First State Bank Shannon-Polo is a bank based in Shannon, Illinois, established in 1930, with $192 million in total assets across 3 branches. By Trust Grade it ranks 245th of 328 banks we track in Illinois. Its capital ratio of 8.4% trails most similarly sized banks (20th percentile), versus a Illinois median of 10.3%. It was profitable over the most recent period, with a 1.31% return on assets. No consumer complaints against First State Bank Shannon-Polo appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First State Bank Shannon-Polo compares to Illinois peers
How we graded First State Bank Shannon-Polo
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.4% capital ratio)
- Strongly profitable (ROA 1.31%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First State Bank Shannon-Polo over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 1 S Linn St, Shannon, IL 61078
- 211 S Division Ave, Polo, IL 61064
- 24494 Payne Rd, Shannon, IL 61078
Are deposits at First State Bank Shannon-Polo insured?
Yes. First State Bank Shannon-Polo is an FDIC-insured bank (FDIC certificate #1781). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First State Bank Shannon-Polo: frequently asked questions
Is First State Bank Shannon-Polo a good bank?
First State Bank Shannon-Polo earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Well-capitalized (8.4% capital ratio); Strongly profitable (ROA 1.31%).
Is First State Bank Shannon-Polo FDIC-insured?
Yes. First State Bank Shannon-Polo is a FDIC-insured bank (FDIC certificate #1781). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First State Bank Shannon-Polo?
First State Bank Shannon-Polo holds $192 million in total assets, ranking 245th of 328 banks we track in Illinois. It operates 3 branches.
Does First State Bank Shannon-Polo have CFPB complaints?
No CFPB complaints against First State Bank Shannon-Polo appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
