Federated Bank is a bank based in Onarga, Illinois, established in 1918, with $135 million in total assets across 5 branches. By Trust Grade it ranks 7th of 328 banks we track in Illinois. Its capital ratio of 14.5% is stronger than 88% of similarly sized banks, versus a Illinois median of 10.3%. It was profitable over the most recent period, with a 1.64% return on assets. No consumer complaints against Federated Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Federated Bank compares to Illinois peers
How we graded Federated Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (14.5% capital ratio)
- Strongly profitable (ROA 1.64%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Federated Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (5)
- 110 W First North St, Chebanse, IL 60922
- 117 S Oak St, Loda, IL 60948
- 327 S Kinzie Ave, Bradley, IL 60915
- 107 N Chestnut St, Onarga, IL 60955
- 130 N Washington St, Braidwood, IL 60408
Are deposits at Federated Bank insured?
Yes. Federated Bank is an FDIC-insured bank (FDIC certificate #10464). 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.
Federated Bank: frequently asked questions
Is Federated Bank a good bank?
Federated Bank 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 (14.5% capital ratio); Strongly profitable (ROA 1.64%).
Is Federated Bank FDIC-insured?
Yes. Federated Bank is a FDIC-insured bank (FDIC certificate #10464). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Federated Bank?
Federated Bank holds $135 million in total assets, ranking 7th of 328 banks we track in Illinois. It operates 5 branches.
Does Federated Bank have CFPB complaints?
No CFPB complaints against Federated Bank appear in our data over the analysis window, which is typical for a bank of this size.
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.
