Earn up to 254% more with a Merchants State Bank checking account1

Merchants State Bank's rate for a interest checking beats the Sioux Falls Metro average by up to 254% and is eligible for a Datatrac Great Rate Award and earning you as much as $82 over 3 years on a Basic Checking.

Datatrac Great Rate Award
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Merchants State Bank - Basic Checking 0.75% APR2
Sioux Falls Metro Market Average - Basic Checking 0.21% APR2

About Datatrac

Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 329,654 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products.  www.datatrac.net

  1. $82 is the difference between the amount earned in interest between Merchants State Bank's rate at 0.75% APR compared to 0.21% APR for the Sioux Falls Metro market average over the life of a interest checking over 36 months.
  2. APY=Annual Percentage Yield. Datatrac’s comprehensive, unbiased research and analysis is updated each business day and is conducted independent of any financial institution.  There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact Merchants State Bank directly with any questions regarding their current rates and terms.

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About the Datatrac Great Rate Award®

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