Started in 1920, Glenview State Bank has $1 billion in assets along with deposits totaling $1 billion, which makes it a medium-size bank. Glenview State Bank, whose headquarters are in Glenview, Illinois, has above-average access to customer service with a live chat feature, great for getting help during the work week. It is a conventional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile offerings. On the whole, Glenview State Bank is an acceptable bank choice, but may leave you wanting more, with a score of 3.7 out of 5 stars from the SmartAsset experts. Glenview State Bank has the full selection of banking products, including savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. Glenview State Bank has a fair savings rate; you can find higher rates with other banks. The bank's standard checking product has a $10.00 monthly fee, which ranks on the higher end of monthly fees. Locating a bank with free checking and a high savings APY is your best bet for returning the highest income on your deposits while having easy access to your funds.
The overall rating is a weighted average of rates, fees, service quality and financial health.Read more
Glenview State Bank has a savings rate of 0.15%, which is poor compared to the average U.S. bank. Glenview State Bank's one-year CD earns at a rate of 1.51% and the five-year CD earns at a rate of 0.70%, while its highest-yielding money market account has an APY of 0.30%. Given its poor savings rate, you should think about opting for higher earning savings accounts with other banks.
How Glenview State Bank's Savings Rates Compare
Glenview State Bank typically has high fees in comparison to other U.S. banks. At $10.00/month, Glenview State Bank is not the best product for those who want a basic banking experience. Glenview State Bank does not reimburse out-of-network ATM fees, which means you will be required to search for a Glenview State Bank ATM or pay the ATM charge.
Glenview State Bank is a brick-and-mortar bank, with seven total bank locations in Illinois. With mobile and web apps, Glenview State Bank makes account access convenient, even on the go. It does not provide access to all-day customer service with representatives. You can get help during its hours, which are Monday through Friday, 7:00 a.m. to 7:00 p.m. CT; Saturday, and 7:00 a.m. to 1:00 p.m. CT. Glenview State Bank also offers a live chat feature, an alternative customer service tool if you can't call in during business hours. Glenview State Bank's online and mobile banking platforms receive fairly decent scores from users. The Glenview State Bank mobile app scored a 4.0 out of 5 (with 39 customer reviews on iOS and Android) compared to the national average of 3.8. You can use Glenview State Bank's app to control your funds by reviewing account balances, sending and receiving money as well as reaching support representatives. Glenview State Bank receives a superb consumer satisfaction rating due to relatively few complaints filed with the Consumer Financial Protection Bureau (CFPB), a government-sponsored consumer protection agency.
Glenview State Bank ranks as a medium-size bank with assets totaling $1 billion and $1 billion in deposits. Its Texas Ratio is 0.07%, denoting a negligible probability of failure. Additionally, Glenview State 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 Glenview State Bank to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.15% APY||$1|
|Checking Account||0.03% APY||$1|
|Certificates of Deposit|| ||$1000 for all terms|
|Money Market Accounts||0.25% APY 0.3% APY||$10000 $15000|
Glenview State Bank offers several deposit products including savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. Glenview State Bank does not have the best savings rate, which means you should consider other options 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. Glenview State Bank's CD rates are fair compared to the average U.S. bank.Back to Overview
Find a Glenview State Bank Near Me
Glenview State Bank has seven branches in the U.S.Back to Overview