Merchants Bank of Indiana - Nationwide Branches

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Branch	Address	View Lobby Hours
Merchants Bank Of Indiana	11555 N. Meridian Street, Suite 400, Carmel, IN 46032	View Lobby Hours
Spartanburg Branch	6880 South Arba Pike, Lynn, IN 47355	View Lobby Hours
Indianapolis Bank Branch	3737 East 96th Street, Indianapolis, IN 46240	View Lobby Hours
Merchants Bank Of Indiana Carmel Off	11590 North Meridian Street, Carmel, IN 46032	View Lobby Hours
Lynn Branch	7375 South Us Highway 27, Lynn, IN 47355	View Lobby Hours
New Boston Facility	Main And Fifth Streets, New Boston, IL 61272	View Lobby Hours
Joy State Bank	101 W Main St., Joy, IL 61260	View Lobby Hours

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Reviews on Merchants Bank of Indiana

65JimmyJay | Dec 12, 2022

Developed buyers remorse after they stopped raising the rate and switched to Brilliant.

JulieB | Aug 3, 2022

No ACH processing, what is this the 1960's? No customer service team, just one person.

BorninRichmond | Aug 3, 2022

Excellent bank. Marie is the "Nu Accounts" Coordinator and she is fantastic. She even wrote us a handwritten Thank You note after the account was opened. On the financial side, Merchants rates have adjusted competitively and immediately upon Fed rate hikes. I love working with this bank. (Yes, its true you cannot do EFT outbound, but the first order of checks are free or in our case we ordered High Security Checks from a 3rd party vendor unrelated to the bank).

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Featured - 30 Year Fixed Mortgage Rates 2025

Lender	APR	Rate (%)	Monthly Payment	Learn More
NMLS ID: 401822	0.000%	0.000% 0.00 points $0 fees	$0	Learn More
NMLS ID: 399799	6.092%	6.000% 0.63 points $3,321 fees	$1,919	Learn More
NMLS ID: 6606	6.092%	6.000% 1.00 points $3,162 fees	$1,919	Learn More
NMLS ID: 401822	6.116%	6.000% 0.63 points $3,995 fees	$1,919	Learn More

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Featured - Home Equity Line Of Credit Rates 2025

Lender	APR (%)^?	Monthly Payment^?	Learn More
Figure Home Equity See Table	Intro APR 6.850 % After Intro: 6.850 %	$15,000	Learn More More Info
Available APRs range from 6.35% - 14.90%*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(the advertised APR includes a combined 0.25% discount for opting into a credit union membership (0%) and enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone. Flexible terms, borrow $15K-$750K, redraw up to 100% Use to consolidate debt or finance your next home project 100% digital app & automated valuation Largest non-bank HELOC lender in the US

Merchants Bank of Indiana - Nationwide Branches

Reviews on Merchants Bank of Indiana

Featured - 30 Year Fixed Mortgage Rates 2025

Featured - Home Equity Line Of Credit Rates 2025

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