Merchants Bank Review
Merchants Bank provides retail and commercial banking throughout Indiana and Ohio, with a focus on community and small‑business lending.
Customer Satisfaction
Established
Total Assets
Featured Products
Checking: | Merchants Advantage Checking | No monthly fee |
Savings: | Merchants Savings | 10.00% APY |
Credit: | Merchants Platinum Visa | 1% cash back |
Mortgage: | 30-Year Fixed | 4.00% interest rate |
Fee Rating
3.1/5
Lower is better
FDIC Insured
Yes
Certificate: 074900807
Digital Banking
4.0/5
Online & Mobile Experience
Branch Network
20
Physical Locations
Key Features
- Local decision‑making; small‑business expertise.
Bank Information
Routing Number
074900807
SWIFT Code
MCHSUS33
Branch Hours
Mon-Fri: 9am-5pm, Sat: 9am-12pm, Sun: Closed
Customer Service
1-800-666-2928
Mon–Fri 8am–5pm ET
Headquarters
Columbus, IN, USA
Years in Business
164 years (Est. 1861)
Login Information
Online Banking Login
Access Online Banking
Password Requirements
8–16 chars
Two-Factor Authentication
SMS
Forgot Password
Reset PasswordSecurity Features
SSL; auto‑logout
Login Instructions
Enter credentials → complete 2FA
Login Help
Call customer service: 1-800-666-2928
Hours: Mon–Fri 8am–5pm ET
Products & Services
Accounts & Products
Checking
Merchants Advantage Checking
Monthly Fee
$0
Minimum Balance
$0
Card Type
$Debit
Minimum Deposit
$25
Overdraft Fee
$30
ATM Fee
$2.5
Savings
Merchants Savings
APY
$10.00%
Annual Earnings
$10.00
Compounds
$Monthly
Minimum Balance
$25
Monthly Fee
$0
Withdrawal Limit
$6/month
Credit Card
Merchants Platinum Visa
Mortgage
30-Year Fixed
Interest Rate
$4%
APR
$4.125%
Term
$30 Years
Min Down Payment
$5%
Min Loan Amount
$40,000
Max Loan Amount
$500,000
Digital Banking Experience
Mobile App Rating
Very Good mobile experience
Online Banking
Very Good online experience
Customer Service
Very Good customer support
Digital Features
Ready to Start Banking with Merchants Bank?
Visit their website to explore account options and start your application