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Morris Building & Loan

Phone Icon (815) 942-3232


Trusted Checking & Savings Solutions

At Morris Building & Loan of Morris, Illinois, you can take advantage of a variety of personal banking products, including checking, savings and Money Market accounts that can help you keep your family's finances in order. Locals know they can count on us for their personal banking needs.  We have an account to meet any of your banking needs. Our professional staff will take the time to match your unique needs with the right accounts and services that fit your lifestyle.

Morris No Minimum Checking

Enjoy the freedom of not having to worry about maintaining a minimum balance and being charged a fee. There is No minimum balance required and No minimum balance fee. You have unlimited check writing and receive a monthly statement. Also enjoy the benefit of our Online Banking, BillPay, and a Visa Debit Card. There is a $100 initial opening deposit required, but after the initial opening deposit, you do not need to maintain a minimum balance.

Morris Now Checking

Make your excess money in your checking account work for you. The Morris Now account is an interest bearing checking account with a competitive interest rate.  You have unlimited check writing and you will receive your first box of checks free when you open your account with a low minimum deposit of $500. This is a variable interest rate account and the rate is subject to change at anytime. Again, you will also enjoy the benefits of our Online Banking, BillPay, and a Visa Debit Card. For any reason your balance falls below the average daily balance of $500 per statement cycle, a $5 monthly fee would be incurred.                                      Matthew Varchetto LaGrange Hinsdale


Morris Personal Statement Savings Account

A low minimum balance savings account is a way to put away that extra money and earn interest while it is in the account. Interest is compounded and paid quarterly. Open with as little as $100. Don't forget to open one of our Morris Building & Loan Checking Accounts and set up an auto transfer from checking to savings to help you save more money. Statements are provided quarterly. Rates are variable and subject to change at any time without notice.  For any reason you go below the minimum balance of $100 in a calendar month, a $5 fee will be incurred per calendar month. An excessive transaction fee of $1 will be charged for each transaction in excess of six each calendar month.

Morris Junior Savings Account

This is a great account for kids to learn how to start saving money. The Junior Savings Account has only a $1 minimum balance, with no monthly maintenance fee. Interest is compounded and paid quarterly. Rates are variable, and are subject to change at any time without notice. To be eligible for the account the child must be 21 years of age and under. You can have a maximum of six debit transactions per calendar month. An excessive transaction fee of $1 will be charged for each transaction in excess of six each calendar month.  These accounts are subject to COPPA, in addition to our other terms and conditions.


The Power of Compound Interest in a Money Market Account

Make the most of your money. Enjoy the benefits of compound interest with a money market account from Morris Building & Loan. Our accounts ensure you make the most of your money by compounding your interest and allowing you to earn more on your balance.  As with all investments, the more money you deposit, and the longer the period of time, the more you stand to earn.

Morris Regular Money Market

With a Morris Regular Money Market Account, you can enjoy monthly compounded interest. Enjoy the benefit of a low minimum balances of either $1,000 daily balance or an average daily balance of $2,500. Your first box of checks is free. To open the account a low minimum of $1,000 deposit is required.  For any reason your balance falls below either of the stated minimums in a statement cycle, a monthly fee of $10 may be incurred.

Morris Preferred Money Market

This Preferred Money Market offers you competitive Tiered Interest Rates with monthly compounded interest. This account generally earns a higher rate of interest than the Regular Money Market. You will also receive your first box of checks free.  All the terms and fees are the same as the Regular Money Market, with the exception of a minimum opening deposit of $40,000.


All Money Market Account Transaction Limits and Terms

All of our money market accounts have a limit of six debit transactions per statement cycle. There is a $25 fee for each transaction in excess of six. Any fees may reduce your earnings. All rates on Money Markets are subject to change at anytime and without notice.


Safe Deposit Boxes

Safe deposit boxes are an excellent option for personal and business banking solutions. With these boxes, you can safely and securely store your valuables, such as jewelry, collectibles, and family heirlooms without concern for their security in your home. Safe deposit boxes are billed annually. For your convenience we can set up an auto-payment from your Morris Building & Loan checking or savings account. Call us for pricing and the sizes we have available. More sizes also available then listed below.
• 5" x 5" Box • 3" x 10" Box • 5" x 10" Box • 10" x 10" Box