LYNN, Ind. – Merchants Bank of Indiana (NASDAQ:MBIN) (“Merchants Bank”) is proud to announce its newly renovated and relocated branch in Lynn, Indiana as part of the company’s commitment to long-term and sustainable growth in the state. Merchants Bank has six locations across Indiana, with offices in Indianapolis, Richmond, Spartanburg and Lynn, and two locations in Carmel.
In celebration of the new Lynn branch, which officially relocated and opened for business in early 2022, Merchants Bank is hosting its ‘Grand Hop-ening’ event on Wednesday, July 6 from 11 a.m. to 2 p.m. at 201 South Main Street. The event will honor the bank’s newest location, delayed originally due to COVID-19, with a traditional ribbon cutting ceremony by Co-Founder and Chairman of Merchants Bancorp, Michael F. Petrie.
“We are thrilled to give our Lynn branch a proper celebration worthy of our team’s hard work and incredible dedication to the community,” said Petrie. “Our associates in Lynn work hard to earn our customer’s business by providing quality products and great deposit rates, and this revitalized branch helps give our customers the financial tools they need. We’re excited to officially share our renovated branch with the community.”
Since its reopening earlier this year, the Lynn branch has served as a valuable resource for many residents as other banking institutions have departed the area. With its new dedicated office space, Merchants has been able to provide the community with ample access to both personal and business banking tools, including home mortgages, agricultural loans and more.
The ‘Grand Hop-ening’ event is free and open to the public and will include refreshments from a local food truck, popcorn and sweet treats, trackless train rides, games, prize drawings and live broadcasting from Kicks 96 News, a local radio station based out of Richmond, Indiana. Merchants’ frog mascot, Hopper, will also make a special appearance. All who are a part of the Lynn community are highly encouraged to attend the grand opening festivities.
As a whole, Merchants Bancorp has been recognized both nationally and locally in several prestigious award programs, including being named the best-performing public bank in the country by the 2021 S&P Global Market Intelligence Ranking and receiving Best Places to Work in Indiana honors for seven consecutive years.