Merchants & Planters' Bank, BATESVILLE MAIN OFFICE

Name:Merchants & Planters' Bank, BATESVILLE MAIN OFFICE
Limited Service Facility Office
Review: 1star1 client review
Location:555 E Main St
Batesville, AR 72501

Independence County
View Other Branches
 
Phone:870-793-3600
FDIC Cert:#16464
Established:07/01/1998


The Bank

Name:Merchants & Planters' Bank
Concentration:Agricultural Specialization
Established:08/06/1946
FDIC Insurance:08/06/1946
Holden By:M&P CMTY BANCSHARES 401 K EMPLOYEE STK OWNERSHIP PLAN
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:12, view all, view on map
Website:http://www.mandp.bank
Total Assets:$332,714,000
Total Deposits:$297,760,000
Total Equity Capital:$29,916,000
Total Domestic Office Deposits:$297,760,000
Net Income:$581,000
Quarterly Net Income:$581,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:8%
Quarterly Return on Equity:8%
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Client Review

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

Customer
 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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