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The Best Banks in Lemont, Illinois

Our research team has identified the top 3 banks in Lemontbased on customer service, rates, digital features, and customer satisfaction.

3
Top Banks
4.4/5
Avg Rating
20
Total Branches
684
Total Reviews

Top Banks in Lemont

Carefully selected based on customer service, rates, and digital features

1

Old National Bank

Bank

★★★★☆
4.3/5

Old National Bank (formerly First Midwest Bank) has a strong presence in Lemont with a convenient local branch. They offer comprehensive personal and business banking services with a focus on community banking. Known for their competitive mortgage rates and excellent customer service for both individuals and small businesses in the Lemont area.

Branches:3 locations
Reviews:127 customer reviews
1200 State St, Lemont, IL 60439

Services:

Checking AccountsSavings AccountsPersonal LoansMortgagesBusiness BankingDigital BankingInvestment ServicesCredit CardsAuto Loans
2

BMO Harris Bank

Bank

★★★★☆
4.1/5

BMO Harris has a significant presence throughout the Chicago metro area including Lemont. They offer full-service banking with robust digital platforms and extensive ATM networks. Particularly strong in business banking services and wealth management, making them a popular choice for both personal and commercial banking needs in the region.

Branches:5 locations
Reviews:215 customer reviews
1200 State St, Lemont, IL 60439

Services:

Checking AccountsSavings AccountsPersonal LoansMortgagesBusiness BankingDigital BankingInvestment ServicesCredit CardsAuto LoansStudent Loans
3

Consumers Credit Union

Credit Union

★★★★☆
4.7/5

While located in nearby Orland Park, Consumers Credit Union serves many Lemont residents and offers exceptional rates and low fees typical of credit unions. They provide high-yield checking accounts, competitive auto loan rates, and excellent member service. Their digital banking platform is highly rated and they offer shared branching throughout the region.

Branches:12 locations
Reviews:342 customer reviews
15501 S 71st Ct, Orland Park, IL 60462

Services:

Checking AccountsSavings AccountsPersonal LoansMortgagesBusiness BankingDigital BankingCredit CardsAuto LoansStudent Loans

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Frequently Asked Questions

Common questions about banking in Lemont, Illinois

What are the best options for a local business in Lemont to get a small business loan?

For Lemont-based small businesses, local institutions like Old National Bank and BMO Harris Bank have dedicated small business banking teams familiar with the local economy. Additionally, Consumers Credit Union offers business services and loans to its member-owners. It's also worth exploring the Lemont Area Chamber of Commerce, which sometimes partners with financial institutions to support local businesses. When applying, be prepared to present a solid business plan that highlights your connection to the Lemont community.

Are there any banks in Lemont that offer special mortgage programs for historic home purchases?

Yes, given Lemont's historic downtown district and numerous historic properties, this is a common need. While not all lenders offer specific "historic home" loans, local banks like Old National Bank and BMO Harris are often more familiar with appraising and financing unique properties in the area. It's crucial to discuss your specific property with a loan officer, as standard mortgage programs from Fannie Mae and FHA can often be used, but a local lender will understand the nuances of the Lemont real estate market.

With the I-355 tollway and construction projects, how can I easily manage toll payments and avoid fines through my bank?

This is a very relevant question for Lemont residents. Most banks, including BMO Harris and Old National Bank, offer the ability to link your checking account to an IPASS or E-ZPass Illinois account for automatic replenishment. Consumers Credit Union also provides this service. This setup ensures your toll transponder always has funds, avoiding costly fines and the hassle of manual top-ups. You can typically manage this linkage through your online banking portal or by visiting a local branch for assistance.

Which local financial institutions in Lemont offer notary services, and are they free for customers?

All three of the major local institutions—Old National Bank, BMO Harris Bank, and Consumers Credit Union—typically provide notary services for their customers. This service is almost always free for account holders, though it's a good practice to call your specific branch ahead to confirm the notary's availability. For non-customers, there may be a small fee. This is a valuable perk for Lemont residents needing to notarize documents for real estate transactions, legal forms, or other personal business.

As a resident of a flood-prone area near the Des Plaines River or the I&M Canal, what should I look for in a bank regarding flood insurance?

This is a critical consideration for many in Lemont. When obtaining a mortgage for a property in a FEMA-designated Special Flood Hazard Area (SFHA), federal law requires you to purchase flood insurance. Local lenders like Old National Bank and BMO Harris will be well-versed in the local flood maps and can guide you through this mandatory process. Consumers Credit Union can also assist. It's important to ask your lender about their specific requirements and if they have any preferred providers for flood insurance to potentially streamline the closing process.

Finding the Right Financial Institutions Near Me in Lemont, Illinois

Expert insights about banking in Lemont

When you search for "financial institutions near me" in Lemont, you're looking for more than just a nearby branch. You're seeking a trusted partner for your financial journey right here in our community. Lemont offers a solid mix of national banks, regional powerhouses, and local credit unions, each bringing something unique to the table for residents and families. Understanding the distinct advantages of each can help you make a choice that aligns perfectly with your financial goals and values.

For many in Lemont, the convenience of a large national network is a top priority. BMO Harris Bank maintains a strong presence in the area, offering extensive ATM access and a full suite of digital banking tools that are ideal for those who travel or have family across the Midwest. Their comprehensive services, from checking accounts to mortgage lending, provide a one-stop solution for many banking needs. Similarly, Old National Bank, which has a significant regional footprint, brings a community-focused approach often associated with smaller banks, coupled with the resources of a larger institution. They are known for personal service and involvement in local initiatives, making them a tangible part of Lemont's economic fabric.

However, the standout option for many Lemont residents is the member-owned model of a credit union. Consumers Credit Union is a prime example and a fantastic local choice. As a not-for-profit financial cooperative, its profits are returned to members in the form of lower loan rates, higher savings yields, and reduced fees. If you value personalized service and feeling like more than just an account number, a credit union can be transformative. Membership is often broader than people think; simply living, working, or worshipping in Lemont or the surrounding area typically makes you eligible to join.

Choosing between these options comes down to your personal priorities. Start by listing what matters most: Is it the absolute lowest auto loan rate for a purchase from a Lemont dealership? Consumers Credit Union might excel here. Do you need a bank with a robust mobile app and branches throughout Illinois and Indiana for your commute? BMO Harris or Old National could be perfect. We recommend visiting the locations on Stephen Street or State Street. Go in person, ask about account fees, minimum balances, and local loan programs. Don’t hesitate to ask how they support the Lemont community—whether through sponsoring the Lemonade Days festival or supporting local schools.

Ultimately, the best "financial institution near me" is the one that understands your life in Lemont. It’s the place where they know your name, support your local dreams, and provide the modern tools you need to manage your money with confidence. Take the time to compare your local options; your perfect financial partner is right here in town.

Nearby Cities

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How We Rate Lemont Banks

Our comprehensive 5-star rating system evaluates banks across multiple criteria to help you find the best financial institution in Lemont.

Customer Service & Support

Service quality, responsiveness, and customer satisfaction ratings.

Fees & Interest Rates

Competitive rates, transparent fees, and overall value proposition.

Digital Banking Features

Mobile app quality, online features, and digital innovation.

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