Bank · FDIC insured
Municipal Bank
A $382.2M bank headquartered in Bourbonnais, IL, with 2 branches in Illinois. Best rates: CDs 3.85% and savings 0.25% APY.
Municipal Bank Carrot Score
62
Carrot Score
Higher than 7% of U.S. banks and credit unions
#11 of 11 in Kankakee, IL metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Municipal Bank
Municipal Bank is a locally owned community bank founded in 1971.
The bank serves families and businesses throughout Kankakee County, Illinois.
- Headquarters
- 720 Main St Nw, Bourbonnais, IL 60914
- FDIC certificate
- 23546 ↗
Branches
2 branches in Illinois
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Illinois
2 branches
- Municipal Trust and Savings BankMain office720 Main St Nw, Bourbonnais, IL 60914Directions
- Momence Branch228 N Dixie Hwy, Momence, IL 60954Directions
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 | 15.56% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.04% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 2.96% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $85 | $81 | — |
- CapitalLeverage ratio15.56%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.04%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets2.96%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$85Peers’ 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 Municipal Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.