Merit Bank is a full-service commercial bank chartered in Alabama and headquartered in Huntsville. The bank focuses on delivering local community bank service and best-in-class banking technology. The bank offers commercial, consumer and private banking services, along with treasury management and electronic banking, as well as agricultural and home mortgage lending. Merit Bank opened Huntsville headquarters in July 2019 and recently surpassed $500 million in assets.
Merit Bank has earned Bauer Financial, Inc.'s highest (5-Star) rating for strength and stability. Achievement of this coveted 5-Star rating puts Merit Bank in an elite category as one of the strongest banks in the nation. Bauer Financial, the nation's premier bank rating firm, has been evaluating and rating banks since 1983. Earning a 5-Star Superior rating means Merit Bank excels in areas of capital, loan quality, profitability and more. Merit Bank has earned Bauer's highest rating for 12 consecutive quarters.