Better Banks
Headquartered in Peoria, IL. Part of Backlund Investment Co. Employee Stock Ownership Plan and Trust. FDIC certificate #1808 · Federal Reserve RSSD 851631.
Total assets
$446M
Deposits
$407M
Q2 2026
Active branches
9
Closings since Jan 2020
1
0 openings since Jan 2020
Financial snapshot — Q2 2026
All quarters →Net income (quarter)
$1M
Return on assets
1.14%
Return on equity
14.13%
Noncurrent loan rate
1.55%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
02023
02024
02025
02026
Values in $ billions, June 30 of each year.
Closings by year
12025
Other network changes since 2020
- 2 branches acquired through purchases or mergers
Branches by state
Recent closings
- 10045 WEST LANCELOT DRIVE · closed September 30, 2025
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.betterbanks.com.