Heritage Bank Of Schaumburg is a bank based in Schaumburg, Illinois, established in 1974, with $150 million in total assets across 1 branch. By Trust Grade it ranks 60th of 328 banks we track in Illinois. Its capital ratio of 15.1% is stronger than 90% of similarly sized banks, versus a Illinois median of 10.3%. It was profitable over the most recent period, with a 1.42% return on assets. No consumer complaints against Heritage Bank Of Schaumburg appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Heritage Bank Of Schaumburg compares to Illinois peers
How we graded Heritage Bank Of Schaumburg
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.1% capital ratio)
- Strongly profitable (ROA 1.42%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Heritage Bank Of Schaumburg over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 1535 W Schaumburg Rd, Schaumburg, IL 60194
Are deposits at Heritage Bank Of Schaumburg insured?
Yes. Heritage Bank Of Schaumburg is an FDIC-insured bank (FDIC certificate #21721). 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.
Heritage Bank Of Schaumburg: frequently asked questions
Is Heritage Bank Of Schaumburg a good bank?
Heritage Bank Of Schaumburg 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 (15.1% capital ratio); Strongly profitable (ROA 1.42%).
Is Heritage Bank Of Schaumburg FDIC-insured?
Yes. Heritage Bank Of Schaumburg is a FDIC-insured bank (FDIC certificate #21721). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Heritage Bank Of Schaumburg?
Heritage Bank Of Schaumburg holds $150 million in total assets, ranking 60th of 328 banks we track in Illinois. It operates 1 branch.
Does Heritage Bank Of Schaumburg have CFPB complaints?
No CFPB complaints against Heritage Bank Of Schaumburg 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.
