Skip to main content
FMB Logo Header Desktop
Scroll To Top


First Merchants Carefree Checking

Great for clients who want a simple, easy account that includes all of our free features.




First Merchants Carefree Checking is FREE for students (under 25)

Additional Student Benefits²

  • No monthly maintenance fee
  • Free Paper Statements

How to keep it free:

  • Make one transaction per month,³ OR maintain $100 minimum combined personal deposit balances. Otherwise, $5 monthly maintenance fee.

Maximize your benefits by pairing this checking account with our Regular Savings account.  See a service associate for more details.

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


Open an Account Today.

Need help opening an account online?

Schedule Appointment

¹With 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.
²Students under age 25. At age 25, must meet account requirements to avoid monthly maintenance fee.
³Excludes bank service fees and charges, transaction must post during statement cycle. 

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

4Must have a bank account in the U.S. to use Zelle.

*Make a deposit within 60 days to avoid account closure or maintenance fees..

Please see terms and conditions of First Merchants Mobile Banking.