1st Equity Bank is a bank based in Skokie, Illinois, established in 1997, with $126 million in total assets across 1 branch. By Trust Grade it ranks 82nd of 328 banks we track in Illinois. Its capital ratio of 16.9% is stronger than 94% of similarly sized banks, versus a Illinois median of 10.3%. It was profitable over the most recent period, with a 1.63% return on assets. No consumer complaints against 1st Equity Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How 1st Equity Bank compares to Illinois peers
How we graded 1st Equity Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (16.9% capital ratio)
- Strongly profitable (ROA 1.63%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for 1st Equity Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 3956 Dempster St, Skokie, IL 60076
Are deposits at 1st Equity Bank insured?
Yes. 1st Equity Bank is an FDIC-insured bank (FDIC certificate #34393). 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.
1st Equity Bank: frequently asked questions
Is 1st Equity Bank a good bank?
1st Equity Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (16.9% capital ratio); Strongly profitable (ROA 1.63%).
Is 1st Equity Bank FDIC-insured?
Yes. 1st Equity Bank is a FDIC-insured bank (FDIC certificate #34393). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is 1st Equity Bank?
1st Equity Bank holds $126 million in total assets, ranking 82nd of 328 banks we track in Illinois. It operates 1 branch.
Does 1st Equity Bank have CFPB complaints?
No CFPB complaints against 1st Equity Bank 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.
