Philo Exchange Bank is a bank based in Philo, Illinois, established in 1883, with $152 million in total assets across 5 branches. By Trust Grade it ranks 108th of 328 banks we track in Illinois. Its capital ratio of 10.0% trails most similarly sized banks (47th percentile), versus a Illinois median of 10.3%. It was profitable over the most recent period, with a 1.03% return on assets. No consumer complaints against Philo Exchange Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Philo Exchange Bank compares to Illinois peers
How we graded Philo Exchange Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.0% capital ratio)
- Strongly profitable (ROA 1.03%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Philo Exchange Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (5)
- Lincoln And Diller Streets, Broadlands, IL 61816
- 102 W Washington St, Philo, IL 61864
- 401 N Lincoln St, Philo, IL 61864
- 802 E. Warren Street, Saint Joseph, IL 61873
- 201 N Vermilion Ave, Allerton, IL 61810
Are deposits at Philo Exchange Bank insured?
Yes. Philo Exchange Bank is an FDIC-insured bank (FDIC certificate #5722). 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.
Philo Exchange Bank: frequently asked questions
Is Philo Exchange Bank a good bank?
Philo Exchange 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 (10.0% capital ratio); Strongly profitable (ROA 1.03%).
Is Philo Exchange Bank FDIC-insured?
Yes. Philo Exchange Bank is a FDIC-insured bank (FDIC certificate #5722). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Philo Exchange Bank?
Philo Exchange Bank holds $152 million in total assets, ranking 108th of 328 banks we track in Illinois. It operates 5 branches.
Does Philo Exchange Bank have CFPB complaints?
No CFPB complaints against Philo Exchange 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.
