Crossroads Bank Effingham IL: A Comprehensive Guide
Introduction
Crossroads Bank is a trusted financial institution that has been serving the Effingham, Illinois community since 1882. With a commitment to providing exceptional customer service and innovative financial solutions, Crossroads Bank has become a cornerstone of the local economy. This guide will provide a comprehensive overview of Crossroads Bank Effingham IL, including its history, services, and community involvement.
History and Background
Crossroads Bank traces its roots back to 1882 when it was founded as the Effingham County National Bank. Over the years, the bank has undergone several mergers and acquisitions, including the acquisition of the First National Bank of Dieterich in 2009. Today, Crossroads Bank operates 15 branch locations throughout Effingham County and the surrounding area.
Financial Services
Crossroads Bank offers a wide range of financial services to meet the needs of individuals, families, and businesses. These services include:
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Personal Banking: Checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), and IRAs
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Business Banking: Business checking accounts, business savings accounts, business loans, and lines of credit
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Mortgage Lending: Home mortgages, refinancing, and construction loans
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Agribusiness Lending: Loans and services tailored to the needs of farmers and agribusinesses
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Investment Services: Investment management, financial planning, and retirement planning
Community Involvement
Crossroads Bank is deeply committed to giving back to the Effingham community. The bank supports a variety of local organizations and events, including the Effingham County Community Foundation, the Effingham Chamber of Commerce, and the United Way of Effingham County. Additionally, Crossroads Bank employees regularly volunteer their time at local schools, churches, and other non-profit organizations.
Customer Service
Customer satisfaction is the cornerstone of Crossroads Bank's operations. The bank's friendly and knowledgeable staff is dedicated to providing personalized service to each and every customer. Crossroads Bank offers a variety of convenient services to make banking easy and accessible, including:
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Online Banking: Access your accounts 24/7 from anywhere with an internet connection
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Mobile Banking: Manage your accounts, pay bills, and deposit checks using your smartphone
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Telephone Banking: Call our dedicated customer service line for assistance
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Drive-Up Banking: Bank conveniently from your car at any of our branch locations
Security and Stability
Crossroads Bank is committed to protecting its customers' financial information and privacy. The bank utilizes state-of-the-art security measures to ensure that your accounts are safe and secure. Crossroads Bank is also a member of the Federal Deposit Insurance Corporation (FDIC), which means that your deposits are insured up to $250,000 per depositor.
Comparison with Other Banks
Crossroads Bank compares favorably to other banks in the Effingham area. The bank's competitive interest rates, low fees, and exceptional customer service make it a top choice for both personal and business banking.
Conclusion
Crossroads Bank Effingham IL is a trusted and reliable financial institution that has served the community for over 130 years. With its commitment to providing innovative financial solutions, exceptional customer service, and community involvement, Crossroads Bank is the bank of choice for individuals, families, and businesses throughout Effingham County and the surrounding area.
Additional Resources
Tables
Table 1: Crossroads Bank Branch Locations
| Branch Location |
Address |
Phone Number |
| Effingham Main Office |
1101 West Fayette Avenue, Effingham, IL 62401 |
(217) 342-3931 |
| Altamont |
410 South Main Street, Altamont, IL 62411 |
(618) 483-5661 |
| Dieterich |
401 Main Street, Dieterich, IL 62424 |
(217) 925-5451 |
| Effingham South |
2001 South Banker Street, Effingham, IL 62401 |
(217) 342-4181 |
| Farina |
201 South Main Street, Farina, IL 62838 |
(618) 245-2831 |
| Mason |
101 North Jefferson Street, Mason, IL 62443 |
(217) 548-2301 |
| Montrose |
202 West Main Street, Montrose, IL 62445 |
(217) 927-3711 |
| Newton |
1101 South Washington Street, Newton, IL 62448 |
(618) 783-8161 |
| Shumway |
301 South Stephenson Street, Shumway, IL 62461 |
(217) 773-2401 |
| Shumway Racoon Lake |
1455 East Racoon Lake Road, Shumway, IL 62461 |
(217) 927-7142 |
| Teutopolis |
301 North Main Street, Teutopolis, IL 62467 |
(217) 857-3555 |
| Watson |
203 South Main Street, Watson, IL 62473 |
(217) 398-5391 |
| Wheeler |
101 South Main Street, Wheeler, IL 62472 |
(217) 436-2231 |
| Windsor |
110 South Main Street, Windsor, IL 62477 |
(217) 490-2821 |
| Woodbury |
301 South Main Street, Woodbury, IL 62473 |
(217) 660-4261 |
Table 2: Crossroads Bank Interest Rates
| Account Type |
Interest Rate |
| Personal Checking |
0.05% APY |
| Business Checking |
0.10% APY |
| Savings Account |
0.20% APY |
| Money Market Account |
0.40% APY |
| 12-Month Certificate of Deposit (CD) |
1.50% APY |
| 24-Month Certificate of Deposit (CD) |
2.00% APY |
| 36-Month Certificate of Deposit (CD) |
2.50% APY |
| Home Mortgage (30-year fixed rate) |
5.00% APR |
| Business Loan (5-year variable rate) |
5.50% APR |
Note: Interest rates are subject to change. Please contact Crossroads Bank for the most current rates.
Table 3: Crossroads Bank Fees
| Service |
Fee |
| Monthly maintenance fee (Personal Checking) |
$5 |
| Monthly maintenance fee (Business Checking) |
$10 |
| ATM withdrawal fee (non-Crossroads Bank ATM) |
$3 |
| Wire transfer fee (incoming) |
$15 |
| Wire transfer fee (outgoing) |
$25 |
| Stop payment fee |
$30 |
| Check copy fee |
$2 |
| Overdraft fee |
$35 |
| Returned item fee |
$25 |
