Compare 25 banks companies serving Chicago, Illinois. Average rating: 4.2/5.
Illinois enacted the Predatory Loan Prevention Act in 2021, capping all consumer loans at 36% APR including fees, effectively banning traditional payday lending. The DFPR enforces comprehensive lending regulations. Consumers can file complaints online with DFPR or the Attorney General's office.
FDIC-insured community bank offering personal and business checking, savings, CDs, mortgages, loans, and debit card services with ATM access.
Best for: Small business owners seeking local relationship banking and commercial lending, Customers prioritizing FDIC insurance and traditional brick-and-mortar banking with branch access
Albany Bank and Trust Company National Association (Albank NA) is an FDIC-insured regional bank offering personal and business banking, deposit products, loans, and investment services with locations in the Chicago area.
Best for: Chicago-area residents and businesses seeking a locally-recognized regional bank, Business owners requiring land trust services, cash management, or merchant services
ABOC is a Chicago-based bank with over 100 years of history serving unions, their members, and local businesses through commercial, personal, and corporate trust services.
Best for: Union members and organizations seeking banking tailored to union financial needs, Municipal bond issuers and municipalities requiring specialized corporate trust services
FDIC-insured bank offering personal and business checking, savings, loans, and digital banking services with locations in Chicago and Florida.
Best for: Small business owners seeking local relationship banking with treasury management tools, Personal customers wanting free checking with monthly cash rewards tied to account activity
Independent Chicago-based community bank founded in 1989, offering FDIC-insured deposit products, personal banking, wealth management, and specialized business lending solutions.
Best for: Chicago-area small business owners seeking personalized lending and banking relationships, Local startup founders and innovation economy participants needing specialized banking services
Chicago-based bank offering personal, business, and commercial banking with a focus on community lending. Provides checking, savings, loans, wealth management, and SBA financing.
Best for: Small to mid-sized business owners in the Chicago area seeking SBA lending and personalized commercial banking, Individuals prioritizing local banking relationships combined with digital convenience
FDIC-insured community bank offering personal and business checking, savings, CDs, mortgages, loans, and debit card services with ATM access.
Best for: Small business owners seeking local relationship banking and commercial lending, Customers prioritizing FDIC insurance and traditional brick-and-mortar banking with branch access
Albany Bank and Trust Company National Association (Albank NA) is an FDIC-insured regional bank offering personal and business banking, deposit products, loans, and investment services with locations in the Chicago area.
Best for: Chicago-area residents and businesses seeking a locally-recognized regional bank, Business owners requiring land trust services, cash management, or merchant services
ABOC is a Chicago-based bank with over 100 years of history serving unions, their members, and local businesses through commercial, personal, and corporate trust services.
Best for: Union members and organizations seeking banking tailored to union financial needs, Municipal bond issuers and municipalities requiring specialized corporate trust services
FDIC-insured bank offering personal and business checking, savings, loans, and digital banking services with locations in Chicago and Florida.
Best for: Small business owners seeking local relationship banking with treasury management tools, Personal customers wanting free checking with monthly cash rewards tied to account activity
Independent Chicago-based community bank founded in 1989, offering FDIC-insured deposit products, personal banking, wealth management, and specialized business lending solutions.
Best for: Chicago-area small business owners seeking personalized lending and banking relationships, Local startup founders and innovation economy participants needing specialized banking services
Chicago-based bank offering personal, business, and commercial banking with a focus on community lending. Provides checking, savings, loans, wealth management, and SBA financing.
Best for: Small to mid-sized business owners in the Chicago area seeking SBA lending and personalized commercial banking, Individuals prioritizing local banking relationships combined with digital convenience
Community Savings Bank is an FDIC-insured Chicago-based bank offering checking, savings, CDs, and IRAs with competitive rates and community-focused services.
Best for: Chicago-area residents seeking FDIC-insured banking with community engagement, Seniors 62+ looking for specialized checking accounts with lower balance requirements
Full-service community bank serving the Chicagoland area since 1945, offering personal and business banking, mortgages, and wealth management.
Best for: Chicagoland residents seeking personalized community banking with local decision-makers, Small business owners and startups needing relationship-based financing and local expertise
FDIC-insured community bank offering personal and business banking services with a focus on relationship-based lending and community development.
Best for: Small business owners seeking relationship-based lending and flexible credit lines in the Chicago metropolitan area, Non-profit organizations and community development projects needing mission-aligned financing
FDIC-insured community bank offering checking, savings, CDs, home equity lines of credit, mortgages, and business banking services with 49+ years of local service.
Best for: Small business owners seeking relationship-based banking with fraud prevention and merchant services, Community members prioritizing personalized service and local accessibility over online-only banking
First Savings Bank of Hegewisch is a locally managed, independent community bank serving southeast Chicagoland and northwest Indiana with mortgage loans, CDs, IRAs, and online banking services.
Best for: Homebuyers in southeast Chicagoland and northwest Indiana seeking personalized mortgage service and local decision-making, Customers who prefer community banking relationships and in-person branch access over online-only institutions
Black-owned community bank serving Chicago's South Side since 1934, offering FDIC-insured checking, savings, and business banking with no monthly fees.
Best for: Chicago-area residents and South Side community members seeking community-focused banking, Customers prioritizing no-fee checking and savings without monthly maintenance charges
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Best for: Local banking with personal service, FDIC-insured deposits
Chicago-based savings bank operating since 1887, offering personal and business banking services including savings accounts, mortgages, bill pay, and mobile banking across six locations in the Chicagoland area.
Best for: Chicago and Chicagoland residents seeking community banking with local branch access and personal relationships, Small business owners needing business banking services with dedicated support and local presence
FDIC-insured community bank serving Chicago area and surrounding regions with personal and business accounts, loans, and cash management services.
Best for: Chicago-area small business owners seeking personalized commercial lending and cash management, Consumers in INBK service areas (Uptown, Chinatown, Des Plaines, Stone Park, Wilmette) prioritizing local relationship banking
Lakeside Bank is a full-service bank offering personal and business checking, savings, mortgages, loans, and investment products with 57 years of operational history.
Best for: Chicago-area individuals and families seeking full-service banking with multiple account types and digital convenience features, Real estate professionals and construction business owners needing specialized lending products and industry expertise
Community-owned bank in Chicago since 1898 offering checking, savings, mortgages, and insurance products across five Chicagoland locations with personalized service.
Best for: Chicago-area homebuyers seeking fixed or adjustable-rate mortgages with personalized service, Customers in Logan Square, Foster, Lincolnwood, Norwood, or Park Ridge wanting one-stop banking
Marquette Bank is a locally-owned Chicago-area bank offering checking, savings, home financing, and small business banking across 20 branches with 350+ employees.
Best for: Chicagoland residents seeking relationship-based banking with community alignment, Small business owners in the Chicago area needing local business lending and personalized service
FDIC-insured community bank serving Chicago since 1905, offering personal checking, savings, CDs, commercial loans, and online banking services.
Best for: Chicago-area residents and businesses seeking local community banking with personal service, Commercial real estate investors and multi-unit property owners needing specialized lending
North Side Federal is a federally chartered mutual savings association based in Chicago, offering personal and business banking services including checking, savings, mortgages, and loans since 1935.
Best for: Chicago-area residents and businesses seeking relationship banking from a local, community-focused institution, Customers valuing mutual ownership structures and long-term institutional stability over large national banks
State Bank of India is India's largest public sector bank offering personal internet banking services with OTP-based login security and online account management.
Best for: Indian retail customers seeking a government-backed, stable banking institution, Individuals who prioritize security features and fraud prevention in online banking
Wintrust Bank, N.A. is a full-service national bank offering personal, small business, and commercial banking solutions including checking, savings, mortgages, and lending products.
Best for: Small business owners seeking personalized lending and cash management services, Individuals and families looking for comprehensive personal banking with local relationship management
Beverly Bank & Trust Company is a national bank offering personal, small business, and commercial banking services including checking, savings, mortgages, and wealth management.
Best for: Small business owners and entrepreneurs seeking comprehensive commercial banking with local decision-makers, Customers prioritizing community banking relationships and local branch access over digital-only banking
First Women's Bank is a mission-driven bank offering business and personal banking solutions specifically designed to support women entrepreneurs and close the gender gap in access to capital.
Best for: Women business owners seeking capital and banking solutions from a lender specifically committed to closing the gender lending gap, Female entrepreneurs wanting to align their banking relationship with mission-driven values around gender equity
Great Lakes Credit Union is a member-owned financial cooperative offering comprehensive banking, lending, investment, and insurance services with a community-focused mission.
Best for: Members who qualify for GLCU membership and seek comprehensive banking with a community focus, Consumers seeking free financial counseling and education alongside banking services