Merchants Bank of Indiana CD Rate - 1 Year
Merchants Bank of Indiana's 1 Year CD pays 3.00% APY as of August 10, 2026, checked 1 month ago. The rate was lowered from 5.25% on August 10, 2026. 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 below the median 1 Year CD rate we track (3.92% across 66 banks).
3.00% APY
down from 5.25% on Aug 10
- Last checked
- Aug 10 · 1 month ago
- Minimum deposit
- $1,000
Rate history
Now 3.00% APY
- All-time high 5.25% (May 2024)
- Low 3.00% (Aug 2026)
- 1-year change −2.25
- 3 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 |
|---|---|---|
| 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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Copy linkOther 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
- Apple Federal Credit Union5.00%
- PenFed Credit Union4.80%
- State Bank of India4.52%
- Citizens Access4.50%
- BTG Pactual US4.45%
- EagleBank4.45%
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aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date.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.