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Nokomis Savings Bank

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Nokomis Savings Bank Rates & Review May 2026

Q: How many branches does Nokomis Savings Bank operate?

Nokomis Savings Bank currently maintains approximately multiple 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, Nokomis Savings 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, Nokomis Savings 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: May 16, 2026

You can compare Nokomis Savings Bank rates to other rates in our database, including 12-month CD rates currently at 2.25%, 6-month CD rates at 1.30% and 3-month CD rates at 0.81%. Savings rates are at 0.25% and money market rates are at 0.50%. Mortgage rates on 30-year fixed loans are around 5.96%. All these rates can be compared to Nokomis Savings Bank rates. MonitorBankRates evaluates the financial stability of Nokomis Savings Bank with a 1.0 Star Rating, an F Overall Health Grade, and a Texas Ratio of 150.57%. Rates were last updated on 05/16/2026.

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

Overall Health & Safety Grade

High Risk Health Score: 0/100

MonitorBankRates Rating

1.0

Weak Out of 5.0 Stars

Texas Ratio

150.57%

Weak Higher than avg

Nokomis Savings Bank

100 W State St
Nokomis, IL 62075

Current Rate Availability

We do not have Nokomis Savings Bank rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Nokomis Savings 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 Nokomis Savings 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 Nokomis Savings Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Nokomis Savings Bank

FDIC Certificate # 29532

Address 100 W State St, Nokomis, IL 62075 · Montgomery

Website https://www.nokomissavings.com

Established 01/01/1881

FDIC Insurance Date 08/09/1989

Domestic Offices 1

Total Branches 0

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

Overall Health Grade Score: 0/100

1.0

Weak Out of 5.0 Stars

150.57%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) -4.8490%

Return on Equity (ROE) -90.7600%

Non-Performing Loans (NPL) 2.13%

Total Assets $24,919,000

Total Deposits $19,209,000

Equity Capital $352,000

Net Income $-986,000

Headquarters Nokomis

Total Offices 1

Source: FDIC | Last Updated 09/30/2023

Customer Reviews

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Frequently Asked Questions About Nokomis Savings Bank

How many branches does Nokomis Savings Bank operate?

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

Does Nokomis Savings Bank offer online and mobile banking?

Most modern institutions like Nokomis Savings 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.nokomissavings.com.