Merchants Bank of Indiana CD Rate - 1 Year
Merchants Bank of Indiana's 1 Year CD pays 4.08% APY as of November 10, 2026, checked 6 hours ago. Since RateBrain began tracking it in 2023, this 1 Year CD has paid as much as 5.25% (May 2024) and as little as 3.00% (Aug 2026). It is currently above the median 1 Year CD rate we track (4.00% across 145 banks).
4.08% APY
up from 3.00% on Sep 30
- Last checked
- Nov 10 · 6 hours ago
- Minimum deposit
- $1,000
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See the full Merchants Bank of Indiana 1 Year CD rate history »
Merchants Bank of Indiana CD Rate - 1 Year CD - Rate History
Now 4.08% APY
- All-time high 5.25% (May 2024)
- Low 3.00% (Aug 2026)
- 1-year change −1.17
- 4 changes
- Tracked since May 2023
- Full rate history »
The gray line is the median 1 Year CD rate across the banks we tracked each month.
Rate changes
| Date | APY | Change |
|---|---|---|
| September 30, 2026 | 4.08% | +1.08 |
| August 10, 2026 | 3.00% | −2.25 |
| May 5, 2024 | 5.25% | +1.53 |
| May 10, 2023 | 3.72% | first tracked |
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ShareOther Merchants Bank of Indiana rates
- 1 Month CD3.15%
- 3 Month CD3.82%
- 6 Month CD3.82%
- 18 Month CD2.80%
- 2 Year CD2.85%
- 30 Month CD2.90%
- 3 Year CD2.95%
- Savings3.50%
- Money Market Account3.75%
Other 1 Year CD rates
- State Bank of India4.89%
- EagleBank4.80%
- USALLIANCE Financial4.75%
- BTG Pactual US4.65%
- CFG Bank4.65%
- Merrick Bank4.65%
Common questions
What is the Merchants Bank of Indiana 1 Year CD rate today?
The Merchants Bank of Indiana 1 Year CD pays 4.08% APY as of November 10, 2026, checked 6 hours ago.
How does the Merchants Bank of Indiana 1 Year CD compare with other 1 Year CDs?
It pays 4.08% APY. The median across the 145 1 Year CD rates RateBrain tracks is 4.00%, so it is 0.08 percentage points above the median.
What has the Merchants Bank of Indiana 1 Year CD paid over time?
Since RateBrain began tracking it in 2023, it has paid as much as 5.25% (May 2024) and as little as 3.00% (Aug 2026).
Please Note: We are not a bank or credit union and are not affiliated with any. The information above is provided 'as is' and solely for informational purposes, not for specific financial advice. While we aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date. Please check with banks directly for the most up to date and accurate information.