Merit Bank is a bank based in Huntsville, Alabama, established in 1935, with $525 million in total assets across 1 branch. By Trust Grade it ranks 33rd of 93 banks we track in Alabama. Its capital ratio of 9.8% trails most similarly sized banks (44th percentile), versus a Alabama median of 10%. It was profitable over the most recent period, with a 0.97% return on assets. No consumer complaints against Merit Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Merit Bank compares to Alabama peers
How we graded Merit Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.8% capital ratio)
- Profitable (ROA 0.97%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Merit Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 3810 Governors Drive Nw, Huntsville, AL 35805
Are deposits at Merit Bank insured?
Yes. Merit Bank is an FDIC-insured bank (FDIC certificate #15270). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Merit Bank: frequently asked questions
Is Merit Bank a good bank?
Merit Bank earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (9.8% capital ratio); Profitable (ROA 0.97%).
Is Merit Bank FDIC-insured?
Yes. Merit Bank is a FDIC-insured bank (FDIC certificate #15270). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Merit Bank?
Merit Bank holds $525 million in total assets, ranking 33rd of 93 banks we track in Alabama. It operates 1 branch.
Does Merit Bank have CFPB complaints?
No CFPB complaints against Merit Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
