First Savings Bank is joining First Merchants Bank
Welcome to First Merchants Bank! Effective February 1, 2026, First Savings Bank and First Merchants completed their legal merger. While full integration will occur at a later date, we are pleased to welcome First Savings Bank customers into our broader banking community as we begin this transition together.
If you have any questions please call us at 1.833.372.4968 or visit any of our banking centers.
Welcome to First Merchants!
I’m truly proud to welcome you to First Merchants.
As of 12:01 a.m. on February 1, 2026, the merger of First Savings Bank and First Merchants Bank legally closed – a major milestone in our journey together. While much of the meaningful work to connect our organizations has already been underway for months, this legal close marks the moment we can formally move forward as one team.
I want you to know this: the First Savings team with local expertise, meaningful relationships, and commitments to the community—matter deeply to us. You’ll continue to bank with many of the same amazing bankers, now supported by the strength, resources, and opportunities of an award-winning- bank.
Together, we’re building something intentionally different. We believe the best banking experience lives in the space where personal relationships still matter; decisions are made thoughtfully, and service is tailored to the individual. It’s not just what we do that sets us apart, but how we do it. At First Merchants, people come first—always.
We are guided by a simple service philosophy: Helping you prosper. It involves a mindset and a passion for serving others. The values these bankers hold don’t change with a name or a sign—they’re alive in how they show up for you and for the community.
As First Savings transitions to First Merchants, our teams are focused on making the experience clear, thoughtful, and supportive as possible. Any change, even one filled with opportunity, can bring uncertainty. The system integration is expected to be completed in the second quarter of 2026, and we’ll continue to keep you informed every step of the way through meetings, email, newsletters, and website updates. Stay connected to these channels and communications during this information heavy time.
Since 1893, First Merchants has been honored to support the dreams of families, businesses, and communities—generation after generation. We are excited about what lies ahead and we look forward to building the future together.
Sincerely,
Mark Hardwick
CEO, First Merchants
The FDIC provides a six-month grace period after legal close during which deposits at both banks are treated as if they remain at separate institutions. This grace period extends through August 1, 2026. After August 1, 2026, total deposits between both banks will only be covered up to the FDIC limit of $250,000.
If you would like assistance reviewing your coverage options, our team can help. You may also contact the FDIC at 1877ASKFDIC.
General
The FDIC provides a six-month grace period after legal close during which deposits at both banks are treated as if they remain at separate institutions. This grace period extends through August 1, 2026. After August 1, 2026, total deposits between both banks will only be covered up to the FDIC limit of $250,000.
If you would like assistance reviewing your coverage options, our team can help. You may also contact the FDIC at 1877ASKFDIC.
Accounts, Deposits & Payments
The FDIC provides a six-month grace period after legal close during which deposits at both banks are treated as if they remain at separate institutions. This grace period extends through August 1, 2026. After August 1, 2026, total deposits between both banks will only be covered up to the FDIC limit of $250,000.
If you would like assistance reviewing your coverage options, our team can help. You may also contact the FDIC at 1877ASKFDIC.
Cards, Checks & Digital Access
The FDIC provides a six-month grace period after legal close during which deposits at both banks are treated as if they remain at separate institutions. This grace period extends through August 1, 2026. After August 1, 2026, total deposits between both banks will only be covered up to the FDIC limit of $250,000.
If you would like assistance reviewing your coverage options, our team can help. You may also contact the FDIC at 1877ASKFDIC.
Consumer Products, Branch Access & Services
The FDIC provides a six-month grace period after legal close during which deposits at both banks are treated as if they remain at separate institutions. This grace period extends through August 1, 2026. After August 1, 2026, total deposits between both banks will only be covered up to the FDIC limit of $250,000.
If you would like assistance reviewing your coverage options, our team can help. You may also contact the FDIC at 1877ASKFDIC.
Communication & Support
The FDIC provides a six-month grace period after legal close during which deposits at both banks are treated as if they remain at separate institutions. This grace period extends through August 1, 2026. After August 1, 2026, total deposits between both banks will only be covered up to the FDIC limit of $250,000.
If you would like assistance reviewing your coverage options, our team can help. You may also contact the FDIC at 1877ASKFDIC.
Integration Needs
The FDIC provides a six-month grace period after legal close during which deposits at both banks are treated as if they remain at separate institutions. This grace period extends through August 1, 2026. After August 1, 2026, total deposits between both banks will only be covered up to the FDIC limit of $250,000.
If you would like assistance reviewing your coverage options, our team can help. You may also contact the FDIC at 1877ASKFDIC.
