Insights

Growth Expansion Merchants Bank of Indiana is actively expanding its footprint with new Chicago-area offices to support a growing team of mortgage professionals, suggesting sales opportunities in commercial real estate, office banking services, and regional expansion support.

SBA Hiring Recent addition of a Senior Business Development Officer in SBA Lending indicates a sharpened focus on government and small business financing, presenting cross-sell opportunities for SBA products, commercial lending, and related advisory services.

Best Workplace Multiple best‑place‑to‑work recognitions imply strong employer branding and potential for partnerships in employee benefits banking, payroll services, and community-focused financial programs to attract customers through trust signals.

Capital Strength Significant financing activity including a major public offering provides liquidity and capital for growth, enabling opportunities to offer treasury services, cash management, and institutional banking solutions to mid-market clients.

Mortgage Niche Diversified mortgage focus across retail, multifamily, warehouse financing, and residential origination, coupled with expansion in mortgage staffing, signals opportunities to approach the bank for correspondent banking, warehouse lines, and specialized mortgage technology or processing solutions.

Merchants Bank IN Tech Stack

Merchants Bank IN uses 8 technology products and services including Microsoft Power Automate, Reveal.js, FingerprintJS, and more. Explore Merchants Bank IN's tech stack below.

  • Microsoft Power Automate
    Build Automation
  • Reveal.js
    Javascript Frameworks
  • FingerprintJS
    Javascript Libraries
  • SweetAlert2
    Javascript Libraries
  • Java
    Programming Languages
  • Sprout Social
    Social Media Marketing Software
  • Google Tag Manager
    Tag Management
  • Animate.css
    UI Frameworks

Media & News

Merchants Bank IN's Email Address Formats

Merchants Bank IN uses at least 2 format(s):
Merchants Bank IN Email FormatsExamplePercentage
FLast@merchantsbankofindiana.comJDoe@merchantsbankofindiana.com
96%
FirstLast@merchantsbankofindiana.comJohnDoe@merchantsbankofindiana.com
2%
Last_First@merchantsbankofindiana.comDoe_John@merchantsbankofindiana.com
1%
Last.First@merchantsbankofindiana.comDoe.John@merchantsbankofindiana.com
1%
FLast@bankmerchants.comJDoe@bankmerchants.com
100%

Frequently Asked Questions

What is Merchants Bank IN's phone number?

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You can contact Merchants Bank IN's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Merchants Bank IN's official website and social media links?

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Merchants Bank IN's official website is bankmerchants.com and has social profiles on LinkedInCrunchbase.

How much revenue does Merchants Bank IN generate?

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As of July 2026, Merchants Bank IN's annual revenue is estimated to be $100M - $250M.

What is Merchants Bank IN's SIC code NAICS code?

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Merchants Bank IN's SIC code is 6029 - Commercial Banks, Not Elsewhere Classified NAICS code is 52211 - Commercial Banking.

How many employees does Merchants Bank IN have currently?

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As of July 2026, Merchants Bank IN has approximately 381 employees across 2 continents, including North AmericaEurope. Key team members include Vice President - Information Systems: M. R.Vp Client Deposit Services Officer: G. N.Evp, Chief Administrative Officer: K. L.. Explore Merchants Bank IN's employee directory with LeadIQ.

What industry does Merchants Bank IN belong to?

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Merchants Bank IN operates in the Banking industry.

What technology does Merchants Bank IN use?

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Merchants Bank IN's tech stack includes Microsoft Power AutomateReveal.jsFingerprintJSSweetAlert2JavaSprout SocialGoogle Tag ManagerAnimate.css.

What is Merchants Bank IN's email format?

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Merchants Bank IN's email format typically follows the pattern of FLast@merchantsbankofindiana.com. Find more Merchants Bank IN email formats with LeadIQ.

How much funding has Merchants Bank IN raised to date?

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As of July 2026, Merchants Bank IN has raised $230M in funding. The last funding round occurred on Dec 18, 2024 for $230M.

When was Merchants Bank IN founded?

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Merchants Bank IN was founded in 2009.
Merchants Bank IN logo

Merchants Bank IN

BankingIndiana, United States201-500 Employees

Merchants Bank IN is a regional banking institution headquartered in Carmel, Indiana, employing between 201 and 500 people. The bank offers a range of lending and banking services, including retail and correspondent residential mortgage banking, multifamily mortgage banking, business banking (including small business lending), agricultural lending, mortgage warehouse financing, and traditional community banking, with operations conducted from Indiana banking centers and regional production offices. It has been ranked as a top-performing bank in the United States by American Banker in collaboration with the Capital Performance Group. In 2025, Merchants Bank IN expanded its footprint with new offices in the Chicago area to support mortgage professionals, and hired a Senior Business Development Officer in the SBA Lending division. The bank has received best-place-to-work recognitions from state and national surveys for several years, including recognitions reported in February 2026.

Section iconCompany Overview

Phone number
SIC Code
6029 - Commercial Banks, Not Elsewhere Classified
NAICS Code
52211 - Commercial Banking
Founded
2009
Employees
201-500

Section iconFunding & Financials

  • $230M

    Merchants Bank IN has raised a total of $230M of funding over 5 rounds. Their latest funding round was raised on Dec 18, 2024 in the amount of $230M.

  • $100M - $250M

    Merchants Bank IN's revenue is estimated to be in the range of $100M - $250M

Section iconFunding & Financials

  • $230M

    Merchants Bank IN has raised a total of $230M of funding over 5 rounds. Their latest funding round was raised on Dec 18, 2024 in the amount of $230M.

  • $100M - $250M

    Merchants Bank IN's revenue is estimated to be in the range of $100M - $250M

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