Merchants & Planters' Bank

Name:Merchants & Planters' Bank
Full Service Brick and Mortar Office
Main Office of the Bank
Review: 1star1 client review
Location:120 Hazel St
Newport, AR 72112

Jackson County
View Other Branches
FDIC Cert:#16464

The Bank

Name:Merchants & Planters' Bank
Concentration:Agricultural Specialization
FDIC Insurance:08/06/1946
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:12, view all, view on map
Total Assets:$327,092,000
Total Deposits:$288,850,000
Total Equity Capital:$28,129,000
Total Domestic Office Deposits:$288,850,000
Net Income:$2,510,000
Return on Assets:1%
Return on Equity:9%

Client Review

1 client review of Merchants & Planters' Bank scored 1 out of 5.

 1star Overall Rating
 1star Interest Rate and Cost
 1star Office Environment & Staff
 2star Waiting Time
 1star Other Services
by Lioness, Aug. 27, 2020

I was needing a loan and my branch at Newark said it would be 8%, what? No way after all the years we did business with them, so I checked elsewhere. The one in Batesville on Main Street, loan officer said probably 5% or lower. I called the next day and he said I had to do business at Newark. What a joke the loan officer was, Andrew Brock was his name. I informed him that I would go to where I would get the best interest rate. I went to Citizens where I didn't even have an account and got a lower rate than where I had done business for 20 years. Humm, sad but true. No customer care.

* this reviewer has be with this bank for >10 years
* this reviewer had 3 - 5 banks before.
* this review was made on Merchants & Planters' Bank, Batesville Main Office at Batesville, AR
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