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Merchants Bank and Merchants Capital Celebrate Three Leaders Named to IBJ Media’s Indiana 250 List

Merchants Bank and Merchants Capital are thrilled to celebrate the recognition of three members of leadership within this year’s Indiana 250 list. Created and curated by IBJ Media – the parent company of The Indianapolis Business Journal, Inside Indiana Business, and Indiana Lawyer – the annual list recognizes the 250 most influential business and community leaders across Indiana.

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“I am honored to be included among this year’s honorees,” said Dunlap. “This recognition reflects the incredible team at Merchants Bank and the relationships we've built with our clients and communities. It's a privilege to be part of an organization committed to strengthening Indiana through service, partnership, and long-term investment.”

This is the first year that Michael Dunlap, President and CEO of Merchants Bank, has been named to the Indiana 250. Merchant's Capital President and CEO Michael Dury returns to the list for the third consecutive year, while Michael Petrie, Chairman and Co-Founder of Merchants Bank, is recognized for the fifth consecutive year.

“It's especially meaningful to see three members of our leadership team recognized this year,” Petrie said. “While these honors are awarded to individuals, they reflect the dedication of our entire organization. For decades, we've been committed to serving our clients, investing in our communities and helping businesses across Indiana grow, and it's rewarding to see that commitment recognized.”

Man smiling for a professional photo

Each year, IBJ Media editors evaluate nominees based on their professional achievements, community involvement, and influential impact. The selection process includes extensive research and consultation with leaders at the local, state, and community levels. The 250 selected honorees are categorized into 10 industries. Merchants’ leadership is recognized within the financial and business services category.

Mike Dury Headshot

“The strength of Indiana's business community comes from teams who are willing to collaborate, innovate, and invest in the future,” said Dury. “I’m proud to be recognized once again alongside individuals who are making a meaningful impact across our state.”

To learn more about this year’s Indiana 250 publication, please visit www.indiana250.com.

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