The Murray Bank is headquartered in Murray and is the 37th largest bank in the state of Kentucky. It is also the 1,908th largest bank in the nation. It was established in 1999 and as of December of 2021, it had grown to 64 employees at 3 locations. The Murray Bank has an A health rating.
These are great people. They treat you like family. They helped set up with the business account and were very knowledgeable. They do not have the high fees like a lot of the other banks. They also offer an ice-cream van in the summer to take to the schools, etc. When I did make a mistake, they weren't judgemental like a lot of other banks, they helped me through it. I would recommend my bank to anyone.
Overall | |
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FDIC Certificate # | 35161 |
Year Established | 1999 |
Employees | 64 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 1.39% |
Return on Equity - YTD | 16.15% |
Annual Interest Income | $14.2MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $443.9MM$367.8MM |
Loans | Q4 2021vs Q4 2020 | $241.5MM$233.5MM |
Deposits | Q4 2021vs Q4 2020 | $403.7MM$331.1MM |
Equity Capital | Q4 2021vs Q4 2020 | $35.5MM$33.9MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $3.9MM$3.0MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $470.00K$618.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not The Murray Bank; 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.35%* | $250k* | - | E-Savings | ||
OTHER TIERS: 0.05% → Up to $20k | 0.20% → $20k - $100k | 0.25% → $100k - $250k | |||||
0.05% | - | - | Statement Savings | ||
0.05% | - | - | Kids and Kash Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.70% | $50 | - | 60 Month Fixed IRA | |
0.40% | $50 | - | 18 Month Variable IRA | |
0.40% | $50 | - | 24 Month Fixed IRA | |
0.30% | $50 | - | 12 Month Fixed IRA | |
0.30% | $50 | - | 18 Month Fixed IRA |
The Murray Bank Locations | ||
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The Murray Bank | 405 South 12th Street | Murray, KY 42071 |
700 B North 12th Street Branch | 700 B North 12th Street | Murray, KY 42071 |
The Murray Bank Hazel Branch | 405 Main Street | Hazel, KY 42049 |