Featured Savings Rates
Featured Accounts

Merchants Bank (AL)

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.31%5-year CD5 Year CD
0.40%1-year CD1 Year CD
0.15%SavingsRegular Savings

Overview / Commentary
251-246-4425
1901 North College Avenue
Jackson, AL 36545

Merchants Bank (AL) is headquartered in Jackson and is the 58th largest bank in the state of Alabama. It is also the 2,907th largest bank in the nation. It was established in 1962 and as of December of 2016, it had grown to 62 employees at 6 locations. Merchants Bank (AL) has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #18637
Year Established1962
Employees62
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD8.76%
Annual Interest Income$8.3MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$208.8MM$205.0MM
LoansQ4 2016vs Q4 2015$130.7MM$118.9MM
DepositsQ4 2016vs Q4 2015$184.4MM$181.5MM
Equity CapitalQ4 2016vs Q4 2015$23.3MM$22.4MM
Loan Loss AllowanceQ4 2016vs Q4 2015$1.5MM$1.5MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$3.0MM$3.4MM
Real Estate OwnedQ4 2016vs Q4 2015$362.00K$1.4MM
Rates
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* 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
1.31%$1k-5 Year CD
1.15%$1k-4 Year CD
0.80%$1k-3 Year CD
0.75%$1k-30 Month CD
0.70%$1k-2 Year CD
0.50%$1k-18 Month CD
0.40%$1k-1 Year CD
0.25%$1k-6 Month CD

Merchants Bank (AL) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%$1k-60 Month IRA
0.45%$1k-18 Month Variable Rate IRA
0.35%$1k-12 Month IRA
0.20%$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