First Merchants BankSavings accountChecked Oct 10, 2026Updated
First Merchants Regular Savings
$5monthly fee
- A year on $10,000
- $0 after fees
Visit First MerchantsThe bank’s own page · checked Oct 10, 2026
What it earns in a year
Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.
| Balance | APY | A year, after fees |
|---|---|---|
| $1,000 | – | $0 |
| $5,000 | – | $0 |
| $10,000 | – | $0 |
| $25,000 | – | $0 |
| $50,000 | – | $0 |
| $100,000 | – | $0 |
Rate conditions
- Interest compounds
- Interest will accrue daily and credit monthly.Source · checked Oct 10, 2026
Fees
- Monthly fee
- $5 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Any one of these:
- $300 minimum balance
- enroll in eStatements
- For those under 19 years of age
- ATM network
- MoneyPass Surcharge Free ATM NetworkSource · checked Oct 10, 2026
- International ATM fee
- $3Source · checked Oct 10, 2026
- Incoming domestic wire
- $17Source · checked Oct 10, 2026
- Outgoing domestic wire
- $30Source · checked Oct 10, 2026
- Incoming international wire
- $20Source · checked Oct 10, 2026
- Outgoing international wire
- $50Source · checked Oct 10, 2026
- Inactivity fee
- $5Source · checked Oct 10, 2026
- Early closure fee
- $50Source · checked Oct 10, 2026
- Cashier’s check
- $8Source · checked Oct 10, 2026
- Stop payment
- $37Source · checked Oct 10, 2026
- Card replacement
- $10Source · checked Oct 10, 2026
Features
Branch accessInterest bearingOnline openingSavings round ups
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates and fees change; the bank’s own page is the final word. Not all of this account’s figures are on record yet (rate missing). Report a mistake · How we make money