Merchants & Marine Bank CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

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Merchants & Marine BankToday's 12-month CD rates can be found at 1.75%, 6-month CD rates at 0.20% and 3-month CD rates at 0.10%. Current savings rates are at 0.20% and money market rates are at 2.00%. Mortgage rates today on 30-year fixed loans are around 6.32%. Credit Card rates are at 13.04%. Personal Loan rates are at 6.46%. All these rates, and more, can be found in our database of rates.

To see how these rates compare to Merchants & Marine Bank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Merchants & Marine Bank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Merchants & Marine Bank CD rates. You can also compare Merchants & Marine Bank savings rates, MMA rates and mortgage rates using our other rate lists.

Merchants & Marine Bank 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 & Marine Bank? Share your experience about Merchants & Marine Bank by leaving a review below, or read customer reviews before you decide to use Merchants & Marine Bank.

Merchants & Marine Bank Texas Ratio

Merchants & Marine Bank's Texas Ratio is at 3.72%, which is considered excellent. The Texas Ratio for Merchants & Marine Bank is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, Merchants & Marine Bank is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

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Merchants & Marine Bank
3118 Pascagoula St
Pascagoula, MS 39567
Member FDIC
MonitorBankRates' Rating
5/5
★★★★★

Merchants & Marine Bank Information

Merchants & Marine Bank
3118 Pascagoula St
Pascagoula, MS 39567
Jackson
Established Date: 01/11/1932
FDIC Certificate #: 12203
Date of FDIC Deposit Insurance: 01/01/1934
Bank Holding Company: MERCHANTS&MARINE BCORP INC
How Many Domestic U.S. Offices? 16
How Many Branches are There? 18
Is Merchants & Marine Bank FDIC Insured? Yes
What is Merchants & Marine Bank's Cert number? 12203
What is the maximum amount for insured deposits? $250,000 per holder, per account

Merchants & Marine Bank Financials

Total Assets:
$673,060,000
Total Deposits:
$518,471,000
Equity Capital:
$90,512,000
Domestic Deposits:
$518,471,000
Net Income:
$714,000
Return on Assets:
1.0932%
Quarterly Return on Assets:
0.4200%
Pretax Return on Assets:
0.4636%
Pretax Quarterly Return on Assets:
0.4600%
Return on Equity:
8.4000%
Quarterly Return on Equity:
3.1500%
Common Equity Tier 1 Capital Ratio:
20.5209%
Tier 1 Risk-Based Capital Ratio:
20.5209%
Leverage Tier 1 (Core Capital) Ratio:
15.3249%
Total Risk-Based Capital Ratio (YTD):
21.7768%
Total Interest Income (YTD):
5.1560%
 
 
Headquarters:
Pascagoula
FDIC Field Office:
Jackson Ms
Regulator:
FDIC
County:
Jackson
# of Offices:
16
Metropolitan Statistical Area (MSA):
Gulfport-Biloxi, MS
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region:
West
FDIC Region:
Dallas
Source: FDIC Last Updated 03/31/2024

Explore Other Rate Deals

Mortgage rates dropped to new all-time lows in the Mortgage Bankers Association's Weekly Mortgage Application Survey. Since the MBA's report mortgage rates todays have moved higher again as 10 year bond yields increased from a low of 1.43 percent on Friday to 1.65 percent yesterday. As a result current mortgage rates on 30 year loans are averaging 3.77 percent today, an increase from Friday's low of 3.70 percent.
Listed below are the top savings rates and money market rates for the week ending August 14th. The only increase in the top rates was from EverBank, the bank increased their promo money market rate from 1.01% APY to 1.10% APY.

Bank or Credit Union Offers and Deals

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