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The Murray Bank


Overview / Commentary
www.themurraybank.com
270-753-5626
405 South 12th Street
Murray, KY 42071

The Murray Bank is headquartered in Murray and is the 42nd largest bank in the state of Kentucky. It is also the 2,074th largest bank in the nation. It was established in 1999 and as of December of 2020, it had grown to 62 employees at 3 locations. The Murray Bank has an A health rating.

Reviews (1)

Great Experience

Posted by: |

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.

1


Health
A

Data as of Q4 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #35161
Year Established1999
Employees62
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.28%
Return on Equity - YTD13.29%
Annual Interest Income$12.7MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$367.8MM$313.8MM
LoansQ4 2020vs Q4 2019$233.5MM$227.8MM
DepositsQ4 2020vs Q4 2019$331.1MM$279.9MM
Equity CapitalQ4 2020vs Q4 2019$33.9MM$30.5MM
Loan Loss AllowanceQ4 2020vs Q4 2019$3.0MM$2.9MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$618.00K$960.00K
Real Estate OwnedQ4 2020vs Q4 2019$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$250k*-E-Savings
OTHER TIERS: 0.05% → Up to $20k | 0.30% → $20k - $100k | 0.35% → $100k - $250k
0.05%--Statement Savings
0.05%--Kids and Kash Club

The Murray Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$100k*-Personal Investment
OTHER TIERS: 0.10% → Up to $10k | 0.15% → $10k - $25k | 0.20% → $25k - $50k | 0.30% → $50k - $100k
0.40%*$100k*-Business Investment
OTHER TIERS: 0.10% → Up to $10k | 0.15% → $10k - $25k | 0.20% → $25k - $50k | 0.30% → $50k - $100k
0.05%*$25k*-Business Interest
OTHER TIERS: 0.03% → Up to $25k

The Murray Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%$1k-60 Month CD
0.50%$1k-48 Month CD
0.45%$1k-36 Month CD
0.40%$1k-30 Month CD
0.35%$1k-24 Month CD
0.30%$1k-18 Month CD
0.25%$1k-12 Month CD
0.15%$1k-6 Month CD
0.10%$1k-3 Month CD

The Murray Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%$50-60 Month Fixed IRA
0.40%$50-18 Month Variable IRA
0.35%$50-18 Month Fixed IRA
0.35%$50-24 Month Fixed IRA
0.30%$50-12 Month Fixed IRA
Locations


The Murray Bank Locations
The Murray Bank405 South 12th StreetMurray, KY 42071
700 B North 12th Street Branch700 B North 12th StreetMurray, KY 42071
The Murray Bank Hazel Branch405 Main StreetHazel, KY 42049

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