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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 57th largest bank in the state of Alabama. It is also the 2,835th largest bank in the nation. It was established in 1962 and as of June of 2017, it had grown to 60 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
Employees60
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD7.13%
Annual Interest Income$4.2MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$212.8MM$211.0MM
LoansQ2 2017vs Q2 2016$134.1MM$123.3MM
DepositsQ2 2017vs Q2 2016$187.2MM$185.7MM
Equity CapitalQ2 2017vs Q2 2016$24.4MM$24.5MM
Loan Loss AllowanceQ2 2017vs Q2 2016$1.6MM$1.5MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$3.2MM$2.9MM
Real Estate OwnedQ2 2017vs Q2 2016$323.00K$577.00K
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