Overview / Commentary
989-843-6145
6104 Fulton
Mayville, MI 48744

Mayville State Bank is headquartered in Mayville and is the 81st largest bank in the state of Michigan. It is also the 4,303rd largest bank in the nation. It was established in 1885 and as of December of 2018, it had grown to 30 employees at 3 locations. Mayville State Bank has a B+ health rating.

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Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Mayville State Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #12899
Year Established1885
Employees30
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.75%
Return on Equity - YTD7.36%
Annual Interest Income$2.9MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$88.8MM$90.8MM
LoansQ4 2018vs Q4 2017$36.4MM$34.3MM
DepositsQ4 2018vs Q4 2017$79.6MM$81.7MM
Equity CapitalQ4 2018vs Q4 2017$9.1MM$9.1MM
Loan Loss AllowanceQ4 2018vs Q4 2017$572.00K$516.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$43.00K$79.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$76.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Mayville State Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Mayville State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.05%$10k-IRA Variable Rate
1.00%--IRA Variable Guaranteed Minimum Rate 2019 Calendar Year
0.50%--IRA Self-Directed Rate
0.10%--Health Savings Accounts
0.02%--Christmas Club account
0.02%--Passbook Savings Account
0.02%--Statement Savings Account

Mayville State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$100k*-Money Market Deposit Account
OTHER TIERS: 0.05% Up to $100k

Mayville State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$2k-Interest NOW Checking (Tier 2)
0.02%--Interest NOW Checking (Tier 1)

Mayville State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.05%$1k-60 Month CD - Interest paid Monthly
1.05%$1k-60 Month CD - Interest paid Quarterly
1.00%$1k-48-59 Month CD - Interest paid Monthly
1.00%$1k-48-59 Month CD - Interest paid Quarterly
0.70%$1k-36-47 Month CD - Interest paid Monthly
0.70%$1k-36-47 Month CD - Interest paid Quarterly
0.60%$1k-24-29 Month CD - Interest paid Monthly
0.60%$1k-30-35 Month CD - Interest paid Monthly
0.60%$1k-24-29 Month CD - Interest paid Quarterly
0.60%$1k-30-35 Month CD - Interest paid Quarterly
0.25%$1k-12-17 Month CD - Interest paid Monthly
0.25%$1k-18-23 Month CD - Interest paid Monthly
0.25%$1k-12-17 Month CD - Interest paid Quarterly
0.25%$1k-18-23 Month CD - Interest paid Quarterly
0.15%$1k-6-11 Month CD - Interest paid Monthly
0.15%$1k-6-11 Month CD - Interest paid Quarterly
0.10%$1k-32 Day CD
0.10%$1k-3-5 Month CD - Interest paid Monthly
0.10%$2.5k-7-31 Day CD
0.10%$1k-3-5 Month CD - Interest paid Quarterly
Locations


Mayville State Bank Locations
Main Street Supermarket Branch315 East Main StreetMayville, MI 48744
Mayville State Bank37 E. Ohmer Rd.Mayville, MI 48744
Millington Branch8428 North State StreetMillington, MI 48746

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