Bank in Carmel, INChecked Oct 10, 2026Updated
Merchants Bank of Indiana
- Best savings rate
- 3.75% APY Merchants Bank of Indiana High-Yield Money Market Account
- Accounts we track
- 5
Money market accounts
| Account | APY | Monthly fee |
|---|---|---|
| Merchants Bank of Indiana High-Yield Money Market Account | 3.75% | – |
| Merchants Bank of Indiana Money Market Savings | 3.75% | – |
CDs
About Merchants Bank of Indiana
- Headquarters
- Carmel, IN
- Regulator
- Federal Deposit Insurance Corporation
- FDIC certificate
- 8056 · FDIC BankFind record
- Federal Reserve RSSD ID
- 963945
- Website
- bankmerchants.com
- Deposit insurance
- FDIC-insured, up to $250,000 per depositor, per ownership category. How much of yours is covered
From the FDIC's register of institutions. Rates and fees are on each account's page, with their sources.