Carrollton Bank is an FDIC-insured regional bank offering personal and business banking services across 12 locations in Illinois and Missouri, with free checking, online banking, and lending products.
Data compiled from public sources · Rating from CreditDoc methodology
S. Government. The bank has established a physical presence across Illinois and Missouri with branches in Alton, Arnold, Carrollton, Clayton, Des Peres, Edwardsville, Jerseyville, O'Fallon, St.
Charles, St. Louis Hills, and Springfield, plus a headquarters location. This footprint suggests a mid-sized regional bank focused on serving both individuals and small-to-medium businesses in the Midwest.
Carrollton Bank offers a comprehensive suite of personal banking services including free checking accounts, free ATM access, online and mobile banking platforms, credit cards, home loans, home equity loans, money market accounts, and savings products (HSAs and CDs). On the business side, they provide small business and commercial banking with dedicated business bankers, business online and mobile banking, business credit cards, business money market accounts, and loan payment capabilities. The bank also emphasizes fraud prevention measures and offers financial education resources to customers.
What distinguishes Carrollton Bank is its positioning as a traditional, FDIC-insured community bank with physical branch locations and named staff members (such as Commercial Banking officer Dan Abegg), suggesting a relationship-focused approach rather than a purely digital-first model. They actively market free checking and ATM access, indicating competitive emphasis on accessible banking. The bank maintains both personal and business banking divisions with specialized services, demonstrating breadth across customer segments.
As a regional bank, Carrollton Bank is best suited for customers in their service areas seeking traditional banking relationships with physical branch access. Customers should verify current rates, fees, and product availability through direct contact or branch visits.
Carrollton Bank processed 1,911 mortgage applications in 2023, approving 93.8% of applicants across 19 states.
1,911
Applications
93.8%
Approval Rate
$216K
Avg Loan
19
States Served
Based on 1,911 applications. Income in thousands (reported by applicant).
Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.
Yes. Carrollton Bank is a registered company, headquartered in Carrollton, IL, founded in 1877.
Account opening typically takes 1-3 business days. Loan decisions vary by product.
CreditDoc Diagnosis
Carrollton Bank is best for Midwest customers in their service areas seeking traditional FDIC-insured banking with physical branches and personal service. The main caveat is that detailed product information, rates, and fees are not available on their website, requiring direct contact with the bank for specific terms and competitive comparison.
1NB Bank is a regional community bank operating multiple branches in Illinois, offering checking, savings, loans, and debit card services with emphasis on local presence and security.
Best for: Customers in central Illinois seeking traditional banking with local branch relationships, Small business owners needing commercial banking services with direct bank relationships
Community bank chartered in 1920 offering FDIC-insured deposit accounts, loans, and mortgage services with local decision-making and personalized service.
Best for: Farmers and agricultural businesses needing specialized farm financing, credit lines, and equipment loans, Small business owners in the bank's service communities seeking local decision-making on commercial loans
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
Answer 3 quick questions to see if this provider matches your needs.
1. What's your primary financial goal?
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