First American Bank CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

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First American BankToday's 12-month CD rates can be found at 1.25%, 6-month CD rates at 0.35% and 3-month CD rates at 0.90%. Current savings rates are at 0.40% and money market rates are at 0.14%. Mortgage rates today on 30-year fixed loans are around 6.68%. Credit Card rates are at 18.00%. Personal Loan rates are at 11.50%. All these rates, and more, can be found in our database of rates.

To see how these rates compare to First American Bank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from First American Bank, 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 First American Bank CD rates. You can also compare First American Bank savings rates, MMA rates and mortgage rates using our other rate lists.

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

First American Bank Texas Ratio

First American Bank's Texas Ratio is at 1.86%, which is considered excellent. The Texas Ratio for First American Bank is lower 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, First American Bank 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
18-Month CD
N/A
24-Month CD
N/A
36-Month CD
N/A
48-Month CD
N/A
60-Month CD
N/A
Savings
N/A
MMA
N/A
30-Year Fixed
N/A
Credit Card
N/A
Personal Loan
N/A
First American Bank
700 Busse Rd
Elk Grove Village, IL 60007
Member FDIC
MonitorBankRates' Rating
5/5
★★★★★

Compare First American Bank Rates with Other Competitive Bank and Credit Union Rates

Bank
Product
APY
Min Dep
Whatcom Educational Credit Union
Whatcom Educational Credit Union
Stash (Emergency) Savings
6.00%
$0
Evans Bank
Evans Bank
Orange Saver Savings
5.00%
$0
Ohio State Bank
Ohio State Bank
6-Month CD
4.65%
$500
First Bank Hampton
First Bank Hampton
12-Month CD
4.25%
$1,000
United Valley Bank
United Valley Bank
3-Month CD
4.25%
$500
Mountain America Federal Credit Union
Mountain America Federal Credit Union
48-Month CD
4.20%
$500
Alpena-Alcona Area Credit Union
Alpena-Alcona Area Credit Union
12-Month CD
4.06%
$500
Genesis Bank
Genesis Bank
48-Month CD
4.00%
$1,000
WVS West View SB
WVS West View SB
12-Month CD
4.00%
$500
Monroe Savings Bank
Monroe Savings Bank
12-Month CD
3.80%
$500
Aberdeen Proving Ground FCU
Aberdeen Proving Ground FCU
84-Month CD
3.80%
$100
Meridian Bank
Meridian Bank
36-Month CD
3.50%
$500
GCSB Swayzee, IN
GCSB Swayzee, IN
24-Month CD
3.34%
$1,000
Truliant Federal Credit Union
Truliant Federal Credit Union
60-Month CD
3.34%
$250
United State Bank Lewistown, MO
United State Bank Lewistown, MO
48-Month CD
3.30%
$1,000
1st Community Credit Union
1st Community Credit Union
1st Rewards Checking
3.30%
$0
Itasca Bank & Trust Co.
Itasca Bank & Trust Co.
30-Month CD
3.10%
$1,000
Peoples Bank of Kankakee County
Peoples Bank of Kankakee County
24-Month CD
3.05%
$5,000
Boonville Federal Savings Bank
Boonville Federal Savings Bank
24-Month CD
3.03%
$1,000
Savings Bank Wakefield, MA
Savings Bank Wakefield, MA
Kasasa Checking
3.00%
$0
ACMG Federal Credit Union
ACMG Federal Credit Union
36-Month CD
2.90%
$1,000
Main Bank
Main Bank
24-Month CD
2.75%
$1,000
Frontier State Bank
Frontier State Bank
36-Month CD
2.65%
$1,000
UCB Milford, IA
UCB Milford, IA
36-Month CD
2.52%
$1,000
FNB of Bellville
FNB of Bellville
24-Month CD
2.50%
$1,000
Sanborn Savings Bank
Sanborn Savings Bank
12-Month CD
2.26%
$1,000
Think Mutual Bank
Think Mutual Bank
3-Month CD
2.25%
$250
2 Rivers Area Credit Union
2 Rivers Area Credit Union
12-Month CD
2.25%
$1,000
Northwestern Bank
Northwestern Bank
18-Month CD
2.17%
$1,000
Addition Financial Credit Union
Addition Financial Credit Union
Growth+ Money Market
2.02%
$10,000
Achieva Credit Union
Achieva Credit Union
36-Month CD
1.80%
$500
Bank 21
Bank 21
Money Market
1.75%
$1,000
First Security B&T Co. IA
First Security B&T Co. IA
Kasasa Checking
1.59%
$0
Osgood Bank
Osgood Bank
36-Month CD
1.51%
$1,000
First Bank Clewiston, FL
First Bank Clewiston, FL
Money Market
1.00%
$1,000
SpiritBank
SpiritBank
12-Month CD
1.00%
$2,500
Hancock County SB
Hancock County SB
18-Month CD
0.50%
$500
Brenham National Bank
Brenham National Bank
36-Month CD
0.50%
$1,000
South Central State Bank
South Central State Bank
Savings
0.40%
$100
The Union Bank Company
The Union Bank Company
48-Month CD
0.35%
$500
First Bank of Central Ohio
First Bank of Central Ohio
36-Month CD
0.30%
$500
Citizens Federal S&L Assoc
Citizens Federal S&L Assoc
Demand Money Market
0.25%
$2,500
Washington State Bank Washington, IA
Washington State Bank Washington, IA
Savings
0.25%
$100
Complex Community Federal Credit Union
Complex Community Federal Credit Union
Regular Savings
0.25%
$100
The Middlefield Banking Company
The Middlefield Banking Company
3-Month CD
0.20%
$500
Greene County Commercial Bank
Greene County Commercial Bank
Statement Savings
0.10%
$0
National Bank of Coxsackie
National Bank of Coxsackie
6-Month CD
0.10%
$500
Union Bank Morrisville, VT
Union Bank Morrisville, VT
Money Market
0.10%
$1,000
ableBanking
ableBanking
Money Market
0.10%
$250
The Bank of Bourbonnais
The Bank of Bourbonnais
12-Month CD
0.05%
$500
Show More

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.

Mortgage Rates January 20, 2025

Lender
Product
Rate
APR
Points
3.990%
4.357%
0.750
4.250%
4.514%
0.750
4.500%
4.685%
0.750
5.560%
5.250%
0.000
15 Year Fixed
5.300%
5.390%
0.000
5.375%
5.435%
0.000
5.250%
5.491%
0.000
5.300%
5.518%
0.000
5.375%
5.525%
0.750
5.125%
5.600%
0.000
5.500%
5.614%
0.000
15-Year Fixed (Power Rate)
5.847%
5.625%
0.000
5.500%
5.654%
0.000
5.625%
5.673%
0.000
30-Year Fixed
5.560%
5.730%
0.000
5.750%
5.756%
0.000
15-Year Fixed
5.500%
5.785%
0.000
5.750%
5.793%
0.000
5.750%
5.801%
0.000
15-Year Fixed
5.750%
5.806%
0.000
10-Year Fixed (Power Rate)
5.500%
5.814%
0.000
5.500%
5.820%
0.000
5.750%
5.834%
0.000
Show More

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.

Our apologies, we do not have First American Bank rate data right now, check back for updates, we are adding rates all the time.

First American Bank Information

First American Bank
700 Busse Rd
Elk Grove Village, IL 60007
Cook
Established Date: 03/26/1901
FDIC Certificate #: 3657
Date of FDIC Deposit Insurance: 01/01/1934
Bank Holding Company: FIRST AMERICAN BANK CORP
How Many Domestic U.S. Offices? 59
How Many Branches are There? 59
Is First American Bank FDIC Insured? Yes
What is First American Bank's Cert number? 3657
What is the maximum amount for insured deposits? $250,000 per holder, per account

First American Bank Financials

Total Assets:
$7,186,282,000
Total Deposits:
$4,815,573,000
Equity Capital:
$579,995,000
Domestic Deposits:
$4,815,573,000
Net Income:
$30,135,000
Return on Assets:
1.3144%
Quarterly Return on Assets:
1.7500%
Pretax Return on Assets:
1.7510%
Pretax Quarterly Return on Assets:
1.7500%
Return on Equity:
18.5000%
Quarterly Return on Equity:
21.6200%
Common Equity Tier 1 Capital Ratio:
12.0413%
Tier 1 Risk-Based Capital Ratio:
12.0413%
Leverage Tier 1 (Core Capital) Ratio:
7.0981%
Total Risk-Based Capital Ratio (YTD):
12.9990%
Total Interest Income (YTD):
6.1193%
 
 
Headquarters:
Elk Grove Village
FDIC Field Office:
Chicago
Regulator:
FDIC
County:
Cook
# of Offices:
59
Metropolitan Statistical Area (MSA):
Chicago-Naperville-Elgin, IL-IN-WI
Consolidated Metropolitan Statistical Area (CMSA):
Chicago-Gary-Kenosha, IL-IN-WI
OTS Region:
Central
FDIC Region:
Chicago
Source: FDIC Last Updated 03/31/2024

FDIC List of Troubled Banks and the Texas Ratio

The Federal Deposit Insurance Corporation (FDIC) maintains a list of problem banks that isn't published or shared with anyone else. So how can the average depositor or lender know if their bank is a problem bank about to fail?

The Texas Ratio is one measure that might offer a clue. The ratio was developed by RBC Capital Markets analyst Gerard Cassidy in the 1980's to forecast which banks could fail during the 1980's real estate bubble...Deja vu, anyone?

The ratio is devised by comparing a bank's troubled loans to its capital. If the amount of bad loans equals or exceeds its capital, a ratio of 100% or higher, the bank might not have enough capital to cover its losses related to the bad loans on its books. Updated Failed Bank List Below:

    Read more...

Explore Other Rate Deals

bank ratesSome of our readers have been asking which direction CD rates and deposit account rates are headed. Deposit accounts include bank accounts and certificate of deposit accounts. 
The outlook for CD rates in 2015 is very promising, which is great news since rates have been dismal for the past 6 years. In fact, the return on CDs hasn't even kept up with the inflation rate for the past several years. Investing in FDIC insured certificates of deposit will never give you the best rate of return, but at least your principal is safe.
Make sure you are up to date on these  important personal tax changes for 2008.

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