Reposition
The Mission of Merchants Bank of Alabama is to provide high quality financial products and to promote stability and economic growth within the community. This focus will facilitate long term growth and enhanced profitability, which will benefit its customers, employees, and shareholders. Merchants Bank of Alabama has been providing quality customer service since 1907. By remaining a locally owned, independent, community bank it can best meet the unique needs of our community.
Merchants Bank - Recent News & Articles
Interest rates are coming down, but only after one of the most brutal monetary tightening periods in modern history. And they’re probably coming down ...
Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Ba...
ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission may turbocharge ...
The new research looks at the UK’s banking sector and how it compares to other G8 countries. It notes that as a result of deregulation reforms, stable...
Inflation in the euro area rose from 1.7% to 2% in October, flash figures showed Thursday, coming in slightly higher than the 1.9% forecast. Core inf...
Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and tr...
Growth in the payments industry, which was once characterized by rapid expansion, is now slowing as the shift from cash to digital payments has reache...
Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions....
In a significant move to counteract international sanctions and reduce dependency on the global financial system Swift, Russia has called on BRICS nat...
The European Central Bank on Thursday cut its key interest rate to 3.25%, in its third quarter-percentage-point reduction of the year. The move had be...