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First Direct

First Merchants First Direct Checking

An account with premium benefits exclusively for employees for participating businesses or first responders and members of the military.

First Direct features:

Picture of businessman working at computer

  • Earns interest starting at $2,500¹
  • CD interest rate bonus of 0.05% APY
  • No annual fee on new Home Equity Line of Credit (HELOC)²
  • Free first order of Specialty Checks
  • Two NSF/OD fee items waived per rolling 12-month calendar³
  • No minimum balance requirement and no opening deposit with direct deposit sign-up
  • Complimentary retirement consultation
  • Loan discounts of 0.35% 4
  • Discount on residential first mortgage closing costs
  • 25% discount on Safe Deposit Box rental where available
  • Free  eStatements
  • Free Official Checks and Money Orders
  • Free ATMs nationwide with MoneyPass
  • Free Overdraft Protection Transfers from any linked account
  • Free Mobile and Text Banking
  • Free Online Banking including Bill Pay and People Pay (must be 18 years of age for Bill Pay)
  • Free Enhanced MasterCard Debit Card with ID Theft Protection
  • Free Gold Standard Rewards™ with first-time login bonus
  • Samsung Pay and Apple Pay

Who's eligible:

  • Employees of companies that participate in the First Direct Program
  • All first responders and members of the military6

How to keep it free:

Make one direct deposit of at least $200 monthly.5 Otherwise, $10 monthly maintenance fee.

Other service fees may apply. Please see our Banking Fees.

[1] In Interest tiers starting at $2,500. Interest is accrued daily and credited monthly. [2] Subject to credit approval. [3] An NSF/OD item is defined as 1 or more items presented to an account with non-sufficient funds on a business day. [4] With automatic payments from a First Merchants checking account. Subject to credit approval, excludes first mortgage real estate loans and lines of credit, offer valid for consumer purpose installment loans only. [5] Multiple deposits of less than $200 will not qualify. First direct deposit must be received within 30 days of account opening. [6] 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. Note: Annual Percentage Yield is abbreviated by APY.


Have questions or need assistance? Just give us a call at 1.800.205.3464. Our Customer Service team is available weekdays from 7 a.m. until 8 p.m. ET, and from 9 a.m. until 3 p.m. ET on Saturdays.

Looking for a different number or an online form? Find it on our contact page.