FIRST DIRECT CHECKING

Exclusive Benefits and Everyday Conveniences, Built for Those Who Serve

First Direct Checking rewards the people who make our communities stronger — including first responders, military members, healthcare professionals, educators, and employees of Workplace Banking partners. Enjoy premium benefits, smarter banking tools, and simple ways to stay in control of your money.

Premium Perks at No Extra Cost

• No opening deposit required¹
• No annual fee on new Home Equity Lines of Credit (HELOC)²
• Complimentary retirement consultation
• Discount on residential first mortgage closing costs³
• Two overdraft items waived per rolling 12-month calendar
• Free Specialty Checks, Official Checks, and Money Orders
• 25% discount on Safe Deposit Box rental where available
• Free eStatements (paper statements are $3 per month)

Build Savings Automatically

Round Ups help you grow your savings or support a cause you care about. Each time you make a debit card purchase, we round it up to the nearest dollar. The difference is deposited into your savings account—or donated to a charity of your choice.

Just choose your preferences in your app and you’ll be ready to swipe, save, and impact.

Get Paid Early and Stay Ahead

Early Pay puts your money in your hands sooner. With qualifying direct deposits, get paid up to two days early⁴—automatically and at no cost. That means more flexibility to manage bills, cover surprises, and plan with confidence, without waiting for payday.

Avoid Overdraft Stress

Life happens. Overdraft Helper^TM helps protect you from common fees. First Direct Checking offers peace of mind built right into your account:

• No overdraft fee if you’re overdrawn by $50 or less at the end of the business day⁵
• No Overdraft Protection Transfer fees⁶

Bank Securely with a Top-Rated App

Everything you need to manage, protect, and plan—anytime. Our secure, top-rated mobile app helps you stay in control wherever you are:

• Deposit checks, pay bills, and manage your account
• Track spending and build a budget
• Monitor your credit score and financial progress
• Open additional accounts in minutes

Built-In Safeguards for Everyday Life

First Merchants checking accounts include multiple layers of protection to help you catch issues early and stay in control:

• ID Theft Protection⁷ to help safeguard your identity
• Credit monitoring and score access to spot fraud sooner
• Debit card controls to instantly manage your card if it’s lost or misplaced
• Realtime alerts for transactions and low balances

Everyday Value That Rewards You

• Access to 40k+ no fee ATMs nationwide through MoneyPass^®
• Send money fast with Zelle^®8

Simple Pricing

• $0 monthly maintenance fee with one direct deposit of $200 per month⁹

Otherwise, a $10 monthly maintenance fee applies

Check out the full list of features and fee information.

¹ Make a deposit within 60 days to avoid account closure or maintenance fees. Other service fees may apply. Please see our Banking Fees.

² Subject to credit approval.

³ Credit may only be applied towards closing costs and not applied as a principal reduction, or considered part of any minimum down-payment requirement, or be used towards cash back to the borrower at closing. May not be combined with any other offer or exceed third party contribution limits. First Direct account must be opened prior to the initial underwriting of the loan.

⁴ Terms and conditions apply. Early Pay is a free service that First Merchants Bank offers at its discretion. We can’t guarantee you’ll always get your paycheck early—it depends on how and when your employer sends us your direct deposit. Not all employers send deposits early or label them in a way that qualifies for Early Pay. If your deposit doesn’t meet the criteria, it will arrive on your regular payday.

⁵ No overdraft fees if you’re overdrawn by $50 or less at the end of the business day and no daily fee until day 5. Overdraft Helper™ does not require enrollment and comes with most First Merchants Personal Checking accounts. It does not apply if an account is set up for overdraft protection transfers from another account or for Simple Access accounts, which do not permit overdrafts.

⁶ To help you avoid overdraft fees, we recommend calling or coming into a branch to link another First Merchants account for overdraft protection transfers. If you overdraft, we’ll automatically transfer funds in $50 increments from your linked deposit account—with no transfer fee. Linked account balance must cover the overdraft, and standard account fees may still apply.

⁷ Certain restrictions, terms, and conditions apply. Please see www.mastercard.us/zero-liability for more details. Mastercard® benefits are offered through Mastercard® card services. Please call 1-800-MASTERCARD for assistance. Mastercard® Enhanced Benefits are provided by Mastercard® to First Merchants Personal Mastercard® debit card holders at no additional cost.

⁸ Zelle^® and the Zelle^® related marks are wholly owned by Early Warning Services, LLC and are used herein under license. To send or receive money with Zelle^®, both parties must have an eligible checking or savings account.

⁹ Multiple deposits of less than required amount will not qualify to waive the monthly maintenance fee.

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.