Overview / Commentary
900 Second Avenue, Sw
Cullman, AL 35055

Merchants Bank of Alabama is headquartered in Cullman and is the 39th largest bank in the state of Alabama. It is also the 2,277th largest bank in the nation. It was established in 1907 and as of December of 2018, it had grown to 85 employees at 5 locations. Merchants Bank of Alabama has a B+ health rating.

Reviews (2)

Experience with Merchants Bank of Alabama

Posted by: Progege | Apr 10, 2018

I have been banking with Merchant's Bank of Alabama for about 4 years now. I was somewhat hesitant at first because it is just a local bank and I always just looked past them when considering a bank. Nonetheless, I decided to give them a try due to their excellent customer service. By that, I mean friendliness. There was something that just clicked when I went in to inquire about an account. They offered a checking account with no fees as well as a credit card with no fees. I am never charged for notary services and the tellers know be by name. That was something that was missing from the larger banks. Sometimes there can be something very cold about larger banks, but Merchants Bank made me feel welcome and at home. It's kind of like a local barber shop, you can sit and have a cup of coffee and chat with others. It's quite a bank and I'm glad I didn't just pass them by.

Review of Merchant's Bank

Posted by: Archier | Dec 9, 2017

My experience with Merchant's Bank has been very positive. Being a local bank, it seems to be much more personal and the employees get to know you on a first name basis. I have a personal checking account and a business account with Merchant's Bank. Quite often, I will need a cashier's check or will have to have a document notarized. There is no charge for notary services and cashier's checks are $5.00. I have had to work with Merchant's Bank on an ID theft issue and they were on it immediately and very helpful.


Health Grade Components

FDIC Certificate #46
Year Established1907
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.14%
Return on Equity - YTD12.61%
Annual Interest Income$11.3MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$284.1MM$269.8MM
LoansQ4 2018vs Q4 2017$176.3MM$164.2MM
DepositsQ4 2018vs Q4 2017$255.2MM$243.2MM
Equity CapitalQ4 2018vs Q4 2017$27.3MM$25.3MM
Loan Loss AllowanceQ4 2018vs Q4 2017$2.1MM$1.7MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$1.4MM$454.00K
Real Estate OwnedQ4 2018vs Q4 2017$1.2MM$1.3MM

Sorry, we do not have rate data for Merchants Bank of Alabama.


Merchants Bank of Alabama Locations
Arab Branch1096 North Brindlee Mountain ParkwayArab, AL 35016
Fairview Branch44 Butler StreetCullman, AL 35058
Highway 157 Branch4855 Highway 157, NorthwestCullman, AL 35055
Merchants Bank Of Alabama900 Second Avenue, SwCullman, AL 35055
Hanceville Branch906 Main Street, NeHanceville, AL 35077

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