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Money Market Savings

Money Market Specials

Get more from your money with Money Market Savings. New rates mean you can put your money to work and save with First Merchants bank.

Rules and Restrictions apply. See below.

Money Market Savings

You can have it all! Get tiered interest rates based on your balance, with the convenience of check writing and ATMs to access your money when you need it.

Benefits:

Limits:

  • Six FREE withdrawals per month.
  • $10.00 per additional withdrawal.

(Including withdrawals made by ACH, Telephone, Internet, Online Banking and Wire)

Interest:

  • Rates are tiered based on account balance and may vary. Ask us for current rates.
  • Interest is accrued daily and credited monthly.

Minimum Opening Deposit:

  • $1,000

No Monthly Service Charge:

  • With a balance of $10,000

Otherwise an $8 monthly service charge applies.

Statement Options:

Start Saving Today!

Talk to one of our bankers today, and let us help you meet your savings goals!

Other service fees may apply.

*Annual Percentage Yield (APY) of 0.65% available for three months with a $10,000 minimum opening deposit of new money to First Merchants bank. Rates are tiered based on account balance and may vary. Six free withdrawals per month and $10.00 per additional withdrawl including withdrawals made by ACH, Telephone, Internet, Online Banking or Wire.

Ready to get started? Open an account online

Open a personal checking, savings, or CD account online in about 10 minutes, anytime you like! You’ll just need some identification documents and a way to make an opening deposit; our system will guide you through the process.