Devon Bank is a bank based in Chicago, Illinois, established in 1945, with $436 million in total assets across 3 branches. By Trust Grade it ranks 321st of 328 banks we track in Illinois. Its capital ratio of 5.7% trails most similarly sized banks (2th percentile), versus a Illinois median of 10.3%. It posted a loss over the most recent period (-0.33% return on assets), a point to watch. Consumers filed 1 complaints about Devon Financial Services, Inc. with the CFPB — 2.3 per $1B in assets, a lower rate than 88% of peers.
How Devon Bank compares to Illinois peers
How we graded Devon Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (5.7% capital ratio)
- Unprofitable over the period (ROA -0.33%)
- 2.3 complaints per $1B in assets
Consumer complaints (CFPB)
1 complaints filed with the CFPB against Devon Financial Services, Inc. — 2.3 per $1B in assets.
Branch locations (3)
- 6445 N Western Ave, Chicago, IL 60645
- 950 Milwaukee Ave, Glenview, IL 60025
- 561 N Milwaukee Ave, Wheeling, IL 60090
Are deposits at Devon Bank insured?
Yes. Devon Bank is an FDIC-insured bank (FDIC certificate #16249). 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.
Devon Bank: frequently asked questions
Is Devon Bank a good bank?
Devon Bank earns a Bankzia Trust Grade of C (72/100, "Average"), based on a financial-strength score of 72/100 and a customer-experience score of 82.22/100. Well-capitalized (5.7% capital ratio); Unprofitable over the period (ROA -0.33%).
Is Devon Bank FDIC-insured?
Yes. Devon Bank is a FDIC-insured bank (FDIC certificate #16249). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Devon Bank?
Devon Bank holds $436 million in total assets, ranking 321st of 328 banks we track in Illinois. It operates 3 branches.
How many complaints does Devon Bank have?
Consumers filed 1 complaints about Devon Financial Services, Inc. with the CFPB, or 2.3 per $1B in assets.
Similar Banks
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.
