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Blackhawk Bank & Trust Rates & Review August 2026

Blackhawk Bank & Trust's money market rates are at 0.15%. MonitorBankRates evaluates the financial stability of Blackhawk Bank & Trust with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 12.98%. Rates last updated and verified on 08/28/2026.

Blackhawk Bank & Trust money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Blackhawk Bank & Trust? Share your experience about Blackhawk Bank & Trust by leaving a review below, or read customer reviews before you decide to use Blackhawk Bank & Trust.

Overall Health & Safety Grade ?
A
Excellent Health Score: 94/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
12.98%
Excellent Higher than avg
Blackhawk Bank & Trust
301 4th St W
Milan, IL 61264
https://www.choosethechief.com
Member FDIC

Blackhawk Bank & Trust Money Market Rates

Product Rate APY View More
Relationship Money Market Deposit Account - Qualifications met 2.81% 2.85%
Min Deposit $50,000
Min Balance $300,000
Details Daily balance of $300,000 or more
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Money Market Deposit Account 2.23% 2.25%
Min Deposit $2,500
Min Balance $500,000
Details Daily balance of $500,000 or greater
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account - Qualifications met 2.23% 2.25%
Min Deposit $50,000
Min Balance $150,000
Details Daily balance of $150,000 to $299,999.99
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account - Qualifications met 1.74% 1.75%
Min Deposit $50,000
Min Balance $50,000
Details Daily balance of $50,000 to $149,999.99
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Money Market Deposit Account 1.49% 1.50%
Min Deposit $2,500
Min Balance $100,000
Details Daily balance of $100,000 to $499,999.99
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account 1.39% 1.40%
Min Deposit $50,000
Min Balance $300,000
Details Daily balance of $300,000 or more
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account - Qualifications not met 1.39% 1.40%
Min Deposit $50,000
Min Balance $300,000
Details Daily balance of $300,000 or more
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account 1.14% 1.15%
Min Deposit $50,000
Min Balance $150,000
Details Daily balance of $150,000 to $299,999.99
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account - Qualifications not met 1.14% 1.15%
Min Deposit $50,000
Min Balance $150,000
Details Daily balance of $150,000 to $299,999.99
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Money Market Deposit Account 1.00% 1.00%
Min Deposit $2,500
Min Balance $50,000
Details Daily balance of $50,000 to $99,999.99
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account - Qualifications met 0.75% 0.75%
Min Deposit $50,000
Details Daily balance of less than $50,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account 0.65% 0.65%
Min Deposit $50,000
Min Balance $50,000
Details Daily balance of $50,000 to $149,999.99
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account - Qualifications not met 0.65% 0.65%
Min Deposit $50,000
Min Balance $50,000
Details Daily balance of $50,000 to $149,999.99
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Money Market Deposit Account 0.40% 0.40%
Min Deposit $2,500
Min Balance $25,000
Details Daily balance of $25,000 to $49,999.99
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account 0.30% 0.30%
Min Deposit $50,000
Details Daily balance of less than $50,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Money Market Deposit Account - Qualifications not met 0.30% 0.30%
Min Deposit $50,000
Details Daily balance of less than $50,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Money Market Deposit Account 0.15% 0.15%
Min Deposit $2,500
Details Daily balance of $0.01 to $24,999.99
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%

Blackhawk Bank & Trust Checking Rates

Product Rate APY View More
Relationship Checking - Qualification B 5.13% 5.25%
Min Deposit $50
Details Daily balance of $0.01 to $30,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Checking - Qualification A 4.89% 5.00%
Min Deposit $50
Details Daily balance of $0.01 to $30,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Interest Checking - Qualification B 4.41% 4.50%
Min Deposit $50
Details Daily balance of $0.01 to $15,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Interest Checking - Qualification A 4.17% 4.25%
Min Deposit $50
Details daily balance of $0.01 to $15,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Health Checking Account 0.10% 0.10%
Min Deposit $100
Min Balance $100
Details Daily balance of more than $5,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Checking 0.10% 0.10%
Min Deposit $50
Min Balance $2,500
Details Qualifications not met on balances of $2,500 or more
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Checking - Qualification B 0.10% 0.10%
Min Deposit $50
Min Balance $30,000
Details Daily balance of more than $30,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Checking - Qualifications Not Met 0.10% 0.10%
Min Deposit $50
Min Balance $2,500
Details Qualifications Required: Qualifications not met on balances of $2,500 or more
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Health Checking Account 0.05% 0.05%
Min Deposit $100
Min Balance $100
Details Daily balance of less than $5,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Interest Checking 0.05% 0.05%
Min Deposit $50
Details If qualifications are not met
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Interest Checking - Qualification A 0.05% 0.05%
Min Deposit $50
Min Balance $15,000
Details Daily balance of more than $15,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Interest Checking - Qualification B 0.05% 0.05%
Min Deposit $50
Min Balance $15,000
Details Daily balance of more than $15,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Interest Checking - Qualifications Not Met 0.05% 0.05%
Min Deposit $50
Details Blackhawk Bank & Trust
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Checking 0.05% 0.05%
Min Deposit $50
Details Qualifications not met on balances of less than $2,500
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Checking - Qualification A 0.05% 0.05%
Min Deposit $50
Min Balance $30,000
Details Daily balance of more than $30,000
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%
Relationship Checking - Qualifications Not Met 0.05% 0.05%
Min Deposit $50
Details Qualifications Required: Qualifications not met on balances of less than $2,500
Last Updated 08/28/2026
Institution Ratings
5.0
Star Rating
A
Health Grade
Texas Ratio: 12.98%

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Blackhawk Bank & Trust is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Blackhawk Bank & Trust rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Blackhawk Bank & Trust's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Blackhawk Bank & Trust
Bank Holding Company BLACKHAWK BCORP INC
Address 301 4th St W, Milan, IL 61264  ·  Rock Island
FDIC Certificate # 18402
Established 06/28/1961
FDIC Insurance Date 06/28/1961
Domestic Offices 19
Total Branches 19
Regulator FDIC
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A
Overall Health Grade Score: 94/100
5.0
Exceptional Out of 5.0 Stars
12.98%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 0.6647%
Return on Equity (ROE) 8.4700%
Non-Performing Loans (NPL) 0.87%
Total Assets $1,908,431,000
Total Deposits $1,582,221,000
Equity Capital $186,250,000
Net Income $19,959,000
Headquarters Milan
Total Branches and Offices 19
Source: FDIC  |  Last Updated 12/31/2025

Customer Reviews

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Total Reviews
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Frequently Asked Questions About Blackhawk Bank & Trust

How many branches does Blackhawk Bank & Trust operate?

Blackhawk Bank & Trust currently maintains approximately 19 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Blackhawk Bank & Trust does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Blackhawk Bank & Trust provides members with tools to manage their accounts and build a solid financial history.

Does Blackhawk Bank & Trust offer online and mobile banking?

Most modern institutions like Blackhawk Bank & Trust provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.choosethechief.com.

Current Blackhawk Bank & Trust Rates

  • MMA0.15%
Retrieved from our database of financial products. Rates subject to change.