What are the current interest rates at SmartBiz Bank?

Current rates for SmartBiz Bank include: 12-Month CD: 4.00%, 18-Month CD: 4.00%, MMA: 3.15%

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SmartBiz Bank Rates & Review October 2026

Q: How many branches does SmartBiz Bank operate?

SmartBiz Bank currently maintains approximately 1 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, SmartBiz Bank 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, SmartBiz Bank 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: October 11, 2026

SmartBiz Bank's top rates as of October 11, 2026 are 4.05% APY on its 7-Month CD, and 3.15% APY on money market accounts, according to rates verified by MonitorBankRates. Other SmartBiz Bank CD rates include 11-Month CD at 4.00%, and 17-Month CD at 4.00%. MonitorBankRates evaluates the financial stability of SmartBiz Bank with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 7.69%. Rates last updated and verified on 10/11/2026.

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

Verified Healthy Q2 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

Excellent Health Score: 96/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

7.69%

Excellent Higher than avg

Health Trend

Improving 12 quarters

Full history ›

SmartBiz Bank, National Association

385 Waukegan Rd
Northbrook, IL 60062

https://www.centrustbank.com

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Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

SmartBiz Bank CD Rates

Product	Rate	APY	Term
7-Month CD	-	4.05%	7-Month
Min Deposit $500 Details New money is required to open and earn the stated APY. Compounded annually. Fixed interest rate for the selected term. IRA eligible. Substantial penalty for early withdrawal, which will reduce earnings. Offer may be cancelled at any time without notice. At maturity, the CD will automatically renew with the same term at the rate and APY then in effect for those CD accounts. Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 4.05% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.69%
11-Month CD	-	4.00%	11-Month
Min Deposit $500 Details New money is required to open and earn the stated APY. Compounded annually. Fixed interest rate for the selected term. IRA eligible. Substantial penalty for early withdrawal, which will reduce earnings. Offer may be cancelled at any time without notice. At maturity, the CD will automatically renew with the same term at the rate and APY then in effect for those CD accounts. Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 4.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.69%
17-Month CD	-	4.00%	17-Month
Min Deposit $500 Details New money is required to open and earn the stated APY. Compounded annually. Fixed interest rate for the selected term. IRA eligible. Substantial penalty for early withdrawal, which will reduce earnings. Offer may be cancelled at any time without notice. At maturity, the CD will automatically renew with the same term at the rate and APY then in effect for those CD accounts. Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 4.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.69%

SmartBiz Bank Money Market Rates

Product	Rate	APY	View More
Platinum Money Market	-	3.15%
Min Deposit $10,000 Min Balance $10,000 Details New accounts must be funded with a minimum of $10,000 at Centrust Bank. New deposits only are defined as not currently on deposit with Centrust Bank. Interest paid monthly. A monthly fee of $25 will be assessed if the minimum daily balance falls below $10,000. Fees may reduce earnings on the account. Interest rates and APY may change at any time without notice at the Bank's discretion. We use the daily balance method to calculate interest on the account. Accounts closed before the interest payment date will not earn accrued interest for that period. See Deposit Account Agreement and Disclosures for additional terms. Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 3.15% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.69%

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

SmartBiz Bank’s Texas Ratio fell from 18.83% in Q3 2023 to 7.69% in Q2 2026, so its financial health has improved over the past 12 quarters. Over the same period its Star Rating moved from 4.7 to 5.0 and its Health Grade from B+ to A. 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	$201M	7.69%	5.0	A
March 31, 2026	$205M	8.20%	5.0	A
December 31, 2025	$192M	3.61%	5.0	A+
September 30, 2025	$187M	7.94%	5.0	A
June 30, 2025	$168M	8.21%	5.0	A
March 31, 2025	$165M	7.41%	5.0	A
December 31, 2024	$148M	5.88%	5.0	A+
September 30, 2024	$151M	6.85%	5.0	A
June 30, 2024	$146M	11.40%	5.0	A
March 31, 2024	$151M	12.17%	5.0	A
December 31, 2023	$155M	14.23%	5.0	A-
September 30, 2023	$149M	18.83%	4.7	B+

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 SmartBiz Bank 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 SmartBiz Bank 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 SmartBiz Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name SmartBiz Bank

Bank Holding Company SMARTBIZ BANCSHARES INC

Address 385 Waukegan Rd, Northbrook, IL 60062 · Cook

Website https://www.centrustbank.com

FDIC Certificate # 58158

Established 20060414

FDIC Insurance Date 20060414

Domestic Offices 1

Total Branches 1

Regulator OCC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

Overall Health Grade Score: 96/100

5.0

Exceptional Out of 5.0 Stars

7.69%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) -0.3323%

Return on Equity (ROE) -2.3500%

Non-Performing Loans (NPL) 1.09%

Total Assets $200,758,000

Total Deposits $167,240,000

Equity Capital $28,364,000

Net Income $-331,000

Headquarters Northbrook

Total Branches and Offices 1

Source: FDIC | Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

SmartBiz Bank earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

<a href="https://monitorbankrates.com/banks/centrust-bank-national-association-rates-review-58158">
  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026-q2.svg"
       alt="MonitorBankRates Verified Healthy Badge Q2 2026"
       width="160" height="160">
</a>

Learn more about the MBR Health & Safety Badge program on our methodology page.

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Frequently Asked Questions About SmartBiz Bank

How many branches does SmartBiz Bank operate?

SmartBiz Bank currently maintains approximately 1 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, SmartBiz Bank 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, SmartBiz Bank provides members with tools to manage their accounts and build a solid financial history.

Does SmartBiz Bank offer online and mobile banking?

Most modern institutions like SmartBiz Bank 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.centrustbank.com.