State Bank Of Cherry is a bank based in Cherry, Illinois, established in 1906, with $140 million in total assets across 1 branch. By Trust Grade it ranks 28th of 328 banks we track in Illinois. Its capital ratio of 11.1% is stronger than 64% of similarly sized banks, versus a Illinois median of 10.3%. It was profitable over the most recent period, with a 1.02% return on assets. No consumer complaints against State Bank Of Cherry appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How State Bank Of Cherry compares to Illinois peers
How we graded State Bank Of Cherry
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.1% capital ratio)
- Strongly profitable (ROA 1.02%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for State Bank Of Cherry over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 110 S Main St, Cherry, IL 61317
Are deposits at State Bank Of Cherry insured?
Yes. State Bank Of Cherry is an FDIC-insured bank (FDIC certificate #11686). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
State Bank Of Cherry: frequently asked questions
Is State Bank Of Cherry a good bank?
State Bank Of Cherry earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (11.1% capital ratio); Strongly profitable (ROA 1.02%).
Is State Bank Of Cherry FDIC-insured?
Yes. State Bank Of Cherry is a FDIC-insured bank (FDIC certificate #11686). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is State Bank Of Cherry?
State Bank Of Cherry holds $140 million in total assets, ranking 28th of 328 banks we track in Illinois. It operates 1 branch.
Does State Bank Of Cherry have CFPB complaints?
No CFPB complaints against State Bank Of Cherry appear in our data over the analysis window, which is typical for a bank of this size.
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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
