The Middlefield Banking Company

Overview / Commentary

www.middlefieldbank.bank

440-632-8115

15985 East High Street
Middlefield, OH 44062

The Middlefield Banking Company is headquartered in MIDDLEFIELD and is the 22^nd largest bank in the state of Ohio. It is also the 627^th largest bank in the nation. It was established in 1902 and as of June of 2024, it had grown to 262 employees at 21 locations. The Middlefield Banking Company's money market rates are 10X the national average, and it has an A health rating.

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Health

Data as of Q2 2024

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Health Grade Components

Overall
FDIC Certificate #	13716
Year Established	1902
Employees	262
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.11%
Return on Equity - YTD	9.7%
Annual Interest Income	$50MM

Assets and Liabilities
Assets	Q2 2024vs Q2 2023	$1.82B$1.75B
Loans	Q2 2024vs Q2 2023	$1.48B$1.39B
Deposits	Q2 2024vs Q2 2023	$1.47B$1.43B
Equity Capital	Q2 2024vs Q2 2023	$209.3MM$199.7MM
Loan Loss Allowance	Q2 2024vs Q2 2023	$21.8MM$20.6MM
Unbacked Noncurrent Loans	Q2 2024vs Q2 2023	$16MM$7.1MM
Real Estate Owned	Q2 2024vs Q2 2023	$0$5.8MM

Rates

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Savings
Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not The Middlefield Banking Company; we are a rate comparison website and cannot provide official rates or promotions.

* 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.

The Middlefield Banking Company Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%^*^†	$5k^*	-	IRA Savings
OTHER TIERS: 0.10% → $100 - $1k \| 0.20% → $1k - $2.5k \| 0.30% → $2.5k - $5k

The Middlefield Banking Company Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
4.50%^*	$10k^*	-	6 Month Money Market Special-New Money
OTHER TIERS: 0.15% → $0 - $2.5k \| 0.30% → $2.5k - $10k
4.50%^*	$10k^*	-	Business 6 Month Money Market Special-New Money
OTHER TIERS: 0.15% → $0 - $2.5k \| 0.30% → $2.5k - $10k
0.60%^*^†	$50k^*	-	Money Market Account
OTHER TIERS: 0.15% → $0 - $3k \| 0.30% → $3k - $25k \| 0.50% → $25k - $50k

The Middlefield Banking Company Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$0	$25k	Smart Rewards Checking
OTHER TIERS: 0.35% → $25k+

The Middlefield Banking Company CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.78%	$500	-	11 Month CD Special-New Money
0.90%^†	$500	-	60 Month CD
0.80%^†	$500	-	48 Month CD
0.70%^†	$500	-	36 Month CD
0.65%^†	$500	-	30 Month CD
0.60%^†	$500	-	24 Month CD
0.50%^†	$500	-	18 Month CD
0.45%^†	$500	-	12 Month CD
0.25%^†	$500	-	6 Month CD
0.20%^†	$500	-	3 Month CD

The Middlefield Banking Company IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%^†	$250	-	60 Month IRA
0.80%^†	$250	-	48 Month IRA
0.70%^†	$250	-	36 Month IRA
0.65%^†	$250	-	30 Month IRA
0.60%^†	$250	-	24 Month IRA
0.50%^†	$250	-	18 Month IRA
0.45%^†	$250	-	12 Month IRA

Locations

Availability

Cleveland Area

Cleveland Area bank & credit union details

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