Merchants State Bank

Community Bank,

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About the Bank

Merchants State Bank was founded August 8, 1899. The original location was where Mane Attraction is currently located in Freeman. Due to the failure of a correspondent bank and the loss of the bank's deposits with that bank, Merchants State Bank was forced to close briefly in 1930. It reopened within three months, after the shareholders invested additional capital and repaid depositors.

Merchants State Bank Fees

  • National Average
  • Monthly Inactivity N/A $6
  • Non-Sufficient Fund (Overdraft) N/A $30
  • Stop Payment item N/A $27
  • Return Deposit N/A $13
  • Domestic Wire Transfer (Outbound) N/A $22
  • Domestic Wire Transfer (Inbound) N/A $10
  • Non-Bank ATM N/A $1

Locations & Hours

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