Better Banks Routing Number (ABA): 071120207

Better Banks at a glance

Its CET1 capital ratio was 13.36% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.

Total assets, Q2 2026

$445.8M

CET1 ratio, Q2 2026

13.36%

Deposit insurance

FDIC

Regulator

FDIC

Domestic offices

9 FDIC institution directory, current count

Established

1898

Full financial profile · Is Better Banks safe? · Branch locations

What the digits mean

The first two digits, 07, place this number in the Federal Reserve Bank of Chicago's district (District 7). Digits five through eight, 2020, identify the institution within that district. The last digit, 7, is a check digit, and the number passes the standard check: weight the nine digits 3, 7, 1, 3, 7, 1, 3, 7, 1 and the sum is a multiple of 10.

Before you send money to Better Banks

A routing number tells the payment network which financial institution holds an account. You give it with an account number for ACH transfers through the automated clearing house, such as direct deposit, bill pay and transfers from a checking account, which usually settle in one to two business days. An international wire to a US account normally needs the bank's SWIFT code as well.

Match this number against the one on your Better Banks checks or in its online banking. Ask the bank for wire instructions (http://www.betterbanks.com). Our record does not show whether this number receives wires. The Federal Reserve's E-Payments Routing Directory shows it: its Fedwire participant search lists the numbers that can receive Fedwire transfers, and its FedACH search lists those that receive ACH payments. How to confirm any routing number.

About Better Banks

Better Banks is headquartered in Peoria, Illinois and was established in 1898. It is in the PEORIA, IL metro area. It reported $445.8M in total assets and $407.0M in deposits for Q2 2026, the 109th largest of the 319 banks headquartered in Illinois. See the largest banks in Illinois by total assets. It reports 9 domestic offices. Its deposits have been FDIC insured since 1934. Its primary federal regulator is the FDIC. 9 other banks and credit unions headquartered in Peoria have a routing number listed here.

What the digits in 071120207 mean

The first four digits, 0711, are the Federal Reserve routing symbol. The prefix 07 places the number in the 7th Federal Reserve District (Chicago). That is also the district where the bank is headquartered. Digits five through eight, 2020, identify the institution within its Federal Reserve district. The last digit, 7, is a check digit. Weighting the digits 3, 7 and 1 in turn gives 3 x 3 + 7 x 9 + 8 = 80, a multiple of 10, so 071120207 is a well-formed routing number. A mistyped digit almost always breaks that sum.

What is the Better Banks routing number?

The Better Banks routing number is 071120207. It is the primary ABA routing transit number registered to Better Banks, headquartered in Peoria, IL. The number comes from the FFIEC National Information Center institution record, last refreshed here on October 27, 2026.

What is the Better Banks wire routing number?

This page lists the primary routing number registered to Better Banks. The record does not say whether the bank uses the same number for wire transfers. Confirm the wire routing number with Better Banks before sending a wire.

Is ABA number 071120207 the routing number for Better Banks?

Yes. It is the primary routing number registered to Better Banks.

Which bank uses routing number 071120207?

It belongs to Better Banks, headquartered in Peoria, IL. It is the bank's primary ABA routing number (FDIC certificate 1808).

Routing numbers in Peoria, IL

Credit union

Citizens Equity First Credit Union: 271183701

Bank

Fortress Bank: 071111986

Credit union

Cooperative Choice Network Credit Union: 271187642

Credit union

Peoria Postal Employees Credit Union: 271187833

Credit union

Peoria Hiway Credit Union: 271187804

Credit union

Peoria City Employees Credit Union: 271187765

Credit union

Peoria Bell Credit Union: 271187749

Credit union

Peoria Fire Fighters Credit Union: 271187781

All routing numbers in Illinois