Merchants Bank of Indiana Signs Trey Galloway and Malik Reneau as Brand Ambassadors

CARMEL, Ind. (Aug. 1, 2023) – Merchants Bank of Indiana (NASDAQ:MBIN) (“Merchants Bank”), today announces it has signed Indiana University (IU) basketball players Trey Galloway and Malik Reneau as its newest brand ambassadors.

Pictured in boardroom, Trey Galloway, Mike Dunlap, Malik Reneau, Mike Dunlap, & Mike Petrie
Pictured left to right: Michael Dunlap (CEO of Merchants Bank), Trey Galloway, Malik Reneau and Michael F. Petrie (Chairman of Merchants Bank).

As brand ambassadors for Merchants Bank, Galloway and Reneau will make personal appearances and participate in other advertising opportunities to promote Merchants Bank’s various lines of business. These include residential mortgage banking, business banking (including small business lending), multifamily housing finance, healthcare facility financing and servicing, agricultural lending, mortgage warehouse financing, and traditional community banking. 

Galloway previously played for Culver Academies in Culver, Indiana, where he set a school scoring record with 1,537 career points while also being named All-State and an Indiana All-Star in 2020. Galloway is now a backcourt veteran for IU and is primed to be an offensive catalyst and defensive stopper aspiring to lead the Hoosiers to an improved record for the upcoming 2023-2024 season. 

“Trey’s proven leadership, determination and passion on the court is also evident in who he is off the court, which made it easy for us to choose him as our brand ambassador,” said Merchants Bank Chairman Michael F. Petrie. “We’re fortunate that his teammate, Malik, will also be bringing his same ambition, influence, skill and character to Merchants Bank and through our partnership. We can’t wait to see these teammates in action at Assembly Hall and Merchants Bank this year!” 

Hopper the Frog pictured with Malik Reneau (left) and Trey Galloway (right)

Reneau was one of three players who started all 35 games during the 2022-2023 season. As a freshman, he was a pivotal part of the Hoosier’s impressive season and tournament run as he averaged 6.1 points and 3.7 rebounds and shot 55.3% (89-of-161) from the floor. Reneau graduated from Monte Verde High School in Florida where he led his team to back-to-back championships. 

“Working with Merchants Bank as my exclusive financial services company is an exciting next step for me,” Reneau said. “The bank's desire to improve our communities aligns with my own goals, so I’m thankful to Merchants Bank for allowing me to serve as their ambassador.” Galloway added, “Starting this new partnership with Merchants Bank is truly an honor, I know we’re both looking forward to learning more about how we can grow together and impact Hoosiers all around.” 

To learn more about Merchants Bank of Indiana, visit or find Merchants Bank on Facebook, LinkedIn, Twitter and Instagram. 


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