M1 Bank is headquartered in CLAYTON and is the 30th largest bank in the state of Missouri. It is also the 935th largest bank in the nation. It was established in 1911 and as of September of 2024, it had grown to 45 employees at 2 locations. M1 Bank has an A health rating.
As of 3-15-2024-
one can only open an account in-person, at a branch. NOT POSSIBLE TO OPEN ONLINE. Despite offering 10-MONTH CD AT 5.75% APY this "bank" isn't yet ready for the modern age.
Overall | |
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FDIC Certificate # | 9797 |
Year Established | 1911 |
Employees | 45 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 2.08% |
Return on Equity - YTD | 23.23% |
Annual Interest Income | $66.7MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $1.13B$977.9MM |
Loans | Q3 2024vs Q3 2023 | $944.1MM$807.3MM |
Deposits | Q3 2024vs Q3 2023 | $1.02B$888.9MM |
Equity Capital | Q3 2024vs Q3 2023 | $101.7MM$80.5MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $7.9MM$6.5MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $0$0 |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
Rates for M1 Bank are currently being reviewed.
M1 Bank Locations | ||
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The Bank Of Macks Creek | 112 S Hanley Rd | Clayton, MO 63105 |
M1 Bank | 11697 Manchester Road | Des Peres, MO 63131 |