What are the current interest rates at Providence Bank & Trust?

Current rates for Providence Bank & Trust include: 12-Month CD: 4.00%, Savings: 2.00%, MMA: 2.25%

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Providence Bank & Trust

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Providence Bank & Trust Rates & Review October 2026

Q: How many branches does Providence Bank & Trust operate?

Providence Bank & Trust currently maintains approximately 16 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Providence Bank & Trust 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 7, 2026

Providence Bank & Trust's top rates as of October 7, 2026 are 4.00% APY on its 13-Month CD Special, 2.00% APY on savings, and 2.25% APY on money market accounts, according to rates verified by MonitorBankRates. Other Providence Bank & Trust CD rates include 13-Month 13-Month CD at 4.00%, 7-Month CD Special at 3.80%, and 7-Month 7-Month CD at 3.80%. MonitorBankRates evaluates the financial stability of Providence Bank & Trust with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.85%. Rates last updated and verified on 10/07/2026.

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

Verified Healthy Q2 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

0.85%

Excellent Lower than avg

Health Trend

Improving 12 quarters

Full history ›

Providence Bank & Trust

630 E 162nd St
South Holland, IL 60473

https://www.providence.bank

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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.

Providence Bank & Trust CD Rates

Product	Rate	APY	Term
13 Month CD Special	3.941%	4.00%	13 Month
Min Deposit $2,500 Min Balance $2,500 Details Interest rate of 3.941% and APY of 4.00% are accurate as of September 25, 2026 and is subject to discontinuation or change without notice. Providence Bank & Trust reserves the right to limit deposits. Individual Retirement Account (IRA) are eligible. Fees may reduce earnings. Interest is compounded quarterly. Penalties may be imposed for early withdrawal. At maturity, the 13 month CD will renew to a 12 month CD, at the rate we are paying on the date of maturity for a 12 month CD. Other terms and conditions may apply. Last Updated 10/07/2026 Rate History 1 change since Sep 18, 2026 · 3.65% → 4.00% ▲ 0.35 pts · high 4.00% / low 3.65% Sep 27, 20264.00%▲ from 3.65% Sep 18, 20263.65%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.85%
13-Month CD	-	4.00%	13 Month
No additional details. Last Updated 10/07/2026 Rate History 1 change since Sep 15, 2026 · 3.65% → 4.00% ▲ 0.35 pts · high 4.00% / low 3.65% Sep 27, 20264.00%▲ from 3.65% Sep 15, 20263.65%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.85%
7 Month CD Special	3.747%	3.80%	7 Month
Min Deposit $2,500 Min Balance $2,500 Details Interest rate of 3.747% and APY of 3.80% are accurate as of September 25, 2026, and is subject to discontinuation or change without notice. Providence Bank & Trust reserves the right to limit deposits. Individual Retirement Account (IRA) are eligible. Fees may reduce earnings. Interest is compounded quarterly. Penalties may be imposed for early withdrawal. At maturity, the 7 month CD will renew to a 12 month CD, at the rate we are paying on the date of maturity for a 12 month CD. Other terms and conditions may apply. Last Updated 10/07/2026 Rate History 1 change since Sep 18, 2026 · 3.50% → 3.80% ▲ 0.30 pts · high 3.80% / low 3.50% Sep 27, 20263.80%▲ from 3.50% Sep 18, 20263.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.85%
7-Month CD	-	3.80%	7 Month
No additional details. Last Updated 10/07/2026 Rate History 1 change since Sep 15, 2026 · 3.50% → 3.80% ▲ 0.30 pts · high 3.80% / low 3.50% Sep 27, 20263.80%▲ from 3.50% Sep 15, 20263.50%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.85%

Providence Bank & Trust Savings Rates

Product	Rate	APY	View More
Achieve More Savings	-	2.00%
Min Deposit $200 Min Balance $200 Details Account balances of $0.00 to $24,999.99 will earn 0.25% APY, account balances of $25,000.00 to $149,999.99 will earn 0.60% APY, and account balances of $150,000.00 and over will earn 2.00% APY. Offer valid beginning September 25, 2026 and may be eliminated at any time. Account is available to individuals only. Six complimentary withdrawals per month. $5.00 monthly Account Service Fee applies if balance falls below minimum. Last Updated 10/07/2026 Rate History 1 change since Sep 24, 2026 · 1.65% → 2.00% ▲ 0.35 pts · high 2.00% / low 1.65% Sep 27, 20262.00%▲ from 1.65% Sep 24, 20261.65%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.85%

Providence Bank & Trust Money Market Rates

Product	Rate	APY	View More
Achieve More Money Market	-	2.25%
Min Deposit $2,500 Min Balance $2,500 Details Account balances of $0.00 to $74,999.99 will earn 0.50% APY, account balances of $75,000 to $149,999.99 will earn 0.75% APY, and account balances of $150,000.00 and over will earn 2.25% APY. Offer valid beginning September 25, 2026 and may be eliminated at any time. Account is available to individuals only. Six complimentary withdrawals per month. $10.00 monthly Account Service Fee applies if balance falls below minimum. Last Updated 10/07/2026 Rate History No change since Oct 7, 2026 · 2.25% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.85%

Providence Bank & Trust Business Money Market Rates

Product	Rate	APY
Achieve More Commercial Money Market	-	2.25%
Min Deposit $75,000 Min Balance $10,000 Details Balances of $2,500 to $9,999.99 will earn 0.01% APY, account balances of $10,000 to $74,999.99 will earn 0.50% APY, account balances of $75,000.00 to $249,999.99 will earn 0.75% APY, and account balances of $250,000.00 and over will earn 2.25% APY. APY is accurate as of September 25, 2026. Rates are subject to change at any time. Minimum balance is $10,000 and a $10.00 monthly Account Service Fee applies if balance falls below minimum. Transfers from a money market account to another account or to third parties by preauthorized, automatic, telephone or internet transfers or by check, draft, debit card, or similar to third parties are limited to six per statement cycle. A $15.00 service fee applies for each withdrawal exceeding six. Activity charges can be imposed. Includes 4 free deposits and 10 free deposited checks per month. Each additional deposit is $0.50 and each additional deposited check is $0.15. Fees may reduce earnings. Other fees or restrictions may apply. Last Updated 10/07/2026 Rate History 1 change since Sep 24, 2026 · 2.00% → 2.25% ▲ 0.25 pts · high 2.25% / low 2.00% Sep 27, 20262.25%▲ from 2.00% Sep 24, 20262.00%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.85%
Achieve More Commercial Money Market	-	0.75%
Min Deposit $75,000 Min Balance $75,000 Details Balances of $2,500 to $9,999.99 will earn 0.01% APY, account balances of $10,000 to $74,999.99 will earn 0.50% APY, account balances of $75,000.00 to $249,999.99 will earn 0.75% APY, and account balances of $250,000.00 and over will earn 2.25% APY. APY is accurate as of September 25, 2026. Rates are subject to change at any time. Minimum balance is $10,000 and a $10.00 monthly Account Service Fee applies if balance falls below minimum. Transfers from a money market account to another account or to third parties by preauthorized, automatic, telephone or internet transfers or by check, draft, debit card, or similar to third parties are limited to six per statement cycle. A $15.00 service fee applies for each withdrawal exceeding six. Activity charges can be imposed. Includes 4 free deposits and 10 free deposited checks per month. Each additional deposit is $0.50 and each additional deposited check is $0.15. Fees may reduce earnings. Other fees or restrictions may apply. Last Updated 10/07/2026 Rate History No change since Sep 24, 2026 · 0.75% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.85%
Achieve More Commercial Money Market	-	0.50%
Min Deposit $75,000 Min Balance $10,000 Details Balances of $2,500 to $9,999.99 will earn 0.01% APY, account balances of $10,000 to $74,999.99 will earn 0.50% APY, account balances of $75,000.00 to $249,999.99 will earn 0.75% APY, and account balances of $250,000.00 and over will earn 2.25% APY. APY is accurate as of September 25, 2026. Rates are subject to change at any time. Minimum balance is $10,000 and a $10.00 monthly Account Service Fee applies if balance falls below minimum. Transfers from a money market account to another account or to third parties by preauthorized, automatic, telephone or internet transfers or by check, draft, debit card, or similar to third parties are limited to six per statement cycle. A $15.00 service fee applies for each withdrawal exceeding six. Activity charges can be imposed. Includes 4 free deposits and 10 free deposited checks per month. Each additional deposit is $0.50 and each additional deposited check is $0.15. Fees may reduce earnings. Other fees or restrictions may apply. Last Updated 10/07/2026 Rate History 2 changes since Sep 24, 2026 · 2.00% → 0.50% ▼ 1.50 pts · high 2.25% / low 0.50% Oct 7, 20260.50%▼ from 2.25% Sep 27, 20262.25%▲ from 2.00% Sep 24, 20262.00%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.85%
Achieve More Commercial Money Market	-	0.01%
Min Deposit $75,000 Min Balance $2,500 Details Balances of $2,500 to $9,999.99 will earn 0.01% APY, account balances of $10,000 to $74,999.99 will earn 0.50% APY, account balances of $75,000.00 to $249,999.99 will earn 0.75% APY, and account balances of $250,000.00 and over will earn 2.25% APY. APY is accurate as of September 25, 2026. Rates are subject to change at any time. Minimum balance is $10,000 and a $10.00 monthly Account Service Fee applies if balance falls below minimum. Transfers from a money market account to another account or to third parties by preauthorized, automatic, telephone or internet transfers or by check, draft, debit card, or similar to third parties are limited to six per statement cycle. A $15.00 service fee applies for each withdrawal exceeding six. Activity charges can be imposed. Includes 4 free deposits and 10 free deposited checks per month. Each additional deposit is $0.50 and each additional deposited check is $0.15. Fees may reduce earnings. Other fees or restrictions may apply. Last Updated 10/07/2026 Rate History No change since Sep 24, 2026 · 0.01% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.85%

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.
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Financial Health History

Providence Bank & Trust’s Texas Ratio fell from 6.14% in Q3 2023 to 0.85% in Q2 2026, so its financial health has improved and is now very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0 and its Health Grade from A 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	$1.6B	0.85%	5.0	A+
March 31, 2026	$1.6B	0.81%	5.0	A+
December 31, 2025	$1.6B	1.13%	5.0	A+
September 30, 2025	$1.6B	4.36%	5.0	A+
June 30, 2025	$1.5B	4.74%	5.0	A+
March 31, 2025	$1.6B	5.86%	5.0	A+
December 31, 2024	$1.6B	6.79%	5.0	A
September 30, 2024	$1.6B	6.76%	5.0	A
June 30, 2024	$1.6B	6.98%	5.0	A
March 31, 2024	$1.6B	7.30%	5.0	A
December 31, 2023	$1.6B	6.62%	5.0	A
September 30, 2023	$1.6B	6.14%	5.0	A

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 Providence Bank & Trust 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 Providence Bank & Trust 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 Providence Bank & Trust's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Providence Bank & Trust

Bank Holding Company PROVIDENCE FINANCIAL CORP

Address 630 E 162nd St, South Holland, IL 60473 · Cook

Website https://www.providence.bank

FDIC Certificate # 57754

Established 20040920

FDIC Insurance Date 20040920

Domestic Offices 16

Total Branches 16

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 100/100

5.0

Exceptional Out of 5.0 Stars

0.85%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.6374%

Return on Equity (ROE) 13.5800%

Non-Performing Loans (NPL) 0.01%

Total Assets $1,558,709,000

Total Deposits $1,346,263,000

Equity Capital $194,618,000

Net Income $12,809,000

Headquarters South Holland

Total Branches and Offices 16

Source: FDIC | Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Providence Bank & Trust 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.

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

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Frequently Asked Questions About Providence Bank & Trust

How many branches does Providence Bank & Trust operate?

Providence Bank & Trust currently maintains approximately 16 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, Providence Bank & Trust 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, Providence Bank & Trust provides members with tools to manage their accounts and build a solid financial history.

Does Providence Bank & Trust offer online and mobile banking?

Most modern institutions like Providence Bank & Trust 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.providence.bank.