Merit Bank

Headquartered in Huntsville, AL. Part of Merit Holdings Llc. FDIC certificate #15270 · Federal Reserve RSSD 290838.

Total assets

$525M

Deposits

$444M

Q1 2026

Active branches

Closings since Jan 2020

0 openings since Jan 2020

All locations →Quarterly financials →

Financial snapshot — Q1 2026

All quarters →

Net income (quarter)

$1M

Return on assets

0.97%

Return on equity

9.77%

Noncurrent loan rate

0.00%

Deposits by year (Summary of Deposits)

2019

2020

2021

2022

2023

2024

2025

Values in $ billions, June 30 of each year.

Closings by year

2023

Other network changes since 2020

3 branch relocations

Branches by state

Alabama 1

Recent closings

Merit Bank — Mentone, ALbank exits cityno other active branch recorded in city
5725 AL-117 · closed November 3, 2023

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.meritbank.com.