Merchants Bank of Indiana Savings Rates & APY
Latest rate data:
Savings Accounts
Merchants Bank of Indiana Money Market
Savings account · FDIC
3.75% APY
Minimum balance
$0
Opening deposit
$50
Account details & sources
Rate observed
Oct 6
Observed change
0.00 pp
$50 minimum opening deposit; no minimum balance is required to earn the advertised APY.
No monthly maintenance fee. More than six withdrawals or transfers in a monthly statement cycle may incur an excess-withdrawal fee.
Merchants Bank of Indiana serves customers nationwide through its digital banking platform and is a Member FDIC.
Compare fees, requirements, and alternativesRate history
Last observed APY 3.75% on Oct 6, 2026; unchanged since Oct 5, 2026.