US Bank Directory
Banks in Waterloo, AL
1 FDIC-insured bank operates 1 office in Waterloo, Alabama.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Waterloo
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 1 institution operates 1 location in Waterloo, according to the FDIC. 1 of them has coordinates on record and is on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.
Branches: FDIC, NCUA. Streets: loading.
1 location on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks in Waterloo
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: The Farmers & Merchants Bank is the only bank with an office in Waterloo. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
The Farmers & Merchants Bank Bank · 1
The Farmers & Merchants Bank has 1 branch in Waterloo, 2 across Alabama and 2 nationwide. FDIC records list its main office in Waterloo, AL and show it operating since 1914. With $98.3 million in total assets on June 30, 2026, it ranks No. 3,707 of 4,232 U.S. banks by total assets. Its main office at 320 Main St dates to 1914 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office320 Main St, 35677
Banking in Waterloo: the local picture
Short answer: 1 bank runs 1 branch in Waterloo according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
The Farmers & Merchants Bank has its main office in Waterloo, according to the FDIC.
The bank with the longest record here is The Farmers & Merchants Bank, operating since 1914 according to the FDIC.
The one location here does not publish hours in the sources this page uses. Each branch links to the bank's own site.
Chase, Bank of America and other national banks
Which big national banks have branches in Waterloo, and where the nearest one is if they do not.
Short answer: No branches in Waterloo: Chase (nearest in Florence, 25 mi), Wells Fargo (nearest in Florence, 25 mi), Bank of America, PNC Bank (nearest in Florence, 23 mi), U.S. Bank, Truist (nearest in Florence, 25 mi), Fifth Third Bank (nearest in Madison, 75 mi), Huntington (nearest in Hartselle, 72 mi), Regions Bank (nearest in Florence, 23 mi), TD Bank, BMO.
| Bank | In Waterloo | Nearest branch if none here |
|---|---|---|
| Chase | None | Florence, 25 miles away |
| Wells Fargo | None | Florence, 25 miles away |
| Bank of America | None | none in Alabama |
| PNC Bank | None | Florence, 23 miles away |
| U.S. Bank | None | none in Alabama |
| Truist | None | Florence, 25 miles away |
| Fifth Third Bank | None | Madison, 75 miles away |
| Huntington | None | Hartselle, 72 miles away |
| Regions Bank | None | Florence, 23 miles away |
| TD Bank | None | none in Alabama |
| BMO | None | none in Alabama |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Waterloo to the nearest branch in Alabama.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Waterloo residents like anyone else.
Banks near Waterloo
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Cherokee (12 miles) and Florence (24 miles). Florence, 24 miles away, has the most banks nearby: 15.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Cherokee, AL | 12 mi | 2 | 2 |
| Banks in Florence, AL | 24 mi | 15 | 28 |
| Banks in Tuscumbia, AL | 24 mi | 2 | 3 |
| Banks in Muscle Shoals, AL | 26 mi | 6 | 8 |
| Banks in Killen, AL | 30 mi | 3 | 3 |
| Banks in Red Bay, AL | 33 mi | 4 | 5 |
| Banks in Russellville, AL | 34 mi | 5 | 10 |
| Banks in Lexington, AL | 40 mi | 2 | 2 |
Bank branch openings and closings in Waterloo
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Waterloo between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Waterloo
Short answer: 1 institution has its main office in Waterloo: The Farmers & Merchants Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| The Farmers & Merchants Bank | Bank | $98.3 million | 1 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Waterloo by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Waterloo offices.
Short answer: The Farmers & Merchants Bank is the largest bank with offices in Waterloo, with $98.3 million in total assets on June 30, 2026, No. 3,707 among U.S. banks by total assets. 1 of the 1 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| The Farmers & Merchants Bank | $98.3 million | No. 3,707 | 1 | Waterloo, AL |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Waterloo: FAQ
How many banks are in Waterloo, AL?
Waterloo has 1 bank with 1 branch, according to FDIC data as of September 5, 2026.
Is there a The Farmers & Merchants Bank in Waterloo, AL?
Yes. FDIC data lists 1 The Farmers & Merchants Bank branch in Waterloo as of September 5, 2026, the main office at 320 Main St. The address and directions are under The Farmers & Merchants Bank above.
Is there a Chase in Waterloo, AL?
No. FDIC data lists no Chase branch in Waterloo as of September 5, 2026. The nearest is in Florence, about 25 miles away in a straight line.
Which banks are headquartered in Waterloo?
The Farmers & Merchants Bank has its main office in Waterloo, according to the FDIC.
What is the oldest bank in Waterloo?
The Farmers & Merchants Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1914.
Did any bank branches open or close in Waterloo in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Waterloo?
Nearby cities with more banks include Cherokee, Florence, Tuscumbia. Cherokee is 12 miles away with 2 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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