Serving our community since 1885

Deposit Services

When you call us during business hours, you will always speak to a person – not a series of prompts and recorded messages. We are dedicated, friendly, and committed to serving our customers and community!


Dear Customers and Future Patrons: Thank you for taking the time to visit our website and take an interest in the Collinsville Building and Loan Association. As an organization with 130 years of experience, we understand the importance of focusing on our customers and our local community.

Mortgage Services

Whether you are refinancing or purchasing your first home, Collinsville Building and Loan Association has a mortgage loan to fit your needs. We are a hometown lender who will never sell your loan – loans made here, stay here! All loans are conventional loans with fixed rates.

Latest News on Collinsville Building & Loan

CB&L Warns about Grandparent Scam

CB&L Warns Older Americans about Grandparent Scam In recognition of May as ‘Older Americans Month’               The next time you receive a frantic call from someone saying they are your grandchild and asking for money, make sure it’s actually your grandchild who’s calling. According to the Federal Trade Commission, between 2012 and 2014, consumers reported

5th Annual Food Drive a Success!

This past March, Collinsville Building and Loan Assn. (CB&L) held their 5th annual food drive. CB&L partnered with the Collinsville Food Pantry & the Troy Food Pantry. We would like to thank our customers and the community for donating almost 520 pounds of food and supplies to our annual food drive to help those in

5 Ways to Spot a Lottery Scam

5 Ways to Spot a Lottery Scam Collinsville Building & Loan Association warns community about popular scam               According to the FBI, in 2014 consumers lost more than $8 million to solicitation scams promising instant wealth and grand prize earnings. These scams, commonly referred to as the “advance fee,” “lottery” or “sweepstake” scam, involve fraudsters

5th Annual Spring Food Drive

Spring into Collinsville Building & Loan Association March 11th to April 1st  and donate your non-perishable items to benefit our neighbors in need! We are dedicated to giving back to our community one household at a time. Donations will be distributed to the Collinsville and Troy food pantries.   ITEMS MOST NEEDED: Canned Chili Pancake Mix & Syrup Spaghetti/Pasta Chicken Noodle, Cream of Chicken,

12 Tips for Protecting Your Mobile Devices

12 Tips for Protecting Your Mobile Devices March 6-12 is National Consumer Protection Week   As consumer use of mobile devices continues to climb, cyber criminals are targeting those gadgets more frequently. According to a report by the Federal Reserve, 52 percent of smartphone users say they have used mobile banking in the past 12 months.

CB&L to offer DownPayment® Plus Program

If you want to buy a home and have a steady income and good credit, Collinsville Building & Loan Association and the Federal Home Loan Bank of Chicago can help.   Through the Downpayment Plus® Program*, up to $6,000 may be available to eligible homebuyers in 2016 to use toward down payment and closing costs. Ask

Spend or Save: 5 Ways to Make Your Refund Count this Tax season

Spend or Save: 5 Ways to Make Your Refund Count this Tax Season            According to the Internal Revenue Service, the nation’s taxpayers received an average tax refund of nearly $3,000 in 2015. This year, while more than 70 percent of tax payers await their hefty refund, Collinsville Building and Loan is highlighting five

CB&L Awards Local Scholarship for HS Seniors

Collinsville Building & Loan Association Awards Local Scholarship for High School Seniors Collinsville Building & Loan Association participated in Community Bankers Association of Illinois (CBAI) annual statewide essay-writing scholarship contest. This program, sponsored by CBAI, is to help increase public awareness of locally owned banks and their contributions to the community. Collinsville Building & Loan Association

CBAI Scholarship Opportunity

Collinsville Building and Loan Association announces a scholarship competition that enables Illinois high school seniors to enter a statewide essay-writing contest. It is all part of a program sponsored by Illinois community banks and the CBAI Foundation for Community Banking to increase public awareness of locally owned banks and their contributions to the community. Collinsville

CBL Shares the Warmth with the Community

This past November, Collinsville Building and Loan Association held their 5th annual “Coats for the Community” drive. They partnered with CAMA Helping Hands Ministry and collected winter coats, scarves, gloves and hats. Collinsville Building and Loan would like to thank their customers, staff and the community for their donations to help make this drive a success. From