Meramec Valley Bank

Headquarters

35 Marshall Road
Valley Park, MO 63088
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.60% 0.95% →
2-Year CD 0.70% 1.05% →
5-Year CD 1.00% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Meramec Valley Bank is an FDIC insured institution located in Valley Park, MO. It was founded in 1918 and has approximately $0.13 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 19200
Date Established 1918
Assets $ 128.99 million
Loans $ 104.68 million
Deposits $ 102.33 million
Capital $ 10.57 million
 

For a more detailed analysis of Meramec Valley Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $100 - Learn More
Money Market
0.15% $1,000 $24,999 Learn More
Money Market
0.25% $25,000 $99,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $1,000 - Learn More
6 Mo CD
0.30% $1,000 - Learn More
12 Mo CD
0.60% $1,000 - Learn More
18 Mo CD
0.65% $1,000 - Learn More
24 Mo CD
0.70% $1,000 - Learn More
36 Mo CD
0.80% $1,000 - Learn More
48 Mo CD
0.90% $1,000 - Learn More
60 Mo CD
1.00% $1,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 - Learn MoreShow Less

Loan Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Meramec Valley Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Meramec Valley Bank
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Branches

Meramec Valley Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Meramec Valley Bank Locations


Financial Details

Meramec Valley Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Meramec Valley Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Meramec Valley Bank U.S. Bank Average
4.44% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Meramec Valley Bank had $0 in non-current loans and $516,000 in owned real estate. To cover these potential losses it had $10,568,000 in equity and $1,046,000 in loans loss reserves. That gives it a Texas Ratio of 4.44%.

Return on Equity
Meramec Valley Bank U.S. Bank Average
7.6% 7.80%

Meramec Valley Bank has a Return on Equity of 7.6% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Meramec Valley Bank U.S. Bank Average
8.19% 12.68%

Meramec Valley Bank has a Capitalization of 8.19% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Meramec Valley Bank Balance Sheet Analysis

As of March 31, 2020, Meramec Valley Bank had assets of $128,994,000, loans of $104,677,000, and deposits of $102,330,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 5.74 million
Interest-bearing balances $ 4.28 million
Total securities $ 12.86 million
Federal funds sold and reverse repurchase $ 1.12 million
Net loans and leases $ 104.68 million
Loan loss allowance $ 1.05 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.52 million
Goodwill and other intangibles N.A.
All other assets $ 1.70 million
     Total Assets $ 118.43 million
LIABILITIES
Total deposits $ 102.33 million
      Interest-bearing deposits $ 84.46 million
      Deposits held in domestic offices $ 102.33 million
      % insured (estimated) 88.98%
Federal funds purchased and repurchase agreements $ 1.01 million
Trading liabilities N.A.
Other borrowed funds $ 14.90 million
Subordinated debt N.A.
All other liabilities $ 0.18 million
      Total Liabilities $ 118.43 million
      Shareholders’ Equity $ 10.57 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.39 million
Total Interest Expense $ 0.34 million
Net interest income $ 1.05 million
Provision for loan and lease losses $ 0.08 million
Total non interest income $ 0.10 million
Total non interest expense $ 0.87 million
Pre-tax Net Operating Income $ 0.20 million

Bank Loan Profile?

The top three loan types in Meramec Valley Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Missouri, Meramec Valley Bank has a significantly higher percent of Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 29.15
Multifamily
Mortgages
3.53
Credit Card Loans 0.28
Consumer Auto Loans 0.52
Small Business Loans 0.00
Construction and Development Loans 4.82
Commercial Real Estate 47.12
Commercial and Industrial Loans 14.52
Farm Loans 0.00

Frequently Asked Questions About Meramec Valley Bank

Branches and Savings

Is Meramec Valley Bank FDIC insured?

Yes. It is covered under FDIC Certificate #19200.

Why does Meramec Valley Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Meramec Valley Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Meramec Valley Bank a commercial bank?

Yes

Where are Meramec Valley Bank locations?

See branch locations nearby.

Is Meramec Valley Bank open on Saturdays?

Is Meramec Valley Bank open on Sundays?

What time does Meramec Valley Bank open?

What time does Meramec Valley Bank close?

Are Meramec Valley Bank ATMs Open 24/7?

Do Meramec Valley Bank ATMs accept cash deposits?

Can Meramec Valley Bank customers use other ATMs?

Do Meramec Valley Bank branches have notaries?

Will Meramec Valley Bank notarize my document?

What address for Meramec Valley Bank should I put for incoming ACH transfers?

Will the Meramec Valley Bank branch print checks?

Do Meramec Valley Bank checks expire?

Does Meramec Valley Bank require US citizenship to open account?

Can Meramec Valley Bank close my account?

Does Meramec Valley Bank Report to credit bureaus?

Does Meramec Valley Bank Use Equifax?

What is Meramec Valley Bank's ACH Routing Number?

What is Meramec Valley Bank's SWIFT code?

Products

Does Meramec Valley Bank offer mortgages?

Compare mortgage rates here.

Does Meramec Valley Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Meramec Valley Bank offer personal loans?

Compare personal loan rates here.

Does Meramec Valley Bank offer student loans?

Will Meramec Valley Bank cash a check?

Will Meramec Valley Bank redeem a savings bond?

Does Meramec Valley Bank cash savings bonds?

Will Meramec Valley Bank cash money orders?

Can Meramec Valley Bank issue a money order?

Does Meramec Valley Bank do currency exchange?

Background on The Bank

Who owns Meramec Valley Bank?

How long has Meramec Valley Bank been around?

Can Meramec Valley Bank transfer to other banks?

Does Meramec Valley Bank have quick pay?

Does Meramec Valley Bank accept rolled coins?

Will Meramec Valley Bank accept loose change?

Where is Meramec Valley Bank headquarters?

Customer Reviews for Meramec Valley Bank


  • July 23, 2017

    I wish I would have never heard of Meramec Valley Bank and used a bank of higher quality and more honor. Jim Jones is a vindictive person. I recommend you stay away from this "bank"

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