Archer Daniels Midland Company is a large conglomerate primarily involved in agricultural processing.  In fact, it is one of the world’s leading agricultural processors.  The company’s operation encompasses a wide range of services along with agricultural processing, including banking and futures clearing in both the U.S. and international markets.  Hickory Point Bank & Trust is a full-service bank in central Illinois that is a subsidiary of ADM.

Hickory Point Bank and Trust is headquarters in Decatur Illinois.  The bank has seven bank branches in the region.  The bank was established in 1979 and is chartered as a savings association.  Therefore the primary regulator is the Office of Thrift Supervision (OTS).  The bank had assets of $857,667,000 at the end of 2008 and net income of $4,986,000 for the year.

Hickory Point Bank and Trust provides personal and business banking services including checking and saving accounts, credit cards, certificate of deposits, loans, and retirement solutions.  In addition, the company offers investment brokerage, insurance solutions, online banking, and trust advisory services.

From a performance stand point, along with sizable profit the bank had noncurrent loans to total loans of only 0.34% at the end of 2008 and a core capital or leverage ratio of 7.47% a tier 1 risk-based capital ratio of 18.94% and a total risk-based capital ratio of 19.20%.

Bank CD rates.

31 day CD rate is 1.10% APY
91 day CD yields a rate of 1.26% APY
182 day CD interest rate is 1.51% APY
1 year CD rate is 2.00% APY
18 month CD rate is 2.25% APY
2 year CD rate is 2.50% APY
3 year CD has a rate of 2.75% APY
4 year CD earns an interest rate of 3.00% APY
5 year CD rate is 3.15% APY

Bank CD rates are subject to change by the bank and additional conditions may apply to obtain these bank rates.  For current bank CD rates, contact the bank at 800-872-0081.  Hickory Point Bank and Trust maintains a website that posts current consumer bank rates including the CD rates, the web address is www.hickorypointbank.com.

For car loan rate information please visit www.selectautorates.com for mortgage rate information please visit www.selectcalculators.com.

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