Merchants Bank of Indiana CD Rates, Savings & MMA, Mortgage & Loan Rates, ReviewsTo see how these rates compare to Merchants Bank of Indiana CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Merchants Bank of Indiana, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Merchants Bank of Indiana CD rates. You can also compare Merchants Bank of Indiana savings rates, MMA rates and mortgage rates using our other rate lists. Merchants Bank of Indiana money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Merchants Bank of Indiana? Share your experience about Merchants Bank of Indiana by leaving a review below, or read customer reviews before you decide to use Merchants Bank of Indiana. Merchants Bank of Indiana Texas Ratio Merchants Bank of Indiana's Texas Ratio is at 4.71%, which is considered excellent. The Texas Ratio for Merchants Bank of Indiana is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing. Overall, Merchants Bank of Indiana is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars. Merchants Bank of Indiana CD Rates and Interest Rates![]() Merchants Bank of Indiana
6-Month CD
4.25%
$1,000
![]() Merchants Bank of Indiana
Money Market
4.25%
$50
![]() Merchants Bank of Indiana
12-Month CD
3.75%
$1,000
![]() Merchants Bank of Indiana
24-Month CD
3.37%
$1,000
![]() Merchants Bank of Indiana
18-Month CD
3.32%
$1,000
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts. Compare Merchants Bank of Indiana Rates with Other Competitive Bank and Credit Union Rates![]() Regional Missouri Bank
12-Month CD (Jumbo)
4.47%
$50,000
![]() Fidelity
6-Month CD
4.25%
$1,000
![]() TAB Bank
12-Month CD
4.21%
$1,000
![]() Finworth
12-Month CD
4.20%
$50,000
![]() Citizens Savings Bank Spillville, IA
6-Month CD
4.20%
$1,000
Show More
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts. Mortgage Rates March 24, 2025Show More
The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed. Merchants Bank of Indiana InformationMerchants Bank of Indiana
410 Monon BlvdCarmel, IN 46032 Hamilton Established Date: 06/23/1923 FDIC Certificate #: 8056 Date of FDIC Deposit Insurance: 01/01/1934 Bank Holding Company: MERCHANTS BCORP How Many Domestic U.S. Offices? 10 How Many Branches are There? 6
Is Merchants Bank of Indiana FDIC Insured? Yes
What is Merchants Bank of Indiana's Cert number? 8056
What is the maximum amount for insured deposits? $250,000 per holder, per account
Merchants Bank of Indiana FinancialsTotal Assets:
$17,739,648,000
Total Deposits:
$14,018,401,000
Equity Capital:
$1,719,140,000
Domestic Deposits:
$14,018,401,000
Net Income:
$87,610,000
Return on Assets:
1.8261%
Quarterly Return on Assets:
2.0200%
Pretax Return on Assets:
2.6536%
Pretax Quarterly Return on Assets:
2.6500%
Return on Equity:
18.0100%
Quarterly Return on Equity:
20.5300%
Common Equity Tier 1 Capital Ratio:
10.9416%
Tier 1 Risk-Based Capital Ratio:
10.9416%
Leverage Tier 1 (Core Capital) Ratio:
10.1264%
Total Risk-Based Capital Ratio (YTD):
11.4834%
Total Interest Income (YTD):
7.1763%
Headquarters:
Carmel
FDIC Field Office:
Indianapolis
Regulator:
FDIC
County:
Hamilton
# of Offices:
10
Metropolitan Statistical Area (MSA):
Indianapolis-Carmel-Anderson, IN
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region:
Central
FDIC Region:
Chicago
Source: FDIC Last Updated 03/31/2024
Explore Other Rate Deals![]() Current mortgage rates on 15 year conforming loans are averaging 2.81 percent today. Average 15 year rates are just above record lows of 2.74 percent set back in October. In the coming year we will probably see average 15 year rates make new lows around 2.65 percent but you can already find many lenders quoting 15 year mortgage refinance rates well below these rates with and without mortgage discount points.
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