Meow is a financial technology company, not a bank.
Meow Technologies, Inc.
Meow is a financial technology company, not a bank.
Meow helps businesses in Darke County, Ohio apply for a high-interest business checking account from FirstBank, a Tennessee corporation; Member FDIC.
If your business is approved for a business checking account offered by FirstBank, a Tennessee corporation; Member FDIC, through Meow, you can access: | |||||
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Up to 5.02% | |||||
Check issuance, depending on the partner bank (see our terms) | |||||
Spend controls that allow you to set an "initiator" and "approver" for any wire or ACH transaction from our partner banks | |||||
Accounting integrations to Quickbooks, Xero and NetSuite | |||||
Multi-entity and multi-user accounts |
This table shows an overview of some financial health metrics for the top 5 community banks in Darke County, Ohio ranked by total deposits. This data is sourced from the Federal Deposit Insurance Corporation's (FDIC) BankFind Suite. The table shows data as of 12/31/23.
Bank Name | Year Founded | Branches | Total Deposits | Net Interest Margin | Return on Assets | Loan to Deposit Ratio | |
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Greenville National Bank | 1934 | 10 | $495m | 5.15% | 1.09% | 74.0% | |
Osgood Bank | 1915 | 5 | $338m | 3.65% | 1.56% | 55.9% | |
Greenville Federal | 1883 | 5 | $216m | 0.61% | -0.04% | 64.5% | |
The Farmers State Bank | 1919 | 8 | $197m | 4.22% | 1.25% | 66.8% | |
Versailles Savings And Loan Company | 1887 | 1 | $42m | 2.45% | 0.89% | 81.5% |
*Source: Federal Deposit Insurance Corporation's (FDIC) BankFind Suite for reporting period ending 12/31/23
Total Deposits: Deposits are the primary source of liquidity for a bank. They are used to fund loans and other investments, which generate income for the bank. A higher amount of deposits indicates a greater capacity to lend and invest, which can lead to higher profitability.
Net Interest Margin: A key profitability indicator for banks. It measures the difference between the interest income generated by the bank (from loans and other interest-earning assets) and the amount of interest paid out to their lenders (such as depositors), relative to the amount of their interest-earning assets.
Return on Assets: Measures the efficiency of a bank in using its assets to generate profit. It is calculated by dividing the net income of the bank by its total assets. A higher return on assets indicates that the bank is more efficiently managing its assets to produce income.
Loan to Deposit Ratio: Calculated by dividing the total loans and net leases of the bank by its total deposits. A higher ratio indicates that the bank is lending out more of its deposits, which can lead to higher profitability. However, a higher ratio also indicates that the bank has less liquidity to meet its obligations to depositors.
Click the button below to apply for a business checking account from FirstBank, a Tennessee corporation; Member FDIC.
For more information, take a look at our article on the key benefits of business checking accounts.