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220 Alhambra Circle - 12th Floor
Coral Gables, FL 33134

Mercantil Commercebank is headquartered in Coral Gables and is the 5th largest bank in the state of Florida. It is also the 143rd largest bank in the nation. It was established in 1979 and as of December of 2016, it had grown to 955 employees at 24 locations. Mercantil Commercebank's CD rates are 50% higher than the national average, and it has a B+ health rating.

Related Posts

Mercantil Commercebank (FL/TX) Adds More Smart CD Specials - 3/16/2017

Mercantil Commercebank (FL/TX) has added two Smart CDs: 24-month (1.50% APY, FL; 1.40% APY, TX) and 36-month (2.00% APY, FL; 1.80% APY, TX). $10k min of new money.

Great CD Interest Rates In South FL - 3/15/2017

12 mo. APY 1.35% 24 mo APY  1.50% 36 mo APY  2.00% Only a 3 month penalty for early withdrawal

Mercantil Commerce Bank (FL/TX) Adds More "Smart" CDs - 3/1/2017

Mercantil Commercebank (FL/TX) has added two new "Smart" CDs: 12-month (1.35% APY, FL; 1.30% APY, TX) and 60-month (2.20% APY). Minimum deposit is $10k new money.

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Reviews (1)


I was a customer for 6 years, if you move your money very often, try not to reach the account balance to 0 because the bank will CLOSE your account because "new politics", so, no penalties, no overdraft fees, you only get the "kick in the butt" treatment from customer service.


Health Grade Components

FDIC Certificate #22953
Year Established1979
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.38%
Return on Equity - YTD4.03%
Annual Interest Income$238.8MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$8.42B$8.15B
LoansQ4 2016vs Q4 2015$5.68B$5.56B
DepositsQ4 2016vs Q4 2015$6.62B$6.56B
Equity CapitalQ4 2016vs Q4 2015$771.6MM$747.8MM
Loan Loss AllowanceQ4 2016vs Q4 2015$81.8MM$77.0MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$70.4MM$76.6MM
Real Estate OwnedQ4 2016vs Q4 2015$386.00K$384.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Great CD Interest Rates In South FL

leemd   |  
12 mo. APY 1.35%
24 mo APY  1.50%
36 mo APY  2.00%
Only a 3 month penalty for early withdrawal

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Always verify rates and promotions with the bank or credit union. We are not Mercantil Commercebank; we are a rate comparison website and cannot provide official rates or promotions.

Mercantil Commercebank CD Rates

1.50%$10k$1m24 Month Smart CD-Florida (New Money)
1.40%$10k$1m24 Month Smart CD-Texas (New Money)
1.35%$10k$500k12 Month Smart CD Special-Florida (New Money)
1.30%$10k$500k12 Month Smart CD Special-Texas (New Money)

Mercantil Commercebank has 24 locations. Click to view all Mercantil Commercebank locations.