Merchants and Manufacturers Bank is headquartered in Joliet and is the 122nd largest bank in the state of Illinois. It is also the 2,156th largest bank in the nation. It was established in 1969 and as of June of 2022, it had grown to 50 employees at 5 locations. Merchants and Manufacturers Bank's CD rates are 3X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 20040 |
Year Established | 1969 |
Employees | 50 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.82% |
Return on Equity - YTD | 10% |
Annual Interest Income | $7.7MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $373.1MM$361.2MM |
Loans | Q2 2022vs Q2 2021 | $322.2MM$321.0MM |
Deposits | Q2 2022vs Q2 2021 | $309.7MM$276.6MM |
Equity Capital | Q2 2022vs Q2 2021 | $30.5MM$27.5MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $3.3MM$3.3MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $0$3.9MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.75%* | $500* | - | Premier Savings | ||
OTHER TIERS: 0.20% → $100 - $500 | |||||
0.30% | - | - | Minor Savings | ||
0.20% | $100 | - | Regular Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.80%* | $100k* | - | Money Market | ||
OTHER TIERS: 0.20% → $1k - $10k | 0.50% → $10k - $25k | 0.60% → $25k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.35% | $5k | - | NOW – Premier | |
0.35% | $750 | - | NOW – Checking |
Merchants and Manufacturers Bank Locations | ||
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Channahon Office | 25140 W. Channon Dr. | Channahon, IL 60410 |
Merchants and Manufacturers Bank | 601 E Cass St | Joliet, IL 60432 |
Briggs Office | 801 S. Briggs St. | Joliet, IL 60433 |
Essington Office | 990 Essington Rd. | Joliet, IL 60435 |
Oak Brook Terrace Office | One Mid America Plaza, Suite 140 | Oakbrook Terrace, IL 60181 |