BranchWatch

Better Banks

Headquartered in Peoria, IL. Part of Backlund Investment Co. Employee Stock Ownership Plan. FDIC certificate #1808 · Federal Reserve RSSD 851631.

Total assets
$426M
Deposits
$388M
Q1 2026
Active branches
9
Closings since Jan 2020
1
0 openings since Jan 2020
All locations →Quarterly financials →

Financial snapshot — Q1 2026

All quarters →
Net income (quarter)
$1M
Return on assets
1.22%
Return on equity
15.16%
Noncurrent loan rate
1.40%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025

Values in $ billions, June 30 of each year.

Closings by year

1
2025

Other network changes since 2020

  • 2 branches acquired through purchases or mergers

Branches by state

Illinois 9

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.betterbanks.com.