The mission of Merchants Bank is to continue the practices which have earned us a reputation for friendliness, honesty and financial soundness. We will respond to the changing needs of our customers and constantly seek new methods for improving service….At Merchants Bank, we are committed to the collective betterment of our customers, shareholders, employees and community. Using innovative technology, products and management concepts, we will actively pursue beneficial opportunities for growth and expansion.

 






   
 
©2011 Merchants Bank. All rights Reserved.
 
 
1901 College Avenue , Jackson , Alabama 36545
Privacy Policy

 
 

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE
COVERAGE FOR TRANSACTION ACCOUNTS

 
 

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
 
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.