Mayville State Bank


Overview / Commentary
989-843-6145
37 E. Ohmer Rd.
Mayville, MI 48744

Mayville State Bank is headquartered in Mayville and is the 80th largest bank in the state of Michigan. It is also the 4,277th largest bank in the nation. It was established in 1885 and as of June of 2019, it had grown to 28 employees at 2 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
Employees28
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.59%
Return on Equity - YTD5.5%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$86.2MM$89.4MM
LoansQ2 2019vs Q2 2018$38.0MM$34.4MM
DepositsQ2 2019vs Q2 2018$76.4MM$80.2MM
Equity CapitalQ2 2019vs Q2 2018$9.6MM$9.1MM
Loan Loss AllowanceQ2 2019vs Q2 2018$569.00K$584.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$52.00K$89.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$29.00K
Rates
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* 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
Mayville State Bank37 E. Ohmer Rd.Mayville, MI 48744
Millington Branch8428 North State StreetMillington, MI 48746

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