Update Browser: you are currently trying to view the First Merchants site using an outdated browser. In our commitment to your security, and in keeping with industry standards, we no longer support the browser you are using. Learn more.


This offer has expired as of December 31, 2019.

Sometimes a single moment reminds you why you started saving. Plan for the future with a Money Market Savings Account.

Our empowered bankers offer the confidence of knowing your money is working for all your future needs. Open a Money Market Savings Account or check out our great rates on CDs and IRAs.

Money Market Rate Banner

Different savings options. One common feature: Your money grows.

First Merchants Money Market Savings gives you a range of savings options focused on growing tomorrow’s wealth today.

Money Market Rate Banner disclosure box

*Annual Percentage Yield (APY) of 1.25% is available for the first 6 months with a $10,000 minimum opening deposit of new money to First Merchants Bank with Elite Checking Account. Annual Percentage Yield (APY) of 1.15% is available for the first 6 months with a $10,000 minimum opening deposit of new money to First Merchants Bank without Elite Checking Account. Offer effective December 11, 2019, through December 31, 2019. Balances of less than $10,000 will earn 0.01% APY. Rates are tiered based on account balance, subject to change and determined by the bank. Six free withdrawals per month and $10.00 per additional withdrawal including withdrawals made by Check, ACH, Telephone, Internet, Online Banking or Wire. Fees may reduce earnings. Offer cannot be combined with any other interest rate bonuses. Limited time offer, subject to change. May be withdrawn by bank at any 􀦞me. Promotional accounts cannot be opened online.

Talk to a banker today


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.