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First American Bank

Elk Grove Village, IL · Est. 1901 · Website ↗
A
Trust Grade
Excellent
Score: 92/100

First American Bank is a bank based in Elk Grove Village, Illinois, established in 1901, with $8.2 billion in total assets across 60 branches. By Trust Grade it ranks 249th of 328 banks we track in Illinois. Its capital ratio of 8.4% trails most similarly sized banks (13th percentile), versus a Illinois median of 10.3%. It was profitable over the most recent period, with a 1.51% return on assets. No consumer complaints against First American Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$8.2B
$1B–10B institution
Deposits
$5.2B
Branches
60
Capital ratio
8.4%
Bottom 13% of $1B–10B peers · Illinois median 10.3%
Return on assets
1.5%
Top 28% of $1B–10B peers · Illinois median 1.1%
Rank in Illinois
#249
of 328 banks

How First American Bank compares to Illinois peers

Capital ratio
Bottom 13% of $1B–10B peers
First American
8.4%
Illinois median
10.3%
Higher capital ratio = stronger financial cushion
Return on assets
Top 28% of $1B–10B peers
First American
1.5%
Illinois median
1.1%
Higher ROA = more profitable relative to asset base

How we graded First American Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
92/100
Customer experience
n/a
Overall
A · 92
  • Well-capitalized (8.4% capital ratio)
  • Strongly profitable (ROA 1.51%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for First American Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (60)

  • 5000 N Elston Ave, Chicago, IL 60630
  • 1818 W Jefferson St, Joliet, IL 60435
  • 101 Meadowview Ctr, Kankakee, IL 60901
  • 1801 Sw 1st St, Miami, FL 33135
  • 80 Stratford Square Drive, Bloomingdale, IL 60108
  • 218 W Main St, Dundee, IL 60118
  • 700 E Ogden Ave, Naperville, IL 60563
  • 1345 W Diversey Pkwy, Chicago, IL 60614
  • 33 W Monroe St, Chicago, IL 60603
  • 1789 S Randall Rd, Geneva, IL 60134
  • 33 S Rand Rd, Lake Zurich, IL 60047
  • 830 Roosevelt Rd, Glen Ellyn, IL 60137
  • 2901 E Main St, St Charles, IL 60174
  • 1906 E Grand Ave, Lindenhurst, IL 60046
  • 500 E Grand Ave, Lake Villa, IL 60046
  • 701 N Milwaukee Ave, Vernon Hills, IL 60061
  • 2001 N Mannheim Rd, Melrose Park, IL 60160
  • 15 Riverside Rd, Riverside, IL 60546
  • 700 Busse Rd, Elk Grove Village, IL 60007
  • 261 S Western Ave, Carpentersville, IL 60110
  • 4611 Golf Rd, Skokie, IL 60076
  • 3205 Mall Loop Dr, Joliet, IL 60431
  • 288 Main St Nw, Bourbonnais, IL 60914
  • 6200 W 95th St, Oak Lawn, IL 60453
  • 1290 W Boughton Rd, Bolingbrook, IL 60490
  • 79 E Flagler St, Miami, FL 33131
  • 9696 Sw 40th St, Miami, FL 33165
  • 611 W 49th St, Hialeah, FL 33012
  • 1780 W Fullerton Ave, Addison, IL 60101
  • 23604 75th St, Salem, WI 53168
  • 356 W Armitage Ave, Chicago, IL 60614
  • 3054 E New York St, Aurora, IL 60502
  • 1350 22nd Ave, Kenosha, WI 53140
  • 2101 Willow Rd, Glenview, IL 60025
  • 1430 Golf Rd, Rolling Meadows, IL 60008
  • 7747 N Waukegan Rd, Niles, IL 60714
  • 7005 Grand Ave, Gurnee, IL 60031
  • 1 Bank Ln, Buffalo Grove, IL 60089
  • 540 Biltmore Way, Coral Gables, FL 33134
  • 20704 S Cicero Ave, Matteson, IL 60443

Are deposits at First American Bank insured?

Yes. First American Bank is an FDIC-insured bank (FDIC certificate #3657). 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.

First American Bank: frequently asked questions

Is First American Bank a good bank?

First American Bank earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Well-capitalized (8.4% capital ratio); Strongly profitable (ROA 1.51%).

Is First American Bank FDIC-insured?

Yes. First American Bank is a FDIC-insured bank (FDIC certificate #3657). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is First American Bank?

First American Bank holds $8.2 billion in total assets, ranking 249th of 328 banks we track in Illinois. It operates 60 branches.

Does First American Bank have CFPB complaints?

No CFPB complaints against First American Bank 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.

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