Better Banks

Bank · Peoria, United States · overall 5.0 / 10

How this 5.0 is built

Average of 6 scored needs: 5.0. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

Better Banks is recorded in the global register as a bank in Peoria, United States. The register shows its licence as licensed. Total assets 0.45 bn USD at 2026-06-30. It reports 9 offices. Established 1898. Collected from open registers.

On its own website: “Better Banks is an employee-owned community bank serving Central Illinois from Peoria to Chillicothe, Glasford and more.”

Legal name: Better Banks
Licence confirmed: yes, on a regulator's own list
Established: 1898
LEI: 254900UAJ26M2YIF0822
Website: betterbanks.com

Scores, 0 to 10

6.0United States

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

6.0Lowest fees

The bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “Minimum opening balance of $100 No minimum balance required First 1,000 transactions free per month; $0” · source

5.5Cross-border payments, FX and multi-currency accounts

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Best interest on business balances

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Trade, manufacturing & import-export

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.5Fast digital onboarding

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.0Financial strength & stability

Financial strength placed by total assets from the public register. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.