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Merchants Bank, National Association

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Deposit Rates - July 24, 2021

SAVINGS RATES	APY	MIN	MAX
Savings	0.05%	$2,500	$4,999	Compare
Savings	0.10%	$2,500	$4,999	Compare

CD RATES	APY	MIN	MAX
6 Mo CD	0.25%	$10,000	$14,999	Compare
6 Mo CD	0.10%	$10,000	$14,999	Compare
6 Mo CD	0.20%	$10,000	$14,999	Compare
6 Mo CD	0.25%	$100,000	$199,999	Compare
6 Mo CD	0.10%	$100,000	$199,999	Compare
6 Mo CD	0.20%	$100,000	$199,999	Compare
Special: 9 Mo CD	0.25%	$2,500	-	Compare
Special: 9 Mo CD	0.75%	$10,000	-	Compare
Special: 11 Mo CD	0.60%	$500	-	Compare
12 Mo CD	0.30%	$10,000	$14,999	Compare
12 Mo CD	0.15%	$10,000	$14,999	Compare
12 Mo CD	0.35%	$10,000	$14,999	Compare
12 Mo CD	0.32%	$10,000	$14,999	Compare
12 Mo CD	0.30%	$100,000	$199,999	Compare
12 Mo CD	0.15%	$100,000	$199,999	Compare
12 Mo CD	0.35%	$100,000	$199,999	Compare
12 Mo CD	0.32%	$100,000	$199,999	Compare
Special: 17 Mo CD	0.50%	$500	-	Compare
Special: 17 Mo CD	0.35%	$500	-	Compare
18 Mo CD	0.30%	$10,000	$14,999	Compare
18 Mo CD	0.15%	$10,000	$14,999	Compare
18 Mo CD	0.35%	$10,000	$14,999	Compare
18 Mo CD	0.32%	$10,000	$14,999	Compare
18 Mo CD	0.30%	$100,000	$199,999	Compare
18 Mo CD	0.15%	$100,000	$199,999	Compare
18 Mo CD	0.35%	$100,000	$199,999	Compare
18 Mo CD	0.32%	$100,000	$199,999	Compare
Special: 19 Mo CD	0.35%	$2,500	-	Compare
Special: 19 Mo CD	0.85%	$10,000	-	Compare
24 Mo CD	0.40%	$10,000	$14,999	Compare
24 Mo CD	0.24%	$10,000	$14,999	Compare
24 Mo CD	0.50%	$10,000	$14,999	Compare
24 Mo CD	0.42%	$10,000	$14,999	Compare
24 Mo CD	0.40%	$100,000	$199,999	Compare
24 Mo CD	0.24%	$100,000	$199,999	Compare
24 Mo CD	0.50%	$100,000	$199,999	Compare
24 Mo CD	0.42%	$100,000	$199,999	Compare
Special: 27 Mo CD	0.50%	$500	-	Compare
Special: 27 Mo CD	0.35%	$500	-	Compare
Special: 29 Mo CD	0.50%	$2,500	-	Compare
Special: 29 Mo CD	1.00%	$10,000	-	Compare
30 Mo CD	0.45%	$10,000	$14,999	Compare
30 Mo CD	0.29%	$10,000	$14,999	Compare
30 Mo CD	0.55%	$10,000	$14,999	Compare
30 Mo CD	0.45%	$100,000	$199,999	Compare
30 Mo CD	0.29%	$100,000	$199,999	Compare
30 Mo CD	0.55%	$100,000	$199,999	Compare
36 Mo CD	0.50%	$10,000	$14,999	Compare
36 Mo CD	0.44%	$10,000	$14,999	Compare
36 Mo CD	0.60%	$10,000	$14,999	Compare
36 Mo CD	0.48%	$10,000	$14,999	Compare
36 Mo CD	0.50%	$100,000	$199,999	Compare
36 Mo CD	0.44%	$100,000	$199,999	Compare
36 Mo CD	0.60%	$100,000	$199,999	Compare
36 Mo CD	0.48%	$100,000	$199,999	Compare
Special: 37 Mo CD	0.50%	$500	-	Compare
Special: 37 Mo CD	0.35%	$500	-	Compare
Special: 37 Mo CD	0.65%	$10,000	-	Compare
48 Mo CD	0.50%	$10,000	$14,999	Compare
48 Mo CD	0.44%	$10,000	$14,999	Compare
48 Mo CD	0.60%	$10,000	$14,999	Compare
48 Mo CD	0.48%	$10,000	$14,999	Compare
48 Mo CD	0.50%	$100,000	$199,999	Compare
48 Mo CD	0.44%	$100,000	$199,999	Compare
48 Mo CD	0.60%	$100,000	$199,999	Compare

MM RATES	APY	MIN	MAX
Money Market	0.05%	$2,500	$2,999	Compare
Money Market	0.08%	$2,500	$2,999	Compare
Money Market	0.10%	$2,500	$2,999	Compare
Money Market	0.10%	$10,000	$14,999	Compare
Money Market	0.12%	$10,000	$14,999	Compare
Money Market	0.05%	$10,000	$14,999	Compare
Money Market	0.15%	$25,000	$29,999	Compare
Money Market	0.18%	$25,000	$29,999	Compare
Money Market	0.10%	$25,000	$29,999	Compare
Money Market	0.20%	$25,000	$29,999	Compare
Money Market	0.12%	$25,000	$29,999	Compare

PREMM RATES	APY	MIN	MAX
Premium Money Market	0.50%	$10,000	$14,999	Compare
Premium Money Market	0.50%	$25,000	$34,999	Compare

FIXED IRA RATES	APY	MIN	MAX
Special: 9 Mo FIRA	0.25%	$2,500	-
Special: 9 Mo FIRA	0.75%	$10,000	-
Special: 11 Mo FIRA	0.60%	$500	-
Special: 17 Mo FIRA	0.35%	$500	-
Special: 17 Mo FIRA	0.50%	$500	-
Special: 19 Mo FIRA	0.35%	$2,500	-
Special: 19 Mo FIRA	0.85%	$10,000	-
Special: 27 Mo FIRA	0.50%	$500	-
Special: 27 Mo FIRA	0.35%	$500	-
Special: 29 Mo FIRA	0.50%	$2,500	-
Special: 29 Mo FIRA	1.00%	$10,000	-
Special: 37 Mo FIRA	0.50%	$500	-
Special: 37 Mo FIRA	0.35%	$500	-

VARIABLE IRA RATES	APY	MIN	MAX
Var IRA	0.10%	$1	$499
Var IRA	0.05%	$1	$499

INT CHECKING RATES	APY	MIN	MAX
Int Ckg	0.05%	$1	$99
Int Ckg	0.08%	$1	$99
Int Ckg	0.05%	$2,500	$3,499
Int Ckg	0.10%	$2,500	$3,499
Int Ckg	0.08%	$2,500	$3,499

Featured Home Equity Rates

Lender APR(%) Min.Initial
Draw Amount Learn More
Sponsored

Advertiser Disclosure

Third Federal Savings and Loan
NMLS ID: 449401 / Updated 2021-07-23
Equal Housing Lender

2.240 %

Third Federal rate are typically 20% lower than other leaders
Guaranteed Lowest Rate
No closing costs, prepayment penalties, or minimum draw requirements
10 year draw period

Bethpage Federal Credit Union
NMLS ID: 449104 / Updated 2021-07-23
Equal Housing Lender

Intro APR: 2.990 %
After Intro:3.750 %
Intro Period: 12 months

$25,000

Rates as low as 3.25%
Prime Rate as of 3/16/2020 = 3.25% (Wall Street Journal).
No application or closing costs

BMO Harris Bank
NMLS ID: 401052 / Updated 2021-07-23
Equal Housing Lender

4.840 %

Minimum monthly payment will vary based on outstanding balance and APR
Payments do not include taxes or insurance.

Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.

Featured 30-Year Fixed Mortgage Rates

Lender APR(%) Monthly Payment Learn More
Sponsored

Advertiser Disclosure

Zillow Home Loans, LLC
NMLS ID: 10287

2.972%

$1,038

Feel at home with a lender you trust!

New American Funding
NMLS ID: 6606

2.853%

$1,021

Direct Lender offering low rates, fast closings, and impeccable service
FHA, VA, Conventional, HARP, Jumbo and Reverse Mortgage
All-inclusive Direct Lender – no broker fees

Wyndham Capital Mortgage
NMLS ID: 2948

2.796%

$1,021

The Nation's Most Referable Lender

AmeriSave Mortgage Corporation
NMLS ID: 1168
License#: MC-2462

2.686%

$1,005

Rate Quote with NO Personal Info Required
LOW Rates!
FAST Online Process

Quicken Loans NMLS #3030
NMLS ID: 3030

3.465%

$1,106

A+ Rating with the Better Business Bureau!

Wyndham Capital Mortgage
NMLS ID: 2948

2.796%

$1,021

The Nation's Most Referable Lender

Beeline Loans, Inc.
NMLS ID: 1799947

2.562%

$988

Apply online to get your real rate and a result in 15 mins, not days.
Guaranteed lowest rates. More reliable than a typical pre-approval.
Skip the grueling application. Forget the flakey pre-approval.

AimLoan.com
NMLS ID: 2890
License#: MC-3098

2.557%

$988

21 years of experience as online direct lender
Lending in all 50 states from one location allows us to offer lower rates
Transparent website shows rates with no personal information required

Rocket Mortgage
NMLS ID: 3030

3.243%

$1,071

A+ Rating with the Better Business Bureau

New American Funding
NMLS ID: 6606

2.853%

$1,021

Direct Lender offering low rates, fast closings, and impeccable service
FHA, VA, Conventional, HARP, Jumbo and Reverse Mortgage
All-inclusive Direct Lender – no broker fees

Zillow Home Loans, LLC
NMLS ID: 10287

2.972%

$1,038

Feel at home with a lender you trust!

Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.

Overview 2021

General Bank Information

FDIC Insured	Yes
FDIC Certificate	# 8866
Date Established	1875
Assets	$ 2.75 billion
Loans	$ 1,739.42 million
Deposits	$ 2.43 billion
Capital	$ 261.68 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions	$ 712.27 million
Interest-bearing balances	$ 678.17 million
Total securities	$ 129.02 million
Federal funds sold and reverse repurchase	$ 0.62 million
Net loans and leases	$ 1,739.42 million
Loan loss allowance	$ 31.60 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	$ 2.58 million
Goodwill and other intangibles	$ 52.15 million
All other assets	$ 70.22 million
Total Assets	$ 2.48 billion

LIABILITIES
Total deposits	$ 2.43 billion
Interest-bearing deposits	$ 1,830.13 million
Deposits held in domestic offices	$ 2.43 billion
% insured (estimated)	70.87%
Federal funds purchased and repurchase agreements	$ 15.01 million
Trading liabilities	N.A.
Other borrowed funds	$ 14.78 million
Subordinated debt	N.A.
All other liabilities	$ 20.91 millionn
Total Liabilities	$ 2.48 billion
Shareholders’ Equity	$ 261.68 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income	$ 23.65 million
Total Interest Expense	$ 1.95 million
Net interest income	$ 21.69 million
Provision for loan and lease losses	$ 0.29 million
Total non interest income	$ 9.46 million
Total non interest expense	$ 17.01 million
Pre-tax Net Operating Income	$ 13.85 million

Merchants Bank, National Association is an FDIC insured institution headquartered at 100-106 East Third Street, Winona, MN 55987.
It was founded in 1875 and has approximately $3 billion in assets. Customers can open an account at one of its 23 branches.

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Merchants Bank, National Association

Branches

Merchants Bank, National Association Locations

Deposit Rates - July 24, 2021

Featured Home Equity Rates

Featured 30-Year Fixed Mortgage Rates

Overview 2021

General Bank Information

Summary Balance Sheet

Summary Income Statement

Customer Reviews for Merchants Bank, National Association

Other Banks to Consider