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

Merchants Bank (AL) is headquartered in Jackson and is the 56th largest bank in the state of Alabama. It is also the 2,872nd largest bank in the nation. It was established in 1962 and as of March of 2017, it had grown to 61 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
Employees61
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD5.07%
Annual Interest Income$2.0MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$212.4MM$209.9MM
LoansQ1 2017vs Q1 2016$133.4MM$120.8MM
DepositsQ1 2017vs Q1 2016$188.8MM$186.5MM
Equity CapitalQ1 2017vs Q1 2016$23.2MM$22.9MM
Loan Loss AllowanceQ1 2017vs Q1 2016$1.5MM$1.5MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$2.8MM$3.1MM
Real Estate OwnedQ1 2017vs Q1 2016$324.00K$1.2MM
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
1.51%$1k-5 Year CD
1.31%$1k-4 Year CD
0.95%$1k-3 Year CD
0.90%$1k-30 Month CD
0.80%$1k-2 Year CD
0.60%$1k-18 Month CD
0.45%$1k-1 Year CD
0.30%$1k-6 Month CD

Merchants Bank (AL) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.46%$1k-60 Month IRA
0.55%$1k-18 Month Variable Rate IRA
0.40%$1k-12 Month IRA
0.25%$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