☰

Home›
Banks›
Merchants Bank National Association

iAdvertiser Disclosure

Merchants Bank National Association Rates & Review May 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Merchants Bank National Association provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: May 13, 2026

You can compare Merchants Bank National Association rates to other rates in our database, including 12-month CD rates currently at 0.30%, 6-month CD rates at 3.58% and 3-month CD rates at 1.65%. Savings rates are at 0.15% and money market rates are at 0.05%. Mortgage rates on 30-year fixed loans are around 6.18%. All these rates can be compared to Merchants Bank National Association rates. MonitorBankRates evaluates the financial stability of Merchants Bank National Association with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.07%. Rates were last updated on 05/13/2026.

Merchants Bank National Association money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Merchants Bank National Association? Share your experience about Merchants Bank National Association by leaving a review below, or read customer reviews before you decide to use Merchants Bank National Association.

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

2.07%

Excellent Lower than avg

Merchants Bank, National Association

100 E 3rd St
Winona, MN 55987

https://www.merchantsbank.com

Current Rate Availability

We do not have Merchants Bank National Association rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Merchants Bank National Association is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Merchants Bank National Association rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Merchants Bank National Association's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Merchants Bank National Association

Bank Holding Company MERCHANTS FINANCIAL GROUP INC

Address 100 E 3rd St, Winona, MN 55987 · Winona

Website https://www.merchantsbank.com

FDIC Certificate # 8866

Established 01/01/1875

FDIC Insurance Date 01/01/1934

Domestic Offices 22

Total Branches 22

Regulator OCC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 99/100

5.0

Exceptional Out of 5.0 Stars

2.07%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.1879%

Return on Equity (ROE) 10.3000%

Non-Performing Loans (NPL) 0.19%

Total Assets $2,898,711,000

Total Deposits $2,522,900,000

Equity Capital $335,617,000

Net Income $34,690,000

Headquarters Winona

Total Offices 22

Source: FDIC | Last Updated 12/31/2025

Customer Reviews

There are no reviews for Merchants Bank National Association yet. Feel free to create one below.

Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.

Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for Merchants Bank National Association

Frequently Asked Questions About Merchants Bank National Association

How many branches does Merchants Bank National Association operate?

Merchants Bank National Association currently maintains approximately 22 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Merchants Bank National Association does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Merchants Bank National Association provides members with tools to manage their accounts and build a solid financial history.

Does Merchants Bank National Association offer online and mobile banking?

Most modern institutions like Merchants Bank National Association provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.merchantsbank.com.