|APY||ACCOUNT TYPE||ACCOUNT NAME|
|2.25%||5-year CD||5 Year Smart CD Special-Texas (New Money)|
2.25% - Ally Bank High Yield 5 Year CD
|1.61%||1-year CD||12 Month Smart CD - online only|
1.50% - Ally Bank No Penalty 11-Month CD
|2.10%||3-year CD||36 Month Smart CD - online only|
1.60% - Ally Bank High Yield 3 Year CD
Mercantil Commercebank is headquartered in Coral Gables and is the 6th largest bank in the state of Florida. It is also the 146th largest bank in the nation. It was established in 1979 and as of June of 2017, it had grown to 970 employees at 24 locations. Mercantil Commercebank's CD rates are 79% higher than the national average, and it has an A health rating.
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.
|FDIC Certificate #||22953|
|Return on Assets - YTD||0.47%|
|Return on Equity - YTD||5.13%|
|Annual Interest Income||$129.7MM|
|Assets and Liabilities|
|Assets||Q2 2017vs Q2 2016||$8.54B$8.30B|
|Loans||Q2 2017vs Q2 2016||$5.99B$5.44B|
|Deposits||Q2 2017vs Q2 2016||$6.64B$6.50B|
|Equity Capital||Q2 2017vs Q2 2016||$794.9MM$780.1MM|
|Loan Loss Allowance||Q2 2017vs Q2 2016||$82.7MM$73.5MM|
|Unbacked Noncurrent Loans||Q2 2017vs Q2 2016||$55.2MM$58.9MM|
|Real Estate Owned||Q2 2017vs Q2 2016||$371.00K$155.00K|
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.
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.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|2.30%||$10k||$500k||5 Year Smart CD Special-Florida (New Money)|
|2.25%||$10k||$500k||5 Year Smart CD Special-Texas (New Money)|
|2.10%||$500||$250k||36 Month Smart CD - online only|
|1.61%||$500||$250k||12 Month Smart CD - online only|
|1.60%||$10k||$1m||2 Year Smart CD-Florida (New Money)|
|1.45%||$10k||$1m||2 Year Smart CD-Texas (New Money)|