Checking Accounts
Checking accounts built to help you prosper. Get paid early, avoid overdrafts, and manage it all with an easy-to-use app from an award-winning bank.
POPULAR
First Merchants Prosper Checking
An account that provides unparalleled safety and security and helps you plan for the unexpected.
Open Now Open AccountPREMIUM
First Merchants Prosper Plus Checking
An account that gives you confidence you’re on the right path and helps you make the most of your money.
Ways to no fee:
One $500 direct deposit1 per month
OR
Maintain at least $1,000 in minimum combined personal deposit balances,
OR
You are a Student (under 25) or a Senior (62+)2
$0 or $25
Ways to no fee:
one $1,500 direct deposit per month1
OR
Maintain at least $20,000 in minimum combined personal deposit balances
First Merchants Simple Access Checking
Build a banking history with no risk of overdrafts and basic features. Bank On-certified since 2022.
Open Now Open AccountFirst Merchants First Direct Checking
Get premium benefits for employees of Workplace Banking partners, first responders, members of the military, healthcare professionals, and educators.
Open Now Open AccountWays to no fee:
One $200 direct deposit1 per month
• No annual fee on new Home Equity Line of Credit6
• Two Overdraft fees will be waived per rolling 12 month calendar period
Built to Protect Your Money—and Help It Go Further
 Manage Your Money Confidently with Our Top-Rated Mobile App |
 Avoid Overdraft Fees with Overdraft HelperTM 4 |
 Get Paid Up To 2 Days Sooner with Early Pay3 |
It’s easy to switch
Use automated tools to switch your direct deposit and update your preferred payment method for dozens of online services like Netflix, Amazon and iTunes8.
1Multiple deposits of less than required amount will not qualify to waive the monthly maintenance fee.
2Students under age 25 can receive no monthly maintenance fee with a First Merchants Prosper Checking Account. At age 25, must meet account requirements to avoid monthly maintenance fee. Seniors 62 and over receive no monthly maintenance fee with a First Merchants Prosper Checking account.
3Terms and conditions apply. Early Pay is a free service that First Merchants Bank offers at its discretion. We can’t guarantee you’ll always get your paycheck early—it depends on how and when your employer sends us your direct deposit. Not all employers send deposits early or label them in a way that qualifies for Early Pay. If your deposit doesn’t meet the criteria, it will arrive on your regular payday.
4No overdraft fees if you’re overdrawn by $50 or less at the end of the business day and no daily fee until day 5. Overdraft Helper™ does not require enrollment and comes with most First Merchants Personal Checking accounts. It does not apply if an account is set up for overdraft protection transfers from another account or for Simple Access accounts, which do not permit overdrafts.
5Certain restrictions, terms, and conditions apply. Please see www.mastercard.us/zero-liability for more details. Mastercard® benefits are offered through Mastercard® card services. Please call 1-800-MASTERCARD for assistance. Mastercard® Enhanced Benefits are provided by Mastercard® to First Merchants Personal Mastercard® debit card holders at no additional cost.
6Subject to credit approval.
7Specialty Checks included, just pay $10 to cover standard shipping and handling.
8None of the listed companies are associated with, sponsor, or endorse this product.
Other service fee may apply. Please see our Banking Fees.
Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
