MUNCIE, Ind. Following regulatory approvals last month, the companies consummated their legal closing through a 100% stock transaction effective September 1, 2019. As previously announced in late 2018, Monroe Bank & Trust will also merge with and into First Merchants Bank.
Is First Merchants Bank a local bank?
First Merchants Corporation is the largest financial services holding company located in Central Indiana. We provide our customers with broad financial services delivered locally by bankers who are known and trusted in their communities.
Is First Merchant Bank a good bank?
First Merchants Bank, Indiana’s second largest financial services holding company, has been rated by Forbes as the country’s fifth best bank. First Merchants, rated second in Forbes’ 2019 grading of the country’s 100 largest banks, once again ranks ahead of peers like JPMorgan Chase, Fifth Third Bancorp and Citigroup.
Is First Merchants Bank FDIC insured?
Investment Management solutions provided by First Merchants Private Wealth Advisors may not be FDIC insured, are not deposits of First Merchants Bank, and may lose value. Investments are not guaranteed by First Merchants Bank and are not insured by any government agency.
When was First Merchants Bank founded?
1893
First Merchants Bank/Founded
First Merchants Bank was originally known as the Merchants National Bank of Muncie, Indiana and it was organized during the Panic of 1893 by a group of service-minded businessmen who recognized a need in their community and acted to fulfill that need.
Who bought Merchants bank?
Washington bank to buy Sacramento’s Merchants Bank of Commerce for $266 million. A bank from Washington state is buying Sacramento-based Bank of Commerce Holdings for about $266 million in an all-stock transaction that will be its entry into the California market.
Who bought Merchants Bank?
Does First Merchants Bank have Zelle?
First Merchants Has partnered with Zelle to bring you a fast, safe and easy way to send money to family and friends, even if they aren’t a First Merchants Bank customer.
How do I close my First Merchants Bank Account?
To close your First Merchants Bank account, call customer service at 1 800 205 3464 or visit a local branch.
Does First Merchants have free checking?
Great for clients who want a simple, easy account that includes all of our free features.
