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Institution profile

Better Banks

Bank · Active · Headquarters: Peoria, IL

Profile data observed August 5, 2026

Identity verified through FDIC; additional sources pendingVerification describes the US Mortgage Index public-source matching process. It is not an endorsement or recommendation. Read the methodology

Public-record data only. Not a recommendation, lender endorsement, or rate comparison. Verify current licensing, product availability, and terms independently.

FDIC BankFind baseline

FDIC-reported identity and institutional fields from the public BankFind record. These values are not described as current or real-time.

Legal name
Better Banks
Display name
Better Banks
Institution status
Active
FDIC insured
Yes
FDIC insured since
January 1, 1934
Established date
January 1, 1898
Charter class
State-chartered commercial bank, not a member of the Federal Reserve System (FRS)
Primary federal regulator
Federal Deposit Insurance Corporation
Headquarters
Peoria, IL, 61615, United States
FDIC certificate number
1808
Federal Reserve RSSD ID
851631
Domestic location count
10
Source observed
August 5, 2026

Regulatory profile

Public FFIEC NIC and CRA records for this institution, presented as source-backed regulatory context rather than a score or recommendation.

Regulatory identity

Institution status
ACTIVE
Primary federal regulator
FDIC
Institution type
Non-member Bank
Primary activity
NAICS 52211
FDIC certificate
1808
Federal Reserve RSSD ID
851631
LEI
254900UAJ26M2YIF0822
Headquarters
10225 North Knoxville Avenue, Peoria, IL, 61615, United States
Primary deposit insurer
Deposit Insurance Fund (DIF)
Source observed
August 19, 2026

Branch network

Listed locations

8

Showing 1 through 8 of 8 listed locations

Scroll sideways to see every branch column.

Showing 1 through 8 of 8 FFIEC NIC branch locations
BranchAddressCityStatePostal code
122 WEST BROADWAY BRANCH122 West BroadwayAstoriaIL61501
5600 ADAMS STREET OFFICE5600 Adams StreetBartonvilleIL61607
BARTONVILLE FACILITY1204 West GarfieldBartonvilleIL61607-1749
900 NORTH 4TH STREET BRANCH900 North 4th StreetChillicotheIL61523
201 2ND STREET OFFICE201 2nd StreetDunlapIL61525
GLASFORD MAIN305 East Main StreetGlasfordIL61533
MORTON BRANCH805 West JacksonMortonIL61550
200 WEST WILLIAMS STREET OFFICE200 West Williams StreetWyomingIL61491

Community Reinvestment Act (CRA)

Latest available CRA evaluation

Rating
Satisfactory
Exam date
January 1, 2024
Regulator
FDIC
Examination method
Intermediate Small Bank

This information reflects Community Reinvestment Act examination ratings reported by the cited official source. It is not a US Mortgage Index rating, recommendation, or assessment of the institution.

CRA evaluations are examination results from the relevant regulatory process and should be interpreted in the context of the examination date and source.

Historical CRA evaluations

Scroll sideways to see every CRA examination column.

Historical CRA evaluations
Exam dateCRA ratingRegulatorExamination method
January 1, 2024SatisfactoryFDICIntermediate Small Bank
November 1, 2020SatisfactoryFDICSmall Bank
October 1, 2017SatisfactoryFDICSmall Bank
October 1, 2014SatisfactoryFDICSmall Bank
September 1, 2009SatisfactoryFDICSmall Bank
August 1, 2004SatisfactoryFDICSmall Bank
July 1, 1999SatisfactoryFDICSmall Bank
November 1, 1995SatisfactoryFDICNot Reported
October 1, 1993SatisfactoryFDICNot Reported
October 1, 1991SatisfactoryFDICNot Reported

Institutional history

5 FFIEC NIC history events

Showing 1 through 5 of 5 history events

FFIEC NIC institutional history events
Event dateEvent typeRelated institution
June 18, 2022Charter Discontinued (Merger or Purchase & Assumption)
August 16, 2014Charter Discontinued (Merger or Purchase & Assumption)
June 18, 2011Charter Discontinued (Merger or Purchase & Assumption)
October 14, 2006Charter Discontinued (Merger or Purchase & Assumption)
September 17, 2004Charter Discontinued (Merger or Purchase & Assumption)

These events are shown as reported by the FFIEC NIC source and are not independent legal conclusions.

FFIEC-reported organizational relationships

1 FFIEC NIC relationship record

Showing 1 of 1 relationship records

FFIEC NIC organizational relationships
RelationshipInstitutionTypeLocation
ROOT_INSTITUTIONBETTER BANKSNon-member BankPeoria, IL

These relationships reflect the FFIEC NIC source display and should not be interpreted as a complete legal ownership analysis.

FFIEC NIC information reflects public regulatory records observed on the displayed source date. Observed dates describe when the public record was reviewed, not a real-time update.

Additional profile fields

Fields below supplement the primary source baseline and are shown only when present on the public profile.

Entity type
FDIC-insured state-chartered nonmember bank