Bank · FDIC insured
Devon Bank
A $418.6M bank headquartered in Chicago, IL, with 3 branches in Illinois.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: rates are not published online. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- Savings892.70%at $1,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Devon Bank
Devon Bank originally opened as Devon North Town State Bank on September 15, 1945, and has been primarily owned and operated by the Loundy family since 1953.
Headquartered in Chicago, Illinois, the certified Minority Depository Institution offers full-service community banking and Islamic home financing across 33 states.
- Headquarters
- 6445 N Western Ave, Chicago, IL 60645
- FDIC certificate
- 16249 ↗
Branches
3 branches in Illinois
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Illinois
3 branches
- Devon BankMain office6445 N Western Ave, Chicago, IL 60645Directions
- Glenview Branch950 Milwaukee Ave, Glenview, IL 60025Directions
- Wheeling Branch561 N Milwaukee Ave, Wheeling, IL 60090Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 6.27% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.27% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | -0.17% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $74 | $81 | — |
- CapitalLeverage ratio6.27%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.27%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets-0.17%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$74Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Devon Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.