Why Bank with Peru Federal Savings Bank

A Team You Know and Trust

We have been serving customers in the Illinois Valley area since 1887. Peru Federal Savings Bank has been around longer than the Federal Reserve Bank, which was not part of the financial world until the passage of the Federal Reserve Act of 1913!  We want our customers to have the best possible banking experience whether you are banking in person, online or using our mobile app. Our team combines years of experience to deliver a full range of personal, business and investment* products and services. Peru Federal Savings Bank team members use the products and services we offer our customers. We value our customers and believe that banking is about “Making Connections”. We demonstrate our commitment to our customers and the entire Illinois Valley communities we serve through personal attention and genuine concern for the financial welfare and security of our customers.

  • We have been serving the Illinois Valley for over 135 years.
  • Local employees. Local Board of Directors. Local Decisions. We all live in, volunteer in and are committed to the communities we serve.
  • We support our local communities through financial contributions along with active participation of local boards and volunteerism.
  • We are a lending hand to individuals, small business owners, and entrepreneurs.
  • We are primarily a home mortgage lender, a commercial real estate and a farmland lender. We do not have loans to big corporations like the big banks of Wall Street. Our goal is to help families in the Illinois Valley achieve their goal of home ownership. Peru Federal Savings Bank has never wavered from our lending business plan.
  • Peru Federal Savings Bank has been described as a conservative and sound financial institution of which we take great pride in receiving those compliments.
  • Peru Federal Savings Bank has survived through two World Wars, the Great Depression of the 1930’s, the recession of 2008-2010 and remained strong during the Covid 19 Pandemic of 2019-2020. We know how to weather the economic storms and guide our customers to do the same.
  • We offer a full range of consumer banking services including checking accounts, savings accounts and certificates of deposit.
  • We are here to answer everyday questions and continue to provide the latest technology that makes your banking experience more convenient.

We encourage you to come try us out and find for yourself what make Peru Federal Savings Bank the bank of choice of the Illinois Valley. Are you ready to connect with us?