Mercer County State Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.50% | 5-year CD | 60 Month CD 2.50% - Ally Bank High Yield 5 Year CD |
| 0.30% | 1-year CD | 12 Month CD |
| 0.15% | Savings | Personal Statement Savings |
Mercer County State Bank is headquartered in Sandy Lake and is the 82nd largest bank in the state of Pennsylvania. It is also the 1,749th largest bank in the nation. It was established in 1911 and as of December of 2017, it had grown to 104 employees at 11 locations. Mercer County State Bank's money market rates are 2X the national average, and it has an A health rating.
Mercer County State Bank
My business partner and I chose to work with Mercer County State Bank when looking for a lender in our real estate business. Having a good relationship with a local lender is very important in the buy and hold rental real estate business. This bank came highly recommended by other investors in our network. The commercial lending department in this institution is very competitive and they develop strong business relationships with a number of successful real estate investors in my area. One of their skilled commercial loan officers agreed to meet my partner and I for lunch to discuss our goals and products that the bank has to offer. The loan officer brought an underwriter to the lunch meeting. Having a face to face meeting with these staff members helped to avoid any miscommunication and develop a more personalized approach to the partnership. I am pleased with the experience with this lender so far and I hope to have a good relationship with them for many years to come.
Data as of Q4 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 445 |
| Year Established | 1911 |
| Employees | 104 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.72% |
| Return on Equity - YTD | 6.83% |
| Annual Interest Income | $14.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $397.6MM$379.7MM |
| Loans | Q4 2017vs Q4 2016 | $233.1MM$222.6MM |
| Deposits | Q4 2017vs Q4 2016 | $326.3MM$309.8MM |
| Equity Capital | Q4 2017vs Q4 2016 | $41.0MM$39.2MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $2.6MM$2.7MM |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $2.0MM$3.3MM |
| Real Estate Owned | Q4 2017vs Q4 2016 | $207.00K$145.00K |
Always verify rates and promotions with the bank or credit union. We are not Mercer County 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.
Mercer County State Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.15%* | $500* | - | Personal Statement Savings | ||
| OTHER TIERS: 0.10% → Up to $500 | |||||
| 0.15%* | $500* | - | Business Statement Savings | ||
| OTHER TIERS: 0.10% → Up to $500 | |||||
| 0.15% | - | - | Christmas Club Direct | ||
Mercer County State Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | $500k* | - | Personal Money Market Account | ||
| OTHER TIERS: 0.10% → Up to $50k | 0.15% → $50k - $100k | 0.20% → $100k - $500k | |||||
| 1.00%* | $500k* | - | Business Money Market Account | ||
| OTHER TIERS: 0.10% → Up to $50k | 0.15% → $50k - $100k | 0.20% → $100k - $500k | |||||
Mercer County State Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.10%* | $5k* | - | Business Checking With Interest | ||
| OTHER TIERS: 0.05% → Up to $5k | |||||
| 0.10% | - | - | Premium Checking | ||
| 0.05% | - | - | Hometown Advantage | ||
Mercer County State Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50% | $500 | $100k | 60 Month CD | |
| 1.50% | $500 | $100k | Business 60 Month CD | |
| 1.35% | $500 | - | 15 Month CD Special | |
| 1.00% | $500 | $100k | 48 Month CD | |
| 1.00% | $500 | $100k | Business 48 Month CD | |
| 0.85% | $500 | $100k | 36 Month CD | |
| 0.85% | $500 | $100k | Business 36 Month CD | |
| 0.55% | $500 | $100k | 24 Month CD | |
| 0.55% | $500 | $100k | Business 24 Month CD | |
| 0.40% | $500 | $100k | 18 Month CD | |
| 0.40% | $500 | $100k | Business 18 Month CD | |
| 0.30% | $500 | $100k | 12 Month CD | |
| 0.30% | $500 | $100k | Business 12 Month CD | |
| 0.25% | $500 | $100k | 6 Month CD | |
| 0.25% | $500 | $100k | Business 6 Month CD |
Mercer County State Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.50% | $500 | $100k | 60 Month IRA | |
| 1.00% | $500 | $100k | 48 Month IRA | |
| 0.85% | $500 | $100k | 36 Month IRA | |
| 0.55% | $500 | $100k | 24 Month IRA | |
| 0.30% | $500 | $100k | 12 Month IRA |
