Banks in Waterman, IL

Bank branch map: Waterman

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: 2 banks and credit unions operate 2 locations in Waterman, according to the FDIC. 2 of them have coordinates on record and are on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.

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 in Waterman

Sorted by number of local branches. Each branch shows where its hours and phone number come from.

Short answer: First State Bank and Waterman Bank have the most locations in Waterman, with 1 each. 2 banks have 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 State Bank 1 branch · main office Mendota, IL Bank · 1

First State Bank has 1 branch in Waterman, 20 across Illinois and 20 nationwide. FDIC records list its main office in Mendota, IL and show it operating since 1940. With $1.56 billion in total assets on June 30, 2026, it ranks No. 722 of 4,232 U.S. banks by total assets. The Waterman Branch at 10001 U S 30 dates to 2007 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Waterman Branch

  10001 U S 30, 60556

  Hours: see the bank's site
  DirectionsWebsite

First State Bank: profile, branches and contacts

Waterman Bank 1 branch · main office Waterman, IL Bank · 1

Waterman Bank has 1 branch in Waterman, 3 across Illinois and 3 nationwide. FDIC records list its main office in Waterman, IL and show it operating since 1908. With $173.6 million in total assets on June 30, 2026, it ranks No. 3,171 of 4,232 U.S. banks by total assets. Its main office at 248 W Lincoln Hwy dates to 1908 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Main Office main office

  248 W Lincoln Hwy, 60556

  Hours: see the bank's site
  DirectionsWebsite

Waterman Bank: profile, branches and contacts

Banking in Waterman: the local picture

Short answer: 2 banks run 2 branches in Waterman 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 2 banks, 1 has its main office in Waterman, 1 elsewhere in Illinois, according to the FDIC.

The bank with the longest record here is Waterman Bank, operating since 1908 according to the FDIC. In FDIC branch records, the longest-running branch is Waterman Bank's office at 248 W Lincoln Hwy, dating to 1908; the newest is First State Bank's at 10001 U S 30, from 2007.

None of the 2 locations here publishes hours in the sources this page uses. Each branch links to the bank's own site.

Chase, Bank of America and other national banks

Which big national banks have branches in Waterman, and where the nearest one is if they do not.

Short answer: No branches in Waterman: Chase (nearest in Sugar Grove, 17 mi), Wells Fargo (nearest in Naperville, 32 mi), Bank of America (nearest in Aurora, 20 mi), PNC Bank (nearest in De Kalb, 11 mi), U.S. Bank (nearest in Saint Charles, 24 mi), Truist, Fifth Third Bank (nearest in Dekalb, 13 mi), Huntington (nearest in Aurora, 20 mi), Regions Bank (nearest in Peoria, 84 mi), TD Bank, BMO (nearest in Plano, 13 mi).

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Waterman 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%.

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 Waterman residents like anyone else.

Banks near Waterman

Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.

Short answer: The closest towns with more choice are Shabbona (5 miles) and Somonauk (10 miles). Sycamore, 15 miles away, has the most banks nearby: 6.

Bank branch openings and closings in Waterman

FDIC branch records, between September 5, 2025 and September 5, 2026.

Short answer: FDIC branch records show no bank branch openings in Waterman 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 Waterman

Short answer: 1 institution has its main office in Waterman: Waterman Bank.

Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.

Largest banks in Waterman by total assets

Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Waterman offices.

Short answer: First State Bank is the largest bank with offices in Waterman, with $1.56 billion in total assets on June 30, 2026, No. 722 among U.S. banks by total assets. Waterman Bank is second with $173.6 million. 1 of the 2 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

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 Waterman: FAQ

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.