Merchants Bank of Indiana is an FDIC insured institution headquartered at
410 Monon Blvd, Carmel, IN 46032.
It was founded in
1923 and has approximately $18 billion in
assets. Customers can open an account at one of its 5 branches.
| MM RATES | APY | MIN | |
|---|---|---|---|
|
Money Market
|
5.00% | $50 | Compare |
|
7.490 %
|
$0 |
AmeriSave Mortgage Corporation NMLS ID: 1168 / Updated 2024-07-27 |
Home Equity Lines, Refinance, & Second Mortgages | $0 |
CrossCountry Mortgage, LLC NMLS ID: 3029 / Updated 2024-07-27 |
"Unlock Your Home's Potential" | $0 |
| Home Equity Line of Credit - Equal Housing Lender | $0 |
| HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. | $0 |
Beeline Loans, Inc. NMLS ID: 1799947 |
6.601% |
$2,023
Fees & Points
$3,367 Total
0.740 Pts ($2,368) $999 Fees |
PenFed Credit Union NMLS ID: 401822 |
6.656% |
$2,023
Fees & Points
$5,203 Total
0.626 Pts ($2,003) $3,200 Fees |
Mutual of Omaha Mortgage, Inc. NMLS ID: 1025894 |
6.725% |
$2,049
Fees & Points
$3,305 Total
0.814 Pts ($2,605) $700 Fees |
New American Funding, LLC. NMLS ID: 6606 |
6.843% |
$2,076
Fees & Points
$3,053 Total
0.954 Pts ($3,053) $0 Fees |
Rocket Mortgage NMLS ID: 3030 |
7.089% |
$2,127
Fees & Points
$3,200 Total
1.000 Pts ($3,200) $0 Fees |
FHAloans.com NMLS ID: Not a Lender |
Fees & Points
Total
Pts ($0) $0 Fees |
Neighbors Bank NMLS ID: 491986 |
Fees & Points
Total
Pts ($0) $0 Fees |
| FDIC Insured | Yes |
| FDIC Certificate | # 8056 |
| Date Established | 1923 |
| Assets | $ 17.74 billion |
| Loans | $ 14.34 billion |
| Deposits | $ 14.02 billion |
| Capital | $ 1,719.14 million |
| ASSETS | |
| Cash & Balances due from depository institutions | $ 508.76 million |
| Interest-bearing balances | $ 490.83 million |
| Total securities | $ 1,535.82 million |
| Federal funds sold and reverse repurchase | $ 3.33 million |
| Net loans and leases | $ 14.34 billion |
| Loan loss allowance | $ 75.71 million |
| Trading account assets | $ 700.64 million |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 0.11 million |
| Goodwill and other intangibles | $ 180.36 million |
| All other assets | $ 147.26 million |
| Total Assets | $ 16.02 billion |
| LIABILITIES | |
| Total deposits | $ 14.02 billion |
| Interest-bearing deposits | $ 13.66 billion |
| Deposits held in domestic offices | $ 14.02 billion |
| % insured (estimated) | 85.52% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 1,420.75 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 107.08 millionn |
| Total Liabilities | $ 16.02 billion |
| Shareholders’ Equity | $ 1,719.14 million |
| INCOME AND EXPENSES | |
| Total Interest Income | $ 313.63 million |
| Total Interest Expense | $ 184.31 million |
| Net interest income | $ 129.32 million |
| Provision for loan and lease losses | $ 5.39 million |
| Total non interest income | $ 38.80 million |
| Total non interest expense | $ 47.76 million |
| Pre-tax Net Operating Income | $ 137.57 million |
Click on location and enter new zip number to change.
Your current location is: Columbus, OH
disappointed
April 3, 2023 |
everything is a challenge for these guys.
I would not recommend it to anyone outside their geography who can get to one of their physical locations to fix stuff in person.
LidyKiene
October 13, 2022 |
Seems to be run by one really nice young lady who is working her ass off to answer the phone. I feel so sorry for her, but the absence of a transfer process made this one too difficult for me.