Merchants Bank of Indiana is now offering a 30 Month Certificate of Deposit at 1.25% APY. This CD is a great savings tool that can offer a higher return on your money than most standard savings accounts. Better yet, there are no monthly fees. CDs allow you to save money at a competitive rate for a fixed period of time. Contact one of our Bankers for more details.
- Indianapolis, Indiana Banking Center – 317.805.4300
- Carmel, Indiana Banking Center – 317.805.4303
- Lynn, Indiana Banking Center – 765.874.2511
*Annual Percentage Yield
Interest is compounded daily.
Minimum balance to open: $1,000. Minimum balance to earn APY $.01.
A penalty may be imposed for early withdrawal.