Online Banking Update: We are currently experiencing some issues following a recent system upgrade. Some customers may notice delays with payments, certain transfers, and the display of rates on select CD accounts. Our teams are actively working to resolve these issues and restore full functionality as quickly as possible. If you need immediate assistance, please contact us at 844.222.6562.

Our Services

Merchants Bank is a high-performing financial institution focused on delivering innovative banking and lending solutions across multiple segments of the bank, including retail and correspondent residential mortgage banking, multifamily financing, business and agricultural lending, mortgage warehouse financing, and traditional banking services. Headquartered in Indiana, Merchants Bank serves customers nationwide through our banking centers, regional production offices, and digital banking platform. Driven by a culture of execution, teamwork, and service, we are committed to building long-term relationships and delivering meaningful value to the communities we serve.

Money Market

Our money market rates are nearly 10 times the national average

Flex Index CD

Our Flex Index CD flexes, so you earn a great rate

Fixed Rate CD

 A traditional Certificate of Deposit is a great way to earn higher interest rates

All in One Loan

Save tens of thousands of dollars in mortgage interest

Merchants Bank News

Merchants Bank Opens New Branch in Bloomington

5 Tips to Help Protect Your Money and Data from Scammers

The Merchants Team Finds Gratitude Through Giving Back

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