Countryside Bank was founded in 1975 with headquarters located in Countryside, Illinois. Countryside Bank owns $553 million in assets as well as deposits totaling $485 million, ranking it as a medium-size bank. Countryside Bank lacks premium access to support representatives, with no options for live chat or all-day service. It is a conventional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile apps. SmartAsset has rated the bank 4.2 out of 5 stars, suggesting Countryside Bank is a great choice and should warrant serious consideration. Countryside Bank offers a complete selection of product offerings, including savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. It has a fair savings rate compared to the average savings account. If you're interested in stress-free personal checking, Countryside Bank offers an option without a maintenance or monthly fee. Obtaining a checking account with no monthly fee as well as a savings account with a high APY at the same institution is the best bet for returning the most income from your deposits while maintaining convenient access to your funds.
The overall rating is a weighted average of rates, fees, service quality and financial health.Read more
Countryside Bank features a savings rate of 0.01%, which is fair in comparison to the national average. Countryside Bank's one-year CD has a rate of 0.10%, while its highest-yielding money market account earns at a rate of 0.01%. Given its noncompetitive savings rate, you should consider taking a look at other banks for savings accounts.
How Countryside Bank's Savings Rates Compare
Countryside Bank charges its customers extremely low fees compared to the national average. With no monthly fee, Countryside Bank's checking account is ideal for people who want an easy banking experience. Countryside Bank refunds their out-of-network ATM charges, making withdrawing money a free and convenient process.
Countryside Bank is a brick-and-mortar bank, with six total branches in Illinois. With mobile and web apps, Countryside Bank makes mobile banking convenient, even on the go. Countryside Bank's online and mobile banking platforms get fair marks from users. The Countryside Bank mobile app is rated at 3.8 out of 5 (with 21 ratings on Apple and Android) compared to the national average of 3.8. Countryside Bank's mobile app allows you to control your finances by checking account balances, transferring money and accessing customer service. Countryside Bank gets an exceptional consumer satisfaction score based on relatively few complaints reported to the Consumer Financial Protection Bureau (CFPB), a government agency that protects consumers in the financial sector.
Countryside Bank is a medium-size bank and owns $553 million in assets and $485 million in deposits. Countryside Bank's Texas Ratio is 3.91%, signifying a low likelihood of failure. Additionally, Countryside Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.
Texas Ratio Analysis
The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.Back to Overview
Compare Countryside Bank to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.01% APY||$1|
|Checking Account||0.01% APY||$1|
|Certificates of Deposit|| ||$1000 for all terms|
|Money Market Account||0.01% APY||$1|
Countryside Bank has several deposit products including savings accounts, checking accounts, money market accounts and CDs to give you many options to manage your money. Countryside Bank does not have the best savings rate, which means you should consider looking elsewhere for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Countryside Bank's CD rates are fair as compared against the national average.Back to Overview
Find a Countryside Bank Near Me
Countryside Bank has six locations across the U.S.Back to Overview