|
iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Heritage Bank of Schaumburg Rates & Review August 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated and Verified: August 30, 2026
Heritage Bank of Schaumburg rates are not currently in our database, but you can compare rates from other banks and credit unions we track: 12-month CD rates are currently at 2.92%, 6-month CD rates at 2.77% and 3-month CD rates at 2.55%. Savings rates are at 0.84% and money market rates are at 1.17%. Mortgage rates on 30-year fixed loans are around 6.69%. These rates come from our rate database, not Heritage Bank of Schaumburg, and you can see how they compare in the Heritage Bank of Schaumburg rate tables below. MonitorBankRates evaluates the financial stability of Heritage Bank of Schaumburg with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.00%. Database rates last updated and verified on 08/30/2026. Heritage Bank of Schaumburg 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 Heritage Bank of Schaumburg? Share your experience about Heritage Bank of Schaumburg by leaving a review below, or read customer reviews before you decide to use Heritage Bank of Schaumburg. 
Heritage Bank of Schaumburg Mortgage Rates
Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Heritage Bank of Schaumburg 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 Heritage Bank of Schaumburg 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 Heritage Bank of Schaumburg's official website for the most current offers and terms.
Bank Profile & Overview
Institution Name
Heritage Bank of Schaumburg
Bank Holding Company
SCHAUMBURG BANCSHARES INC
Address
1535 W Schaumburg Rd,
Schaumburg, IL 60194 · Cook
Website
https://www.hbschaumburg.com
FDIC Certificate #
21721
Established
08/08/1974
FDIC Insurance Date
08/08/1974
Domestic Offices
1
Total Branches
1
Regulator
FDIC
FDIC Insured
✓ Yes — Up to $250,000
Financial Health & AssetsA+
Overall Health Grade
Score: 100/100
5.0
Exceptional
Out of 5.0 Stars
0.00%
Texas Ratio
Nat'l avg: 5.85%
Return on Assets (ROA)
0.7542%
Return on Equity (ROE)
6.1500%
Non-Performing Loans (NPL)
0.00%
Total Assets
$149,960,000
Total Deposits
$126,705,000
Equity Capital
$22,605,000
Net Income
$1,830,000
Headquarters
Schaumburg
Total Branches and Offices
1
Source: FDIC | Last Updated 12/31/2025
Customer Reviews
There are no reviews for Heritage Bank of Schaumburg 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.
Add Your Rating and Review for Heritage Bank of Schaumburg
Frequently Asked Questions About Heritage Bank of SchaumburgHow many branches does Heritage Bank of Schaumburg operate?Heritage Bank of Schaumburg 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, Heritage Bank of Schaumburg 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, Heritage Bank of Schaumburg provides members with tools to manage their accounts and build a solid financial history. Does Heritage Bank of Schaumburg offer online and mobile banking?Most modern institutions like Heritage Bank of Schaumburg 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.hbschaumburg.com. Compare to Other Banks
FSB of the South
Bank of India
FNB of Brownstown
WMB Wilson & Muir B&T Co.
Home T&S Bank
Exchange Bank (NE)
Raccoon Valley Bank
First National Bank in Olney
The Bank of Elk River
BMO Bank National Association
Farmers Bank & Trust (KS)
Legacy National Bank
First State Bank Shallowater, TX
Mainstreet Community Bank of Florida
Citizens Tri-County Bank
Sabine State Bank and Trust Company
Perryton National Bank
First Enterprise Bank
Citizens Bank of Eldon
Shore United Bank
Wells Bank
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
