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Radar · Banks in Illinois

Best Banks Companies in Illinois, United States

The 175 best Banks companies in Illinois, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: The PrivateBank.

175companies tracked
$659.9Mdisclosed funding
0unicorns
23have raised

Ranked: Best Banks companies in Illinois

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityRecent signals
1The PrivateBank
Provider of cooperative bank
$213M199 mo ago—————
2Midland States Bank
Banking, loans, and wealth management solutions for personal, business, and commercial needs
$102M81 mo ago914
914 → 764 (-16%)
Holschbach Leon
President and Chief Executive Officer
Apple iCloud MailMicrosoft 365Salesforce+27Top 1M—
3Bridgeview Bank
Private sector commercial bank
$47M131 mo ago103Steven Landek
CEO
———
4Inland Bank
Commercial bank
$40M72 mo ago240————
5CNB Bank & Trust
Community bank offering personal, business, and wealth management services
$30M96 mo ago271
271 → 150 (-45%)
Shawn Davis
CEO & President
Microsoft ASP.NETBootstrapCloudflare+16Top 5M—
6Belmont Bank
Community bank offering personal and business banking services with digital solutions
$27M69 mo ago135William Mccarty
President & CEO
Cart FunctionalityPHPBootstrap+14Top 5M—
7McHenry Savings Bank
Commercial bank
$23M100 mo ago65————
8Credit Union 1
Credit Union 1: Banking solutions, loans, financial education, and community support
$20M40 mo ago13Todd G
CEO/President
Cart FunctionalityApple iCloud MailZoho+22Top 500k2 partnerships · 1 expansion
9West Town Bank
Commercial bank
$20M105 mo ago225————
10First State Bank
Commercial bank
$20M104 mo ago63Timothy McConville
CEO & President
DNNMicrosoft ASP.NETBootstrap+22Top 5M—
11Hometown Banks
Commercial bank
$18M99 mo ago239Andrew Honegger
President & Co-CEO
Cart FunctionalityConcrete CMSApple iCloud Mail+16Top 1M—
12Republic Bank
Commercial bank
$15M100 mo ago248William Sperling
CEO & President
WordPressMySQLPHP+39Top 5M—
13Inland Northwest Bank
INB: Personal and business banking, wealth management, and community focus
$12M129 mo ago85—Cart FunctionalityApple iCloud MailMicrosoft ASP.NET+22Top 5M1 job opening
14First Mid
Community-focused financial services: banking, trust, insurance, ag services, and wealth management
$11M184 mo ago1,070
1,070 → 899 (-16%)
Joseph Dively
Chairman and CEO
WordPressApple iCloud MailMySQL+27Top 500k1 award
15The Leaders Bank
Commercial bank
$10M195 mo ago50John Gleason
CEO
———
16Resource Bank
Commercial bank
$10M129 mo ago153Chris Keller
Chairman & CEO
DreamWeaverBootstrapApache HTTP Server+6Top 5M—
17Signature Bank
Commercial bank
$9M96 mo ago—Bryan Duncan
Co-Founder
WordPress Block EditorWordPressMySQL+28Top 5M—
18American Community Bank & Trust
Retail and business community bank
$6M203 mo ago63
63 → 91 (+44%)
Charie Zanck
CEO
PHPCloudflareGoogle Hosted Libraries+13Top 5M1 job opening
19First State Bank
Community bank offering personal, business, and wealth management services
$6M152 mo ago—John Corley
Chairman & CEO
WordPressMySQLPHP+21Top 5M1 job opening
20First Women's Bank
Women bank
$5M67 mo ago—Melissa Widen
Founder
———
21Bank of Belleville
Commercial bank
$4M28 mo ago49Kevin Pesko
President & CEO
WordPressMySQLPHP+18Top 5M—
22Pan American Bank
Business and personal banking solutions with a focus on local service
$2M175 mo ago—Nicholas S Giuliano
Co-CEO
———
23Allied First
Commercial bank
$2M113 mo ago38————
24Kish Bank
Comprehensive financial solutions for personal, business, and community prosperity
$2M26 mo ago212————
25First American Bank
Commercial bank
$2M35 mo ago281—Kentico CMSGoogle MapsElement UI+27Top 1M—
26New City Bank
Commercial bank
$1M185 mo ago—Michael Debre
CEO
———
27First Choice Bank
Co-operative bank
$909K199 mo ago—James Valete
President/CEO
———
28Gateway Community Bank
Commercial bank
$325K188 mo ago21Allen Brewer
CEO & President
———
29Countryside
Commercial bank
$200K193 mo ago—Richard Eck
CEO & President
Adobe Experience ManagerJavaBootstrap+26Top 50M—
30LincolnWay Community Bank
Financial solutions: savings accounts, loans, digital banking, and community focus
$199K184 mo ago22————

Top 12 Banks companies in Illinois

#1
Public · Belleville, Illinois · founded 1935 · 212 employees
$1.6Mraised
▾

Comprehensive financial solutions for personal, business, and community prosperity. Offers a wide array of banking, insurance, and wealth management services. For individuals, these include checking and savings accounts, loans, mortgages, and financial planning. Businesses benefit from commercial banking, insurance, and employee benefits consulting. The firm is deeply rooted in community commitment, supporting charitable and economic development initiatives. Digital tools enhance the banking experience, providing convenient access and secure transactions. The organization provides trust and estate services, investment planning, and retirement income solutions. Insurance options cover auto, home, farm, and commercial needs. Travel services, including vacation planning, are also available.

Funding rounds
  • Apr 2024Conventional Debt$200K
  • Oct 2015Conventional Debt$350K
  • Nov 2011Post IPO$1M
Tech stack
Hsts
#2
Series A · Belleville, Illinois · founded 2005 · 49 employees
$3.9Mraised
▾

Commercial bank

Funding rounds
  • Feb 2024Series A$2.8M
  • Feb 2021Seed$1.1M
Founders & team
Kevin PeskoPresident & CEO
Tech stack
WordpressMysqlPhp
#3
Funding Raised · Champaign, Illinois · founded 1958 · 13 employees
$20.5Mraised
▾

Credit Union 1: Banking solutions, loans, financial education, and community support. It provides a range of financial services including checking and savings accounts, CDs, money market accounts, IRAs, and investment options. They offer digital banking, credit cards, and various loan products such as auto loans, mortgages, home equity loans, and personal loans. The institution supports businesses with checking, savings, credit cards, lending, commercial real estate, cannabis banking, merchant services, and ADP payroll solutions. They emphasize financial education, fraud prevention, and financial wellbeing for members and institutions. The company provides resources like rates, locations, branches, ATMs, and contact information. They offer convenient services such as online account opening, login, mobile banking app, and payment options. They are committed to helping individuals, families, and communities achieve their financial goals through banking, loans, and financial education.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 3.9% of this cohort's audience
Activity: 2 partnerships · 1 expansions (incl. USA Swimming) announced in 12 mo
Funding rounds
  • Jan 2023Conventional Debt$20.5M
Founders & team
Todd GCEO/PresidentTodd GundersonCEO/PresidentPaul SimonsCEO & President
Tech stack
Amazon Web ServicesApache Http ServerAppcuesApple Icloud MailBabelBootstrap
#4
Early Stage · Elk Grove Village, Illinois · founded 1974 · 281 employees
$1.5Mraised
▾

Commercial bank

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers — 7.6% of this cohort's audience
Funding rounds
  • Jun 2023Conventional Debt$2.3M
  • Jan 2015Unattributed$273.8K
Tech stack
Amazon S3Amazon Web ServicesBootstrapCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#5
Public · Effingham, Illinois · founded 1881 · 914 employees
$102.4Mraised
▾

Banking, loans, and wealth management solutions for personal, business, and commercial needs. It offers a comprehensive suite of financial services, including checking and savings accounts, various loan options (personal, auto, home equity, mortgage, small business, commercial), and wealth management services encompassing financial planning, retirement planning, and investment management. The institution caters to individuals, small businesses, and commercial clients, providing tailored solutions such as treasury management, equipment financing, and employee benefits. They also offer digital banking, online login, mobile app, and other resources to support customers' financial goals. The company is committed to community empowerment and corporate responsibility, fostering brighter futures through various initiatives.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 6.2% of this cohort's audience
Funding rounds
  • Sep 2019Conventional Debt$100M
  • Oct 2017Post IPO$40M
  • Jun 2015Conventional Debt$55.3M
  • Nov 2014Series D$16.4M
Founders & team
Holschbach LeonPresident and Chief Executive Officer
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Audience ManagerAdobe Experience Platform Identity ServiceAdobe Experience Platform Launch
#6
Funding Raised · Oak Brook, Illinois · founded 1977 · 240 employees
$40.2Mraised
▾

Commercial bank

Funding rounds
  • 2020Conventional Debt$40M
  • Sep 2010Grant (prize money)$123.7K
  • Aug 2009Grant (prize money)$66.5K
Investors
FirstMerit Corporation, Treasury
Tech stack
WordpressMysqlPhpWp EngineCloudflareHttp/3
#7
Acquired · Chicago, Illinois · founded 1991
$212.8Mraised
▾

Provider of cooperative bank

Funding rounds
  • Nov 2009Post IPO$12.8M
  • Nov 2007Post IPO$200M
Founders & team
Daniel PehrsonCEO
Investors
GTCR, Mesirow, The Edgewater Funds
#8
Seed · Chicago, Illinois · founded 2006 · 135 employees
$27.1Mraised
▾

Community bank offering personal and business banking services with digital solutions. We provide a comprehensive suite of financial products and services tailored to meet the diverse needs of individuals and businesses. For personal banking, we offer a variety of checking and savings accounts, including high-interest options, as well as certificates of deposit and individual retirement accounts. Loan options include home equity lines of credit and personal credit cards. For businesses, we provide corporate and small business checking accounts, business savings options, and treasury management services. Business loan offerings include lines of credit, equipment term loans, and commercial real estate loans. We also offer digital banking solutions, including online banking, mobile banking, and tools like Zelle, Apple Pay, and free credit score monitoring. We focus on providing accessible and convenient banking experiences, supported by resources such as financial calculators, educational materials, and surcharge-free ATMs. We are committed to supporting the financial well-being of our customers and the communities we serve.

Funding rounds
  • Sep 2020Conventional Debt$25M
  • Sep 2010Seed$2.1M
Founders & team
William MccartyPresident & CEO
#9
Series B · Carlinville, Illinois · founded 1854 · 271 employees
$30Mraised
▾

Community bank offering personal, business, and wealth management services. It provides a comprehensive suite of financial solutions, including personal and business checking and savings accounts, loans, and digital banking. The bank also offers wealth management, trust services, and insurance products. It focuses on community growth and success by providing financial services for various needs, including students, individuals, and businesses. Digital banking platform enables customers to manage their finances securely from any device. The bank emphasizes security and customer service, offering resources like security tips, banking definitions, and support. It operates multiple branches across Central Illinois, Chicago, and St. Louis, providing localized service and support.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 1 partnerships · 1 awards · 1 expansions (incl. Heartland Bank and Trust Company) announced in 12 mo
Funding rounds
  • Jun 2018Series B$30M
Founders & team
Shawn DavisCEO & PresidentAndrew TinbergPresident & Chief Executive Officer
Investors
Castle Creek Capital
Tech stack
Apache Http ServerApple Icloud MailCdnjsCloudflareGoogle AnalyticsGoogle Tag Manager
#10
Acquired · Bridgeview, Illinois · founded 1971 · 103 employees
$47Mraised
▾

Operator of a regional banking group. The company offers a complete range of banking, lending, and wealth management services at a competitive rate, providing personal and business clients with a personalized banking experience.

Founders & team
Steven LandekCEO
Investors
Jacobs Asset Management
#11
Public · Cicero, Illinois · founded 1922 · 225 employees
$20Mraised
▾

Commercial bank

Funding rounds
  • Sep 2017Post IPO—
  • Mar 2017Post IPO$500K
  • Feb 2017Post IPO$17.5M
  • Jan 2017Post IPO$2M
Investors
Patriot Financial Partners
Tech stack
WordpressMysqlPhpYoast SeoGoogle AdsTypekit
#12
Acquired · Chicago, Illinois · founded 1955 · 65 employees
$23Mraised
▾

Commercial bank

Funding & investor landscape

$659.9Mtotal disclosed funding
30companies funded
45disclosed rounds
0rounds last 90 days
Most active investors
Castle Creek Capital3 rounds
Treasury3 rounds
Concentric Equity Partners2 rounds
Jacobs Asset Management2 rounds
Patriot Financial Partners2 rounds
1st & Main1 rounds
FirstMerit Corporation1 rounds
GTCR1 rounds
Kemmons Wilson Companies1 rounds
Mesirow1 rounds

Notable founders

Kevin Pesko
President & CEO · Bank of Belleville
Todd G
CEO/President · Credit Union 1
Todd Gunderson
CEO/President · Credit Union 1
Holschbach Leon
President and Chief Executive Officer · Midland States Bank
Daniel Pehrson
CEO · The PrivateBank
William Mccarty
President & CEO · Belmont Bank
Shawn Davis
CEO & President · CNB Bank & Trust
Andrew Tinberg
President & Chief Executive Officer · CNB Bank & Trust
Steven Landek
CEO · Bridgeview Bank
Melissa Widen
Founder · First Women's Bank
Timothy McConville
CEO & President · First State Bank
Andrew Honegger
President & Co-CEO · Hometown Banks
Prism market signals · United States · country-scoped Prism corpus, 12,294,223 docs

Market landscape — 10 sub-themes by coverage

Share of Banks coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Banks companies are there in Illinois, United States?
Radar tracks 175 indexable Banks companies headquartered in Illinois, United States that meet our profile-completeness bar.
What is the total funding raised by Banks companies in Illinois, United States?
The Banks companies in Illinois, United States on this list have raised a combined $659.9M in disclosed equity funding across 30 funded companies.
Which is the highest-funded Banks company in Illinois, United States?
The PrivateBank is the highest-funded Banks company in Illinois, United States, with $212.8M in disclosed equity funding.
How many Banks companies in Illinois, United States are funded?
30 of the 175 Banks companies in Illinois, United States on this list have disclosed at least one equity funding round.
How many Banks unicorns are there in Illinois, United States?
None of the Banks companies in Illinois, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Illinois, United States Banks companies?
The most active investors in Illinois, United States Banks companies on this list include Castle Creek Capital, Treasury, Concentric Equity Partners, Jacobs Asset Management, Patriot Financial Partners.
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