Merchants Bank of Indiana Reviews (5)

Rated 2.20 stars out of 5 - based on 5 reviews with ratings
  • Dec 12, 2022 |

    Developed buyers remorse after they stopped raising the rate and switched to Brilliant.

  • Aug 3, 2022 |

    No ACH processing, what is this the 1960's? No customer service team, just one person.

  • Aug 3, 2022 |

    Excellent bank. Marie is the "Nu Accounts" Coordinator and she is fantastic. She even wrote us a handwritten Thank You note after the account was opened. On the financial side, Merchants rates have adjusted competitively and immediately upon Fed rate hikes. I love working with this bank. (Yes, its true you cannot do EFT outbound, but the first order of checks are free or in our case we ordered High Security Checks from a 3rd party vendor unrelated to the bank).

  • Jul 29, 2022 |

    Same here, if you apply 3 times your out, the worst experince in 20 years, good luck folks!

  • Jul 29, 2022 |

    When applying I keep getting Application Denied, these folks are not ready for prime time. One person handles online banking bless her heart, she is getting overwhelmed...........

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