Who owns Merchants Bank of Indiana?
Merchants Bancorp
Merchants Bank of Indiana/Parent organizations
Is Merchants Bank of Indiana FDIC insured?
Merchants Bank of Indiana is an FDIC insured institution located in Carmel, IN. It was founded in 1923 and has approximately $9.45 billion in assets. Customers can open an account at one of its 5 branches.
What banks are in Indiana?
Consider the following banks in your area.
- CIBM Bank.
- Crescent Bank & Trust.
- Crossroads Bank.
- DeMotte State Bank.
- Farmers State Bank.
- FCN Bank.
- First Bank of Berne.
- First Bank Richmond.
What happened Merchants Bank?
Bangor-based Merchants Bank, one of few remaining Lehigh Valley-based financial institutions, to be acquired. Bangor’s Merchants Bank, which was rooted in the Slate Belt and expanded in the Lehigh Valley since its founding in the 19th century, will be acquired by a northeast Pennsylvania bank holding company.
Who bought Merchants Bank?
Columbia Banking Systems
Washington-based Columbia Banking Systems will buy Bank of Commerce Holdings, the parent company of Merchant Bank of Commerce, for $266 million. It will mark Columbia Banking Systems’ entry into the California market, according to the Sacramento Business Journal, which first reported the transaction.
Are Cdars accounts safe?
Is CDARS Safe? CDARS is a legitimate service that has been in existence since 2003. 6 The service was created by former financial regulators and is run by Promontory Interfinancial Network, LLC. Your money is as safe as it would be in any FDIC-insured institution.
What is an insured cash sweep account?
Insured by the Federal Deposit Insurance Corporation, Insured Cash Sweep (ICS) is a service that allows you to secure large deposits while still maintaining access to your funds. You can also continue earning interest on any funds that are placed into a demand deposit account or money market deposit account.
What is the largest bank in Indiana?
Chase
Chase remains Indy’s biggest bank – Indianapolis Business Journal.
What are the main banks in Indiana?
Top 11 Best Banks in Indiana | Ranking of Banks in Indianapolis, Fort Wayne, Evansville
- 1st Source Bank.
- BMO Harris Bank.
- Fifth Third Bank.
- First Financial Bank.
- First Merchants Bank.
- Huntington Bancshares, Inc.
- KeyBank.
- MainSource Bank.
Who is the mortgage banker for Merchants Bank of Indiana?
Mr. Dinwiddie has been involved extensively with the impact of the Dodd-Frank Act on commercial banking and mortgage banking. He has represented the Indiana Mortgage Bankers Association for over thirty years and was the first recipient of the Distinguished Service Award presented by the Indiana Mortgage Bankers Association.
Who is the vice president of Merchants Bank?
He joined Merchants Bank as Senior Vice President of Mortgage Banking in 2009 and became a member of the Board of Directors in 2014. He was primarily responsible for establishing the warehouse lending platform and Merchants Mortgage. He has over 30 years of mortgage banking experience.
Who is Anne sellers of Merchants Bank of Indiana?
Anne Sellers has been a Director of the Company since June, 2017 and also serves as a director of the Bank. She is Managing Principal and majority owner of Sensory Technologies LLC, an Indianapolis-based technology company with 130 employees.
How to send confidential information to Merchants Bank?
Please DO NOT send confidential information over traditional email channels. To send private information using this tool, you will need to create a secure login and know the recipients email address to proceed. A member of Merchants Bank personnel will need to provide you with an invite to create a secure message the first time.