The Merchants National Bank is a bank based in Hillsboro, Ohio, established in 1879, with $1.3 billion in total assets across 17 branches. By Trust Grade it ranks 73rd of 157 banks we track in Ohio. Its capital ratio of 9.2% trails most similarly sized banks (28th percentile), versus a Ohio median of 10.3%. It was profitable over the most recent period, with a 1.07% return on assets. No consumer complaints against The Merchants National Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Merchants National Bank compares to Ohio peers
How we graded The Merchants National Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.2% capital ratio)
- Strongly profitable (ROA 1.07%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Merchants National Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (17)
- 188 W Main St, Logan, OH 43138
- 104 Jefferson St, Greenfield, OH 45123
- 1470 N High St, Hillsboro, OH 45133
- 128 S North St, Washington Court House, OH 43160
- 279 Lafayette St, London, OH 43140
- 2033 Hospital Dr, Batavia, OH 45103
- 181 Colemans Xing, Marysville, OH 43040
- 145 W Beech St, Hillsboro, OH 45133
- 117 S Washington St, Greenfield, OH 45123
- 100 N High St, Hillsboro, OH 45133
- 102 W State St, Georgetown, OH 45121
- 20 E Stimson Ave, Athens, OH 45701
- 370 N High St, Mount Orab, OH 45154
- 3473 E National Rd, Springfield, OH 45505
- 31348 Primmer Rd, Logan, OH 43138
- 1288 Wayne Rd, Wilmington, OH 45177
- 2829 Rombach Ave., Wilmington, OH 45177
Are deposits at The Merchants National Bank insured?
Yes. The Merchants National Bank is an FDIC-insured bank (FDIC certificate #6605). 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.
The Merchants National Bank: frequently asked questions
Is The Merchants National Bank a good bank?
The Merchants National Bank earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (9.2% capital ratio); Strongly profitable (ROA 1.07%).
Is The Merchants National Bank FDIC-insured?
Yes. The Merchants National Bank is a FDIC-insured bank (FDIC certificate #6605). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Merchants National Bank?
The Merchants National Bank holds $1.3 billion in total assets, ranking 73rd of 157 banks we track in Ohio. It operates 17 branches.
Does The Merchants National Bank have CFPB complaints?
No CFPB complaints against The Merchants National 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.
