings

0.10%

$50

Peoples Bank Chestertown, MD

Money Market

0.05%

$1,000

First State Bank (MI)

24-Month CD

0.05%

$1,000

Verus Bank of Commerce

Big Thompson Savings

0.02%

$100

Disclaimer

Better Banks Mortgage Rates

1st Northern California Credit Union

7-Year Fixed

3.990%

4.357%

0.750

1st Northern California Credit Union

10-Year Fixed

4.250%

4.514%

0.750

1st Northern California Credit Union

15-Year Fixed

4.500%

4.685%

0.750

State Employees Credit Union

5-Year ARM

5.125%

5.230%

0.000

Americas First Federal Credit Union

15-Year Fixed

5.560%

5.250%

0.000

Lakewood Credit Union

15 Year Fixed

5.300%

5.390%

0.000

Pioneer Federal Credit Union

15-Year Fixed

5.250%

5.491%

0.000

State Employees Credit Union

10-Year Fixed

5.300%

5.518%

0.000

North Carolina Press Association Federal Credit Union

10 Year Fixed

5.300%

5.518%

0.000

North Carolina Press Association Federal Credit Union

5 Year ARM

5.125%

5.523%

0.000

1st Northern California Credit Union

15-Year Fixed (Jumbo)

5.375%

5.525%

0.750

Mutual Security Credit Union

5/1 ARM

5.500%

5.614%

0.000

State Employees Credit Union

15-Year Fixed

5.500%

5.654%

0.000

North Carolina Press Association Federal Credit Union

15 Year Fixed

5.500%

5.654%

0.000

PNB of Kewanee

30-Year Fixed

5.560%

5.730%

0.000

NESC Federal Credit Union

15 Year Fixed

5.750%

5.756%

0.000

PNB of Kewanee

15-Year Fixed

5.500%

5.785%

0.000

Mutual Security Credit Union

15-Year Fixed

5.750%

5.793%

0.000

American Eagle Financial Credit Union

15-Year Fixed

5.625%

5.797%

0.000

Altoona First Savings Bank

15-Year Fixed

5.750%

5.801%

0.000

Pittsford Federal Credit Union

15-Year Fixed

5.750%

5.801%

0.000

Sikorsky Credit Union

15-Year Fixed

5.750%

5.806%

0.000

Security Service Federal Credit Union

10-Year Fixed (Power Rate)

5.500%

5.814%

0.000

McCoy Federal Credit Union

10 Year Fixed

5.500%

5.820%

0.000

Pittsford Federal Credit Union

10-Year Fixed

5.750%

5.832%

0.000

Disclaimer

Better Banks Information

Better Banks

10225 N Knoxville Ave
Peoria, IL 61615
Peoria
Established Date: 01/01/1898
FDIC Certificate #: 1808
Date of FDIC Deposit Insurance: 01/01/1934

Bank Holding Company: BACKLUND INVESTMENT CO

How Many Domestic U.S. Offices? 10

How Many Branches are There? 10

Website: https://www.betterbanks.com

Is Better Banks FDIC Insured? Yes

What is Better Banks's Cert number? 1808

What is the maximum amount for insured deposits? $250,000 per holder, per account

Better Banks Financials

Total Assets:

$458,914,000

Total Deposits:

$430,286,000

Equity Capital:

$25,906,000

Domestic Deposits:

$430,286,000

Net Income:

$645,000

Return on Assets:

0.7168%

Quarterly Return on Assets:

0.5600%

Pretax Return on Assets:

0.5747%

Pretax Quarterly Return on Assets:

0.5700%

Return on Equity:

14.4900%

Quarterly Return on Equity:

9.9600%

Common Equity Tier 1 Capital Ratio:

12.2777%

Tier 1 Risk-Based Capital Ratio:

12.2777%

Leverage Tier 1 (Core Capital) Ratio:

8.1661%

Total Risk-Based Capital Ratio (YTD):

13.5291%

Total Interest Income (YTD):

3.8845%

Headquarters:

Peoria

FDIC Field Office:

Princeton

Regulator:

FDIC

County:

Peoria

# of Offices:

Metropolitan Statistical Area (MSA):

Peoria, IL

Consolidated Metropolitan Statistical Area (CMSA):

OTS Region:

Central

FDIC Region:

Chicago

Source: FDIC Last Updated 03/31/2024

Explore Other Rate Deals

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Mortgage Rates Down This Week: 30 Year Mortgage Rates at 5.06% and 15 Year Mortgage Rates at 4.44%

Mortgage rates headed down in the latest mortgage rate report for the week ending January 18, 2010. 30 year conforming mortgage rates are nearing 5.00 percent and 15 year conforming mortgage rates are back under 4.50 percent. Jumbo mortgage rates had bigger declines this week than conforming mortgage rates.

Mortgage Rates: 30 Year Mortgage Rates at 4.93% 15 Year Mortgage Rates at 4.33%

Mortgage rates are down again in the latest mortgage survey. Conforming 30 year mortgage rates are down to 4.93 percent for the week ending February 18, 2010. Mortgage discount points average 0.7 points.