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Mercer County State Bank


Overview / Commentary
www.mcsbank.bank
724-376-4600
3279 South Main Street
Sandy Lake, PA 16145

Mercer County State Bank is headquartered in Sandy Lake and is the 78th largest bank in the state of Pennsylvania. It is also the 1,676th largest bank in the nation. It was established in 1911 and as of December of 2019, it had grown to 96 employees at 12 locations. Mercer County State Bank's money market rates are 48% higher than the national average, and it has a B+ health rating.

Reviews (1)

Mercer County State Bank

Posted by: |

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.

1


Health
B+

Data as of Q4 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #445
Year Established1911
Employees96
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.91%
Return on Equity - YTD8.95%
Annual Interest Income$16.8MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$426.9MM$404.1MM
LoansQ4 2019vs Q4 2018$262.5MM$248.7MM
DepositsQ4 2019vs Q4 2018$353.4MM$336.3MM
Equity CapitalQ4 2019vs Q4 2018$43.2MM$39.8MM
Loan Loss AllowanceQ4 2019vs Q4 2018$3.2MM$2.9MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$5.3MM$1.5MM
Real Estate OwnedQ4 2019vs Q4 2018$0$145.00K
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Christmas Club Direct
0.10%*$500*-Personal Statement Savings
OTHER TIERS: 0.05% → $25 - $500
0.10%*$500*-Business Statement Savings
OTHER TIERS: 0.05% → $25 - $500

Mercer County State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%*$500k*-Personal Money Market Account
OTHER TIERS: 0.10% → $500 - $50k | 0.15% → $50k - $100k | 0.20% → $100k - $500k
0.65%*$500k*-Business Money Market Account
OTHER TIERS: 0.10% → $500 - $50k | 0.15% → $50k - $100k | 0.20% → $100k - $500k

Mercer County State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$500-31 Month CD Special

Mercer County State Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%$50$100k60 Month IRA
0.75%$50$100k48 Month IRA
0.60%$50$100k36 Month IRA
0.50%$50$100k24 Month IRA
0.40%$50$100k12 Month IRA
Locations

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