Merchants Bank of Indiana Savings Rate
Merchants Bank of Indiana's savings account pays 3.50% APY as of August 12, 2026, checked 1 month ago. Since RateBrain began tracking it in 2023, this savings account has paid as much as 5.00% (Aug 2023) and as little as 3.50% (Aug 2026). It is currently above the median savings rate we track (3.35% across 82 banks).
3.50% APY
down from 5.00% on Aug 12
- Last checked
- Aug 12 · 1 month ago
- Minimum deposit
- $1,000
Rate history
Now 3.50% APY
- All-time high 5.00% (Aug 2023)
- Low 3.50% (Aug 2026)
- 1-year change −1.50
- 3 changes
- Tracked since May 2023
- Full rate history »
The gray line is the median savings rate across the banks we tracked each month.
Rate changes
| Date | APY | Change |
|---|---|---|
| August 12, 2026 | 3.50% | −1.50 |
| August 4, 2023 | 5.00% | +0.25 |
| May 10, 2023 | 4.75% | 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%
- 1 Year CD4.08%
- 18 Month CD2.80%
- 2 Year CD2.85%
- 30 Month CD2.90%
- 3 Year CD2.95%
- Money Market Account3.75%
Other savings rates
- Betterment4.25%
- E*TRADE4.25%
- Axos Bank4.21%
- Newtek Bank4.20%
- Total Bank4.01%
- Vio Bank4.01%
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aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date.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.