Featured Savings Rates
Featured Accounts

Merchants Bank, National Association

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.20%1-year CD12-23 Month CD
0.05%SavingsBasic Savings
0.37%3-year CD30-35 Month CD

Overview / Commentary
866-496-0522
100-106 East Third Street
Winona, MN 55987

Merchants Bank, National Association is headquartered in Winona and is the 8th largest bank in the state of Minnesota. It is also the 492nd largest bank in the nation. It was established in 1875 and as of March of 2017, it had grown to 388 employees at 23 locations. Merchants Bank, National Association's money market rates are 11% higher than the national average, and it has a B+ health rating.

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Merchants Bank (MN/WI) Offers "Growth Spurt" CD Specials - 7/23/2016

Merchants Bank (MN/WI) has Growth Spurt CD Specials: 25mo, 1.28% APY, $10k; 25mo, 1.40% APY, $25k; 45mo, 1.58% APY, $10k; and 45mo, 1.70% APY, $25k. New money only.

45-Month CD Special In Winona MN - 7/17/2016

La Crosse Tribune ad: 1.70% apy 45-month Growth Spurt CD, $25,000 min Merchant Bank branches listed in ad are in Winona

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Health
B+

Health Grade Components

Overall
FDIC Certificate #8866
Year Established1875
Employees388
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.61%
Return on Equity - YTD5.22%
Annual Interest Income$16.0MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$1.62B$1.59B
LoansQ1 2017vs Q1 2016$1.32B$1.26B
DepositsQ1 2017vs Q1 2016$1.35B$1.33B
Equity CapitalQ1 2017vs Q1 2016$191.2MM$181.2MM
Loan Loss AllowanceQ1 2017vs Q1 2016$18.2MM$15.2MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$20.4MM$7.7MM
Real Estate OwnedQ1 2017vs Q1 2016$1.3MM$1.5MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Merchants Bank, National Association Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.37%*$25k*-HSA Checking
OTHER TIERS: 0.15% Up to $5k | 0.17% $5k - $10k | 0.22% $10k - $15k | 0.29% $15k - $25k
0.36%*$200k*-IRA Savings Account
OTHER TIERS: 0.10% Up to $5k | 0.12% $5k - $25k | 0.17% $25k - $50k | 0.20% $50k - $100k | 0.28% $100k - $200k
0.25%--Winter FUNd
0.25%--Summer FUNd
0.07%*$2,500*-Advantage Savings
OTHER TIERS: 0.05% Up to $2,500
0.05%--Kids Savers Club
0.05%$50-Basic Savings

Merchants Bank, National Association Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.49%*$1m*-Diamond Money Market
OTHER TIERS: 0.10% Up to $5k | 0.14% $5k - $25k | 0.17% $25k - $50k | 0.21% $50k - $100k | 0.27% $100k - $200k | 0.37% $200k - $1mm
0.35%--ICS Money Market

Merchants Bank, National Association Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.49%*$1m*-Business Nonprofit Checking Tiered
OTHER TIERS: 0.10% Up to $5k | 0.14% $5k - $25k | 0.17% $25k - $50k | 0.21% $50k - $100k | 0.27% $100k - $200k | 0.37% $200k - $1mm
0.30%*$1m*$15mICS Demand Deposit
OTHER TIERS: 0.15% Up to $1mm | 0.20% $15mm+
0.25%--Repurchase Agreement
0.10%--Interest Bearing Business Checking
0.08%*$50k*-Partnership Banking
OTHER TIERS: 0.05% Up to $50k
0.08%*$50k*-Relationship Checking
OTHER TIERS: 0.05% Up to $50k
0.08%*$50k*-Veterans Preferred Banking
OTHER TIERS: 0.05% Up to $50k

Merchants Bank, National Association CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.45%$25k-37 Month CD Special ($25,000 New Money)
1.33%$10k-37 Month CD Special ($10,000 New Money)
1.25%$500-38 Month CD Special
1.15%$25k-17 Month CD Special ($25,000 New Money)
1.03%$10k-17 Month CD Special ($10,000 New Money)
0.70%$500-28 Month CD Special
0.52%$500-36 Month & Over CD
0.37%$500-30-35 Month CD
0.35%$500-14 Month CD Special
0.32%$500-24-29 Month CD
0.25%$100-12 Month Home Buyer's CD
0.20%$500-12-23 Month CD
0.10%$500-6-11 Month CD
0.05%$500-3-5 Month CD

Merchants Bank, National Association IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.45%$25k-37 Month IRA Special ($25,000 New Money)
1.33%$10k-37 Month IRA Special ($10,000 New Money)
1.25%$500-38 Month IRA CD Special
1.15%$25k-17 Month IRA Special ($25,000 New Money)
1.03%$10k-17 Month IRA Special ($10,000 New Money)
0.70%$500-28 Month IRA Special
0.52%$500-24 Month "Summit" IRA
0.52%$500-36 Month & Over IRA
0.37%$500-30-35 Month IRA CD
0.35%$500-14 Month IRA Special
0.32%$500-24-29 Month IRA CD
0.20%$500-12-23 Month IRA CD
0.10%$500-6-11 Month IRA CD
0.05%$500-3-5 Month IRA CD
Locations

Merchants Bank, National Association has 22 locations. Click to view all Merchants Bank, National Association locations.