Featured Savings Rates
Featured Accounts
Overview / Commentary
251-246-4425
1901 North College Avenue
Jackson, AL 36545

Merchants Bank (AL) is headquartered in Jackson and is the 54th largest bank in the state of Alabama. It is also the 2,777th largest bank in the nation. It was established in 1962 and as of March of 2018, it had grown to 60 employees at 6 locations. Merchants Bank (AL)'s CD rates are 18% higher than the national average, and it has a B+ health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+

Health Grade Components

Overall
FDIC Certificate #18637
Year Established1962
Employees60
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD7.33%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$217.3MM$212.4MM
LoansQ1 2018vs Q1 2017$143.4MM$133.4MM
DepositsQ1 2018vs Q1 2017$192.9MM$188.8MM
Equity CapitalQ1 2018vs Q1 2017$24.1MM$23.2MM
Loan Loss AllowanceQ1 2018vs Q1 2017$1.5MM$1.5MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$2.9MM$2.8MM
Real Estate OwnedQ1 2018vs Q1 2017$694.00K$324.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Merchants Bank (AL); 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.

Merchants Bank (AL) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%--Christmas Club
0.15%--Regular Savings

Merchants Bank (AL) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$25k*-Hi-Fi Account (Money Market Account)
OTHER TIERS: 0.15% $2,500 - $10k | 0.20% $10k - $25k

Merchants Bank (AL) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Platinum Select Checking
0.10%$100-Platinum 55 Checking
0.10%--Interest Checking

Merchants Bank (AL) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$1k-5 Year CD
1.76%$1k-4 Year CD
1.56%$1k-3 Year CD
1.46%$1k-30 Month CD
1.36%$1k-2 Year CD
1.16%$1k-18 Month CD
1.06%$1k-1 Year CD
0.50%$1k-6 Month CD

Merchants Bank (AL) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.96%$1k-60 Month IRA
1.11%$1k-18 Month Variable Rate IRA
1.00%$1k-12 Month IRA
0.45%$1k-6 Month IRA
Locations


Merchants Bank (AL) Locations
Downtown Branch101 College AvenueJackson, AL 36545
Grove Hill Branch103 Main StreetGrove Hill, AL 36451
Mobile Branch1353 Cody Road SouthMobile, AL 36695
Merchants Bank1901 North College AvenueJackson, AL 36545
Thomasville Branch33440 Highway 43Thomasville, AL 36784
Semmes Branch4276 Mccrary Road, Ste FSemmes, AL 36575

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.