Please find below CD rates offered by Merchants Bank of Indiana.
| Balance | APY |
|---|---|
| $1,000+ | 3.82% |
Get answers to your questions about Merchants Bank of Indiana CD Rates below. Editorial and user-generated content is not provided, reviewed or endorsed by this issuer. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Yes, a Merchants Bank of Indiana account is FDIC-insured up to $250,000 per customer, per account ownership category. This means that even if Merchants Bank of Indiana fails, you will eventually be able to recover an individual account's balance up to $250,000.
If you have a joint account, each co-owner of the account is considered a separately insured customer. As a result, you can collectively recover the account's balance up to $500,000 in the event of a bank failure, assuming you have no other shared accounts.
Merchants Bank of Indiana Products Covered by FDIC Insurance
Currently, Merchants Bank of Indiana does not have any branches in Dublin, OH. It primarily operates branches in Indiana.
However, you can open an account with Merchants Bank of Indiana online. For the most up-to-date information please contact its customer service by phone at (317) 324-4660.
You can check the best CD rates available to ensure that whatever decision you make really fits your goals.
The 6-month Merchants Bank of Indiana CD has an APY of 3.50%. It requires a minimum opening deposit of $1,000.
Keep in mind that this feature may change without prior notice. For the most up‑to‑date information, visit Merchants Bank of Indiana's website or contact its customer service at (844) 222-6562.
You can compare the best 6-month CD rates here on WalletHub to ensure that whatever decision you go for really fits your goals.
Merchants Bank of Indiana has several branch locations primarily in Indiana, serving the cities of Carmel, Indianapolis, and Richmond.
To find the specific locations and working hours you can go to Merchants Bank of Indiana's website, or contact its customer service at (317) 324-4660.
You can check the best CD rates available for you to make sure that whatever decision you go for really fits your goals.
Yes, Merchants Bank of Indiana could be a good bank if you're looking for competitive rates, especially on money market accounts and CDs. These accounts often offer rates significantly higher than the national average. The bank offers checking and savings accounts, CDs, credit cards, loans, and mortgages, so you can potentially manage all your finances in one place.
However, you might consider other options if you prefer in-person banking, as Merchants Bank of Indiana only has a...
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