Melanie Sadeghi

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Merchants Bank Named a 2023 Recipient of the U.S. Small Business Administration Indiana Lender Bronze Award

CARMEL, Ind. (Feb. 15, 2024) – Merchants Bank (NASDAQ:MBIN) is proud to announce that the Indiana district of the U.S. Small Business Administration (SBA) has honored the Merchants SBA team with the Bronze Award for its Indiana community lending efforts in 2023. Recognized now as the third most active Indiana community lender in 2023, Merchants […]

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Merchants Bank Strengthens Mortgage Department with Addition of New Loan Originators

CARMEL, Ind. (Feb. 8, 2024) – Merchants Bank (NASDAQ:MBIN), today announces the hiring of Benjamin Parker and Matthew Holmes as the bank’s newest Mortgage Loan Originators. Parker and Holmes have joined the Merchants Mortgage division at the company’s headquarters based out of Carmel. In their new capacities, Parker and Holmes will consult with clients and

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Embracing the Season of Giving: Merchants Employees Collect 2,500+ Pounds of Food Ahead of Giving Tuesday

The weight of food insecurity can sometimes go unseen, falling to the wayside with so many of us preoccupied with the hustle and bustle of the holidays and a new year; however, hunger continues to impact people living throughout our communities. According to Feeding America’s 2022 annual report, an estimated 49 million – or 1

Embracing the Season of Giving: Merchants Employees Collect 2,500+ Pounds of Food Ahead of Giving Tuesday Read More »

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Merchants Bank Welcomes New Treasury Management Sales Officer Derek Elston

CARMEL, Ind. – Merchants Bank (NASDAQ:MBIN) today announces the hiring of Derek Elston as Treasury Management Sales Officer, based out of Carmel.  Derek Elston Prior to joining Merchants Bank, Elston operated as a community development officer at United Fidelity Bank where he collaborated with his team to create strategic plans for meeting annual goals and

Merchants Bank Welcomes New Treasury Management Sales Officer Derek Elston Read More »

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Merchants Bank Secures Nearly $60,000 in Small Business Grants for Three Local Indianapolis Companies

CARMEL, Ind. (Dec. 05, 2023) – Merchants Bank (NASDAQ:MBIN) celebrates three Indianapolis-area businesses it assisted in securing nearly $60,000 total in grants through Federal Home Loan Bank of Indianapolis’ (FHLBI) Elevate Small Business Grant program (“Elevate”). Elevate helps the growth and development of small businesses, their workforce and the communities where they are located. This

Merchants Bank Secures Nearly $60,000 in Small Business Grants for Three Local Indianapolis Companies Read More »

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Cybersecurity Awareness: The Internet of Things & Data Security

From Desktops to Smartwatches Just a few years ago, Americans conducted online financial transactions mostly through desktop-based personal computers. Now, connectivity comes in many forms. Today’s household, for example, might include one or more of the following: smartphone, tablet, laptop computer, desktop computer, smartwatch, any one of which can be used to connect to an

Cybersecurity Awareness: The Internet of Things & Data Security Read More »

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A Pillar of Spartanburg: Celebrating 100-Years of Service and Community Banking

On Friday, Sept. 15, Randolph County residents, devoted customers, Merchants Bank of Indiana team members and our special guest Hopper came together to celebrate a major milestone – a century of rich banking history and service within this community.  As members of this treasured, tight-knit community, customers enthusiastically welcomed this historic celebration, bringing much fanfare

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Merchants Bank of Indiana Announces Opening of New Office Space in Indianapolis

INDIANAPOLIS (Sept. 14, 2023) – Merchants Bank of Indiana (NASDAQ:MBIN) (“Merchants Bank”), today announces the grand opening of their new office located in downtown Indianapolis, at 441 W. Michigan St. The location will be a satellite office for consumer and mortgage banking, while also being home to RDOOR Housing Corporation and Partners in Housing (PIH).

Merchants Bank of Indiana Announces Opening of New Office Space in Indianapolis Read More »

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 left to right: Michael Dunlap (CEO of Merchants Bank), Trey Galloway, Malik Reneau and Michael F. Petrie (Chairman of Merchants Bank). As

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

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