- If you have chosen to designate 100% of the Round Up to savings, but do not have enough funds to round up, a transfer will not be completed.
- Roundups are processed the day after the original debit card transaction is posted to your account. This helps ensure the final transaction amount is used before the roundup is applied.
- Round Ups are compatible with First Direct, Carefree, Elite, Advantage, Simple Access, Prosper, Prosper Plus, and Private Banking checking accounts, as well as Personal Savings or Money Market accounts.
- You will need a First Merchants debit card, a First Merchants checking account, and a First Merchants savings account.
- It’s easy! Just log into your mobile app or online banking, select Round Ups from the menu, and enroll.
- Not at all. You can customize when and to where you Round Up in your app.
- You will need a First Merchants personal checking account, as well as an eligible First Merchants savings account where your Round Ups can be deposited. Eligible savings accounts include a First Merchants personal savings account and a First Merchants money market account.
Yes. Continue using all your First Savings Bank services—including checks, debit/ATM cards, online banking, and bill pay.
As we approach conversion later in 2026, we will provide clear instructions and ample notice for any updates or new materials.
System conversion is when your accounts, debit cards, checks, online banking, and other services transition fully to First Merchants’ systems.
Ahead of conversion, you can expect:- A detailed welcome guide
- New debit cards (if applicable)
- Instructions for online and mobile banking enrollment
- Any product or service updates
We will ensure you have everything you need to make the transition easy.
- Not at this time. Your current products, rates, and fee structures remain the same through legal close. If any changes occur at system conversion, we will clearly outline what’s changing—and why—well before anything takes effect.
- Together, First Merchants and First Savings Bank create more opportunities to serve you with enhanced products and an even stronger local banking experience. First Merchants seeks to bring expanded services while retaining local decision-making, and deep community investments.
We will contact you directly by mail or email with any updates that impact your accounts, access, or day-to-day bank. It’s important that we have your current contact information, including email address.
Update your information within your FSB Online Banking by going to Self Service > Self Administration > Personal Preferences.
On the Mobile App select More > Login & Security > Contact Info
It’s important that we have your current contact information, including email address. Can we include instructions on how to check what we have on file and how to update if needed?
You’ll also find the latest information on our website at:
firstmerchants.com/first-savings-bank
- No. Unless you are contacted directly, your account numbers will remain the same.
- The Debit Card Rewards Program will end on May 14, 2026. Reward points will continue to accrue until then but must be redeemed by May 14, 2026; any unused points will expire and cannot be redeemed after that date.
- Yes. As of February 1, 2026, First Savings Bank is now part of First Merchants Bank following the legal close of the acquisition. For now, your day-to-day banking does not change. System integration will occur later in 2026, and we will notify you well in advance of any changes that affect you.
No. While First Merchants is larger than First Savings Bank, we are not considered a large national bank. Our size allows us to offer robust products, digital tools, and lending capacity—while maintaining a community-bank feel centered on personal relationships and local decision making.
Our service philosophy, Helping you prosper, reflects our commitment to putting our clients and communities first.
You will continue to use First Savings Bank locations until system integration is complete. Once we reach system conversion, you’ll gain access to First Merchants’ full network of branches and fee-free ATMs across Indiana, Michigan, Ohio, and Illinois.
We will communicate the exact timing as we get closer, however the estimated timeline is Q2 2026.
- Yes—but not immediately. You will continue to see the First Savings Bank name at your branch until we complete the integration and signage transition later in 2026.
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.
- No. Your existing direct deposits and automatic payments will continue without interruption. No action is required.
