Merchants Bank of Alabama is headquartered in Cullman and is the 40th largest bank in the state of Alabama. It is also the 2,365th largest bank in the nation. It was established in 1907 and as of September of 2017, it had grown to 86 employees at 5 locations. Merchants Bank of Alabama has an A health rating.
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.
|FDIC Certificate #||46|
|Return on Assets - YTD||0.83%|
|Return on Equity - YTD||8.89%|
|Annual Interest Income||$7.6MM|
|Assets and Liabilities|
|Assets||Q3 2017vs Q3 2016||$274.5MM$271.2MM|
|Loans||Q3 2017vs Q3 2016||$164.0MM$154.9MM|
|Deposits||Q3 2017vs Q3 2016||$247.5MM$244.0MM|
|Equity Capital||Q3 2017vs Q3 2016||$25.8MM$25.9MM|
|Loan Loss Allowance||Q3 2017vs Q3 2016||$1.8MM$1.7MM|
|Unbacked Noncurrent Loans||Q3 2017vs Q3 2016||$699.00K$638.00K|
|Real Estate Owned||Q3 2017vs Q3 2016||$1.3MM$2.0MM|
Sorry, we do not have rate data for Merchants Bank of Alabama.
|Merchants Bank of Alabama Locations|
|Arab Branch||1096 North Brindlee Mountain Parkway||Arab, AL 35016|
|Fairview Branch||44 Butler Street||Cullman, AL 35058|
|Highway 157 Branch||4855 Highway 157, Northwest||Cullman, AL 35055|
|Merchants Bank Of Alabama||900 Second Avenue, Sw||Cullman, AL 35055|
|Hanceville Branch||906 Main Street, Ne||Hanceville, AL 35077|