Liberty Bank: 110 Years and Never a Penny Lost
There has been much in the media regarding the soundness of banks and financial institutions. Special attention has been given to unsound lending practices by certain banks and mortgage lenders.
You should be assured that Liberty Bank for Savings remains SAFE, SOLID AND SECURE. Crain's Chicago Business 2008 Book of Lists attests to Liberty Bank's strong capital position. Our capital as of February 29, 2008 was over $150 million, with a capitalization ratio of 20%, well exceeding the minimum requirement of 5% established by the FDIC.
Safety and Soundness are simply how Liberty Bank does business. We maintain safe and responsible lending practices in keeping with the mission we established 110 years ago - to help our communities grow and to enable our neighbors realize the dream of home ownership.
There are 3rd party sources available to you to validate our financial strength. They include Bankrate.com's Safe & Sound rating service and Bauer Financial.
It is important to trust your financial future to a bank that is committed to keeping your funds safe. We welcome you to visit any of our five offices to discuss your own personal situation, including FDIC insurance coverage. If you wish to learn more about FDIC insurance on you own, the FDIC offers a short informational video and a free online estimator of the extent to which your deposits are insured.
You don't have to travel far to find a bank that has put customers' security first for the past 110 years...LIBERTY BANK.