Bank · FDIC insured
Waterman Bank
A $173.6M bank headquartered in Waterman, IL, with 3 branches in Illinois. Best rates: CDs 3.82% and savings 3.82% APY.
Waterman Bank Carrot Score
83
Carrot Score
Higher than 61% of U.S. banks and credit unions
#47 of 124 in Chicago, IL-IN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Waterman Bank
- Headquarters
- 248 W Lincoln Hwy, Waterman, IL 60556
- FDIC certificate
- 10878 ↗
Branches
3 branches in Illinois
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Illinois
3 branches
- Waterman BankMain office248 W Lincoln Hwy, Waterman, IL 60556Directions
- Waterman Bank Branch1747 W North Ave, Chicago, IL 60622Directions
- Montgomery Branch1333 Douglas Ave, Montgomery, IL 60538Directions
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 | 13.20% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.78% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.47% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $87 | $81 | — |
- CapitalLeverage ratio13.20%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.78%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.47%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$87Peers’ 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 Waterman Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.