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Workplace Banking
Workplace Banking

Empower. Support. Prosper.

Empower your workforce with exclusive banking solutions and personalized financial guidance through a strategic partnership with First Merchants. Our attentive and experienced local bankers deliver tailored services that support your employees’ financial well-being—helping them thrive both personally and professionally.

Elevate Your Employees Financial Wellbeing

  • Wellness & Education: Give your employees and their families access to financial wellness programs, seminars, and lunch-and-learns—all designed to build confidence and money management skills.
  • Attentive Financial Support: Let us handle the complexities. Our knowledgeable team supports your employees with personalized guidance, so you can focus on growing your business.
  • Smart Banking Tools: From robust online banking to a top-rated mobile app, your team gets access to intuitive tools for budgeting, credit monitoring, and personal finance management.
  • Community Commitment: We’re more than bankers—we’re neighbors. Our local teams are committed to giving back and making a difference in the communities we serve.

What's In It for Your Employees?

First Direct Checking Perks1

  • No opening deposit required3
  • Earns interest starting at $2,5004
  • 0.05% APY CD interest rate bonus5
  • No annual fee on new Home Equity Lines of Credit6
  • Complimentary retirement consultation
  • Discount on residential first mortgage closing costs7
  • Free Official Checks, Money Orders and Specialty Checks $0 Maintenance Fee If You
  • Make one $200 direct deposit2 per month
  • Otherwise, $10 monthly maintenance fee Features to Make Everyday Banking Easy
  • Send money to friends and family quickly with Zelle®8
  • Avoid overdraft fees with Overdraft Helper™9
  • Two overdraft items waived per rolling 12-month calendar
  • No Overdraft Protection Transfer fees10
  • ID theft protection11 & card controls with mobile wallet-ready Mastercard® debit card
  • Free eStatements (paper statements are $3 per month)

Ready to Invest in Your Team’s Financial Future?

Let's Talk


Virtual Meetings

We’re here to meet you where it’s most convenient—whether that’s in person or online. If you’re joining a virtual meeting with First Merchants via Microsoft Teams, you can download the instructions below to ensure a smooth connection.

Microsoft Teams video call instructions for clients


Benefits of Banking with a Best Bank12

1 First Direct is an exclusive account for employees of companies that participate in the First Merchants Workplace Banking program, and all first responders and members of the military. First responders include police, firefighters and paramedics. Military includes active members and veterans of the Army, Navy, Marine Corps, Air Force, Coast Guard and National Guard.

2 Make one direct deposit of at least $200 monthly to keep the account free. Otherwise, a $10 monthly maintenance fee is incurred. Multiple deposits of less than $200 will not qualify. First direct deposit must be received within 30 days of account opening.

3 Make a deposit within 60 days to avoid account closure or maintenance fees. Other service fees may apply. Please see our Banking Fees.

4 First Direct is an interest bearing account. Interest tiers starting at $2,500. Interest is accrued daily and credited monthly. The variable interest rate and annual percentage yield for your account depends upon the applicable balance. The interest rate and annual percentage yield for these tiers may change at any time.

5 Cannot be combined with promotional CD offers.

6 No annual fee on new Home Equity Line of Credit (HELOC). Subject to credit approval.

7 Credit may only be applied towards closing costs and not applied as a principal reduction, or considered part of any minimum down-payment requirement, or be used towards cash back to the borrower at closing. May not be combined with any other offer or exceed third party contribution limits. First Direct account must be opened prior to the initial underwriting of the loan.

8 Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license. To send or receive money with Zelle®, both parties must have an eligible checking or savings account.

9 No 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.

10 To help you avoid overdraft fees, we recommend calling or coming into a branch to link another First Merchants account for overdraft protection transfers. If you overdraft, we’ll automatically transfer funds in $50 increments from your linked deposit account—with no transfer fee. Linked account balance must cover the overdraft, and standard account fees may still apply.

11 Certain restrictions, terms, and conditions apply.

12 See details on our ‘Best bank’ awards at firstmerchants.com/awards-accolades

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