*NO CLOSING COSTS - Home Equity Line of Credit

Apply Now Until June 1, 2022 *Subject to credit approval. Term of loan is maximum of 7 years. Borrowers required to make a monthly interest Only Payment (Minimum Payment of $50/mo).Annual Fee of $35.00. Additional requirements may apply. May result in a balloon payment.
**Closing costs are various expenses or outside fees incurred when a borrower closes a new loan. These expenses / fees may include the cost of a mortgage title policy or search, charges for preparation and recording of mortgage or security documents, appraisal fees, application fees, credit report charges and other similar real estate related expenses.

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Let us help you achieve your financial goals locally with a Mortgage Loan.

* No Appraisal Fee – It’s on us! * We’ll drop your rate by 0.125%APR — Apply Now Until June 1, 2022
*Subject to credit approval. Private Mortgage Insurance may be required for mortgages exceeding 80% of Loan to Market value or selling price, the lesser of the two. Loan must close to waive appraisal fee. The reduced annual percentage rate of 0.125% will be applied at the time of rate lock.

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Introducing Overdraft Protection and Overdraft Privilege

Life happens! Prospect Bank understands that unexpected overdrafts occur from time to time – Overdraft Coverage can help.

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Building the future of our communities, One young person at a time.

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Since our founding, Prospect Bank has worked to help the communities and people of central Illinois to bank smarter. We’re committed to service, and our mission, our vision, and the pledge we make to each and every individual, family, and business we work with shows it.



Head on over and subscribe to our YouTube channel.

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Prospect Bank’s municipal banking program provides customized banking solutions for municipalities, school districts, and public agencies throughout Central Illinois and beyond.

Check out our MuniWise Investment Model to calculate your CD Investment

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Online Account Opening

Take advantage to opening an account online.

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Online Applications

Click below to start your
Mortgages or Consumer Loan Application!

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We want your banking experience with us to be as easy as possible! Head to our Q&A page to find answers to some frequently asked questions about banking with us!

We're here for you!

Contact us with questions, concerns, feedback or just to say hi!
We’re here to listen and help!


Our online calculators are easy to use and will help you answer some common questions when you’re thinking of buying a home.


We’re the bank you want to get to know. With us you’ll get;
A personalized banking experience that is built to tailor your lifestyle.
Access to easy, and state of the art electronic banking services.
Local and committed PROS who are behind you and your goals.

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