The Murray Bank is headquartered in Murray and is the 46th largest bank in the state of Kentucky. It is also the 2,155th largest bank in the nation. It was established in 1999 and as of June of 2019, it had grown to 60 employees at 3 locations. The Murray Bank's savings rates are 3X the national average, and it has a B+ health rating.
Great Experience
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.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35161 |
| Year Established | 1999 |
| Employees | 60 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.31% |
| Return on Equity - YTD | 14.2% |
| Annual Interest Income | $6.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $307.5MM$310.1MM |
| Loans | Q2 2019vs Q2 2018 | $223.2MM$207.8MM |
| Deposits | Q2 2019vs Q2 2018 | $275.9MM$280.7MM |
| Equity Capital | Q2 2019vs Q2 2018 | $29.4MM$26.9MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $3.1MM$2.9MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $1.3MM$1.3MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$60.00K |
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.
The Murray Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.40%* | $25k* | - | E-Savings | ||
| OTHER TIERS: 0.20% → Up to $25k | |||||
| 0.20% | - | - | Statement Savings | ||
| 0.20% | - | - | Kids and Kash Club | ||
The Murray Bank Checking Account Rates
The Murray Bank CD Rates
The Murray Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.00% | $50 | - | 24 Month Fixed IRA | |
| 2.00% | $50 | - | 60 Month Fixed IRA | |
| 1.90% | $50 | - | 18 Month Variable IRA | |
| 1.75% | $50 | - | 18 Month Fixed IRA | |
| 1.50% | $50 | - | 12 Month Fixed IRA |
| The Murray Bank Locations | ||
|---|---|---|
| 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 |