Better Banks Address
10225 N Knoxville
Peoria, IL 61615
Better Banks Phone Number
309-243-1020
Better Banks Web Address
http://www.betterbanks.com/

Better Banks of Illinois - Routing Number

Old Routing Number: 71112668
71120207
The routing number for Better Banks in Illinois is used on Better Banks checks and for direct deposits and wire transfers.
Bank Name: Better Banks
Chartered By: STATE
FDIC Certificate: #1808
Return On Assets: 0.74%
Return On Equity: 8.64%
Established: 1898-01-01
Data Updated: 2011-06-24
FDIC Insured: Yes, since 1934-01-01
Insured Savings Institution: No
Insured Commercial Bank: Yes

Better Banks is a commercial bank located in Illinois, and has 6 branches and offices. Better Banks is classified as a commercial bank with a state charter supervised by the FDIC, but not a member of the Federal Reserve.

Better Banks holds a total of $213,144 in assets, of which $186,830 are deposits in the savings and checking accounts offered by the bank. Better Banks is owned by Backlund Investment Co., a bank holding company headquartered in Peoria.


How to use the Better Banks Routing Number

Routing number on sample check

Better Banks' routing number is the eight or nine-digit number found on the bottom left hand side of Better Banks checks, next to your checking account number and check number.

In the sample check on the left, the routing number is circled in red. Your checks may have a slightly different layout.

Your routing number is used like a bank's address, to ensure that financial transactions (like checks and direct deposits) get sent to the correct banking institution. You will need to know the Better Banks Routing Number when setting up direct deposit with your employer, receiving direct-deposit benefits or tax refunds from the U.S. Government, or requesting a direct bank wire payment to your bank account.

Unlike your Better Banks Bank Account Number, the Better Banks Routing Number is the same for all Better Banks accounts. If you have both your checking and savings accounts with Better Banks, for example, they will both use the same routing number, 71112668.