US Bank Directory
Banks in Waterloo, IL
5 FDIC-insured banks operate 10 offices in Waterloo, Illinois, and 2 credit unions have 2 offices.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026.
Bank branch map: Waterloo
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 7 banks and credit unions operate 12 locations in Waterloo, according to the FDIC and the NCUA. 12 of them have coordinates on record and are on the map. 2 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
12 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks and credit unions in Waterloo
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: First National Bank of Waterloo has the most locations in Waterloo, with 3. It is followed by Midland States Bank (2), Dieterich Bank (2), State Bank (2). 1 bank has a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
First National Bank of Waterloo Bank · 3
First National Bank of Waterloo has 3 branches in Waterloo, 16 across Illinois and 16 nationwide. FDIC records list its main office in Waterloo, IL and show it operating since 1912. With $929.3 million in total assets on June 30, 2026, it ranks No. 1,121 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Waterloo location is its main office at 228 S Main St, dating to 1912; the newest, at 961 N Market St, to 1998. It does not publish hours in the sources this page uses; check its site before you go.
-
Main Office main office228 S Main St, 62298
-
North Facility744 N Market St, 62298
-
Waterloo Wal-Mart Bkg. Center Branch961 N Market St, 62298
Dieterich Bank Bank · 2
Dieterich Bank has 2 branches in Waterloo, 17 across Illinois and 17 nationwide. FDIC records list its main office in Effingham, IL and show it operating since 1909. With $1.55 billion in total assets on June 30, 2026, it ranks No. 728 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Waterloo location is the Waterloo Branch at 1405 N Illinois Route 3, dating to 1995; the newest, at 101 N Main St, to 2024. It does not publish hours in the sources this page uses; check its site before you go.
-
Waterloo Downtown Branch101 N Main St, 62298
-
Waterloo Branch1405 N Illinois Route 3, 62298
Midland States Bank Bank · 2
Midland States Bank has 2 branches in Waterloo, 48 across Illinois and 60 nationwide. FDIC records list its main office in Effingham, IL and show it operating since 1881. With $6.69 billion in total assets on June 30, 2026, it ranks No. 233 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Waterloo location is the Waterloo Drive-Up Branch at 101 N Main St, dating to 1988; the newest, at 812 N Market St, to 1997. It does not publish hours in the sources this page uses; check its site before you go.
-
Waterloo Drive-Up Branch101 N Main St, 62298
-
Waterloo North Branch812 N Market St, 62298
State Bank Bank · 2
State Bank has 2 branches in Waterloo, 4 across Illinois and 5 nationwide. FDIC records list its main office in Waterloo, IL and show it operating since 1894. With $295.8 million in total assets on June 30, 2026, it ranks No. 2,505 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Waterloo location is its main office at 885 N Illinois Route 3, dating to 1894; the newest, at 501 N Market St, to 1991. It does not publish hours in the sources this page uses; check its site before you go.
-
Main Office main office885 N Illinois Route 3, 62298
-
Waterloo Branch501 N Market St, 62298
Bank of Belleville Bank · 1
Bank of Belleville has 1 branch in Waterloo, 4 across Illinois and 4 nationwide. FDIC records list its main office in Belleville, IL and show it operating since 2005. With $562.9 million in total assets on June 30, 2026, it ranks No. 1,645 of 4,232 U.S. banks by total assets. The Bank Of Monroe County Branch at 813 N Market St dates to 2021 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
-
Bank Of Monroe County Branch813 N Market St, 62298
First Community Credit Union Credit union · 1
First Community Credit Union has 1 office in Waterloo, 7 across Illinois. It is based in Chesterfield, MO and $4.99 billion in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.
Who can join: see the credit union's site.
-
Waterloo971 N Illinois Route 3, 62298
All hours
Mon to Thu 8:30 am to 4 pm; Fri 8:30 am to 6 pm; Sat 8:30 am to 12:30 pm; Sun not published
Hours: NCUA, March 31, 2026
Scott Credit Union Credit union · 1
Scott Credit Union has 1 office in Waterloo, 19 across Illinois. It is based in Edwardsville, IL and $1.84 billion in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.
Who can join: see the credit union's site.
-
Waterloo Branch1019 N Illinois Route 3, 62298
All hours
Mon to Tue 9 am to 6 pm; Wed 10 am to 6 pm; Thu to Fri 9 am to 6 pm; Sat 9 am to 1 pm; Sun not published
Hours: NCUA, March 31, 2026
Join a credit union in Waterloo
2 credit unions have 2 offices here: First Community Credit Union and Scott Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Waterloo page has every office in the state's directory.
Banking in Waterloo: the local picture
Short answer: 5 banks run 10 branches in Waterloo according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 5 banks, 2 have their main office in Waterloo, 3 elsewhere in Illinois, according to the FDIC.
The bank with the longest record here is Midland States Bank, operating since 1881 according to the FDIC. In FDIC branch records, the longest-running branch is State Bank's office at 885 N Illinois Route 3, dating to 1894; the newest is Dieterich Bank's at 101 N Main St, from 2024.
2 credit unions have 2 offices in Waterloo, according to the NCUA. Who can join each one is on the credit unions page.
Of the 2 locations with published hours. 2 open on Saturday. 10 locations have no published hours in these sources.
Credit unions open on Saturday in Waterloo
Short answer: 2 of the 2 Waterloo locations with published hours open on Saturday, run by 2 institutions.
- First Community Credit Union: 1 of 1 office (971 N Illinois Route 3: Saturday 8:30 am to 12:30 pm)
- Scott Credit Union: 1 of 1 office (1019 N Illinois Route 3: Saturday 9 am to 1 pm)
Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 10 of the 12 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Waterloo, and where the nearest one is if they do not.
Short answer: No branches in Waterloo: Chase (nearest in Belleville, 17 mi), Wells Fargo (nearest in Canton, 153 mi), Bank of America (nearest in Belleville, 17 mi), PNC Bank (nearest in Fairview Heights, 18 mi), U.S. Bank (nearest in Belleville, 15 mi), Truist, Fifth Third Bank (nearest in Mount Vernon, 67 mi), Huntington (nearest in Shorewood, 243 mi), Regions Bank (nearest in Columbia, 8 mi), TD Bank, BMO (nearest in Belleville, 16 mi).
| Bank | In Waterloo | Nearest branch if none here |
|---|---|---|
| Chase | None | Belleville, 17 miles away |
| Wells Fargo | None | Canton, 153 miles away |
| Bank of America | None | Belleville, 17 miles away |
| PNC Bank | None | Fairview Heights, 18 miles away |
| U.S. Bank | None | Belleville, 15 miles away |
| Truist | None | none in Illinois |
| Fifth Third Bank | None | Mount Vernon, 67 miles away |
| Huntington | None | Shorewood, 243 miles away |
| Regions Bank | None | Columbia, 8 miles away |
| TD Bank | None | none in Illinois |
| BMO | None | Belleville, 16 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Waterloo to the nearest branch in Illinois.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Waterloo residents like anyone else.
Banks near Waterloo
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Columbia (8 miles) and Millstadt (9 miles). Belleville, 15 miles away, has the most banks nearby: 11.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Columbia, IL | 8 mi | 9 | 9 |
| Banks in Millstadt, IL | 9 mi | 2 | 2 |
| Banks in Smithton, IL | 10 mi | 3 | 3 |
| Banks in Red Bud, IL | 13 mi | 3 | 5 |
| Banks in Freeburg, IL | 14 mi | 2 | 2 |
| Banks in Belleville, IL | 15 mi | 11 | 14 |
| Banks in New Athens, IL | 15 mi | 2 | 2 |
| Banks in Swansea, IL | 16 mi | 6 | 6 |
Bank branch openings and closings in Waterloo
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Waterloo between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Waterloo
Short answer: 2 institutions have their main office in Waterloo: First National Bank of Waterloo and State Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| First National Bank of Waterloo | Bank | $929.3 million | 3 |
| State Bank | Bank | $295.8 million | 2 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Waterloo by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Waterloo offices.
Short answer: Midland States Bank is the largest bank with offices in Waterloo, with $6.69 billion in total assets on June 30, 2026, No. 233 among U.S. banks by total assets. Dieterich Bank is second with $1.55 billion. 2 of the 5 banks are headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Midland States Bank | $6.69 billion | No. 233 | 2 | Effingham, IL |
| Dieterich Bank | $1.55 billion | No. 728 | 2 | Effingham, IL |
| First National Bank of Waterloo | $929.3 million | No. 1,121 | 3 | Waterloo, IL |
| Bank of Belleville | $562.9 million | No. 1,645 | 1 | Belleville, IL |
| State Bank | $295.8 million | No. 2,505 | 2 | Waterloo, IL |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Waterloo: FAQ
How many banks are in Waterloo, IL?
Waterloo has 5 banks with 10 branches and 2 credit unions with 2 offices, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Waterloo?
First National Bank of Waterloo, with 3. Midland States Bank has 2 and Dieterich Bank has 2.
Is there a Midland States Bank in Waterloo, IL?
Yes. FDIC data lists 2 Midland States Bank branches in Waterloo as of September 5, 2026. Its branches are listed under Midland States Bank above, with the address and directions for each.
Is there a Dieterich Bank in Waterloo, IL?
Yes. FDIC data lists 2 Dieterich Bank branches in Waterloo as of September 5, 2026. Its branches are listed under Dieterich Bank above, with the address and directions for each.
Is there a Chase in Waterloo, IL?
No. FDIC data lists no Chase branch in Waterloo as of September 5, 2026. The nearest is in Belleville, about 17 miles away in a straight line.
Which banks in Waterloo are open on Saturday?
First Community Credit Union and Scott Credit Union publish Saturday hours for one or more Waterloo locations. The Saturday section above lists each one with its hours. 10 of the 12 locations here do not publish hours in the sources this page uses; call ahead.
Which banks are headquartered in Waterloo?
First National Bank of Waterloo and State Bank have their main office in Waterloo, according to the FDIC.
What is the oldest bank in Waterloo?
Midland States Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1881.
Which credit unions can I join in Waterloo?
First Community Credit Union and Scott Credit Union have offices in Waterloo. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Waterloo in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Waterloo?
Nearby cities with more banks include Columbia, Millstadt, Smithton. Columbia is 8 miles away with 9 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Map coordinates of 2 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
See your odds before you apply
Banrox shows how likely a card or loan is for your profile, from your own data, without a hard pull. Platform live; card in early access; no card issued.
Check your odds