
Merchants Bank of Indiana
Merchants Capital: A leading full-service bank specializing in diverse housing finance solutions.
- 743
- Public
Merchants Bank of Indiana, through its subsidiary Merchants Capital, focuses on providing comprehensive housing finance solutions. Specializing in the refinance, acquisition, new construction, and substantial rehabilitation of multifamily, affordable, senior, and student housing, the firm leverages programs from Freddie Mac, Fannie Mae, and HUD/FHA. Their typical investment rounds include debt financing.
Notable within their portfolio is Merchants Capital, which has raised $16 million. The firm is led by key decision-makers with deep expertise in housing finance. Merchants Bank of Indiana offers unique value-add services such as adjustable-rate CDs, competitive money market rates, and specialized loan products designed to save customers significant mortgage interest. Their investment philosophy centers on fostering sustainable housing development through innovative financial solutions.
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Quick Facts
Who are Merchants Bank of Indiana's competitors?
Companies similar to Merchants Bank of Indiana include First Merchants, Merchants Bancorp, Merchants and Manufacturers Bank and First Financial.
When was Merchants Bank of Indiana founded?
Merchants Bank of Indiana was founded in 1923.
Where is Merchants Bank of Indiana's headquarters located?
Merchants Bank of Indiana's headquarters is located in Carmel, IN, US.
When was Merchants Bank of Indiana's last funding round?
Merchants Bank of Indiana's most recent funding round was for $46.2M (USD) in May 2021.
How much disclosed funding has Merchants Bank of Indiana raised?
As of May 14, 2021, Merchants Bank of Indiana has disclosed funding of $75.1M (USD). Undisclosed round amounts are excluded.
How many employees does Merchants Bank of Indiana have?
Merchants Bank of Indiana has 743 employees as of Jun 30, 2026.
Classification
- Industry
- LEI
- 549300WRDGBHKR1BXL98
- FDIC Certificate
- 8056
- RSSD
- 963945
- NAICS
- 522310Mortgage and Nonmortgage Loan Brokers
- 520000Finance and Insurance
- 522000Credit Intermediation and Related Activities
- 522300Activities Related to Credit Intermediation
- SIC
- 6100Nondepository Credit Institutions
- 6160Mortgage Bankers And Brokers
- 6163Loan Brokers
Show 4 more industry codes
- NAICS
- 522100Depository Credit Intermediation
- 522110Commercial Banking
- SIC
- 6000Depository Institutions
- 6020Commercial Banks