Merchants Bank of Indiana CD Rate - 2 Year
Merchants Bank of Indiana's 2 Year CD pays 2.85% APY as of September 30, 2026, checked 4 days ago. Since RateBrain began tracking it in 2023, this 2 Year CD has paid as much as 3.87% (May 2023) and as little as 2.85% (Sep 2026). It is currently below the median 2 Year CD rate we track (3.60% across 96 banks).
2.85% APY
down from 3.37% on Sep 20
- Last checked
- Sep 30 · 4 days ago
- Minimum deposit
- $1,000
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Merchants Bank of Indiana CD Rate - 2 Year CD - Rate History
Now 2.85% APY
- All-time high 3.87% (May 2023)
- Low 2.85% (Sep 2026)
- 1-year change −0.52
- 3 changes
- Tracked since May 2023
- Full rate history »
The gray line is the median 2 Year CD rate across the banks we tracked each month.
Rate changes
| Date | APY | Change |
|---|---|---|
| September 20, 2026 | 2.85% | −0.52 |
| February 19, 2025 | 3.37% | −0.50 |
| May 10, 2023 | 3.87% | first tracked |
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ShareOther Merchants Bank of Indiana rates
- 1 Month CD3.15%
- 3 Month CD3.82%
- 6 Month CD3.82%
- 1 Year CD4.08%
- 18 Month CD2.80%
- 30 Month CD2.90%
- 3 Year CD2.95%
- Savings3.50%
- Money Market Account3.75%
Other 2 Year CD rates
- Raymond James Bank4.98%
- Popular Direct4.65%
- Ridgewood Savings Bank4.59%
- State Bank of India4.52%
- BTG Pactual US4.50%
- Merrick Bank4.50%
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aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date.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.