First Preferred Checking

Earn interest while getting lots of extras with First Preferred checking. You receive the best-in-class features, getting the most from your banking experience.


  • FREE Debit Card
  • FREE Gold Standard RewardsTM
  • FREE Online Banking & Bill Pay (Must be 18 years of age to use Bill Pay)
  • FREE Mobile, Text Banking and Telephone Banking
  • FREE access to all our ATMs*
  • FREE Standard Checks
  • FREE Official Checks & Money Orders
  • Earn interest
  • Bonus on all CDs opened while part of the First Preferred program
  • 25% off Safe Deposit Box rental
  • .25% discount on personal loan rates** with automatic payment from your First Merchants checking account


  • 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:

  • $100

No Monthly Service Charge:

  • With minimum balance of $3,000
  • OR $20,000 total deposit relationship

WITHOUT minimum balance of $3,000 or $20,000 total deposit relationship:

  • eStatements - $9
  • Paper Statements - $10
  • Paper Statements with check images - $12


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

Other service fees may apply.

*Foreign ATM transactions (fees):  Accounts opened in the Indiana counties of Porter, LaPorte, and Lake; and the Illinois counties of Will, Kendall, Kane, DuPage, and Cook receive five (5) foreign ATM transactions per statement cycle at no cost.  Foreign ATM transactions are inquiries, transfers, and withdrawals at a non First Merchants ATM and do not include surcharges that may be assessed by the owner of the ATM. **Subject to credit approval. Excludes first mortgage real estate loans and lines of credit. Offer valid for consumer purpose installment loans only.