MidCountry Bank, SANBORN BRANCH
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| Name: | MidCountry Bank |
| Concentration: | Commercial Lending Specialization |
| Established: | 01/01/1933 |
| FDIC Insurance: | 08/09/1989 |
| Holden By: | MIDCOUNTRY ACQUISITION CORP |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| # of Branches: | 16, view all, view on map |
| Website: | www.midcountrybank.com |
| Total Assets: | $1,093,070,000 |
| Total Deposits: | $922,196,000 |
| Total Equity Capital: | $127,579,000 |
| Total Domestic Office Deposits: | $922,196,000 |
| Net Income: | $2,133,000 |
| Quarterly Net Income: | $2,133,000 |
| Return on Assets: | 1% |
| Quarterly Return on Assets: | 1% |
| Return on Equity: | 7% |
| Quarterly Return on Equity: | 7% |
| More... | |
Client Review
1 client review of MidCountry Bank scored 1 out of 5.
Bank with NO Soul
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by GladtobeGone, Mar. 18, 2011
I closed my account with the Harrisburg branch on 1-18-2011. In February, they began adding fees and penalties to a CLOSED ACCOUNT. Then they began sending threatening letters, demanding payment for penalties on a closed account (closed in good status). They did all of this knowing that the branch had been sold to another bank, knowing that I had closed my account, and despite the pleads of the new bank to remove the fees they had added to a closed account. DO NOT open an account with this bank! They lost their soul when they stopped operating as COM Bank.
* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
* this review was made on MidCountry Bank, Midcountry Bank at Marion, IL
5 of 8 people found this review helpful. Was this review helpful to you? Yes, No Report Abuse
Overall Rating Interest Rate and Cost Office Environment & Staff Waiting Time Other Servicesby GladtobeGone, Mar. 18, 2011
I closed my account with the Harrisburg branch on 1-18-2011. In February, they began adding fees and penalties to a CLOSED ACCOUNT. Then they began sending threatening letters, demanding payment for penalties on a closed account (closed in good status). They did all of this knowing that the branch had been sold to another bank, knowing that I had closed my account, and despite the pleads of the new bank to remove the fees they had added to a closed account. DO NOT open an account with this bank! They lost their soul when they stopped operating as COM Bank.
* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
* this review was made on MidCountry Bank, Midcountry Bank at Marion, IL
5 of 8 people found this review helpful. Was this review helpful to you? Yes, No Report Abuse
1 comment. Add a comment
by rentalinvestor 2013-11-20 17:49:39
They started underwriting on a single family home i was selling in August 2013. It is now mid-November and they just told me today that the closing would be pushed back to December 5th even though they claim the only condition outstanding is a second appraisal that was already performed but the final number has not been reported yet. Every condition requires a delay of nearly two weeks. Terrible communication, completely incompetent underwriting department. Normal bank underwriters clear a dozen conditions in a few days. These guys just don't seem to care about the customer at all.
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