Choose The Account
That Works Best For You
Managing your checking finances well starts with choosing the account that aligns with your lifestyle and spending habits. With our personal checking product comparison tables, finding the perfect fit is simple.
Show Me Checking Accounts For:
Accounts To Empower Your Everyday
Each of our checking accounts is designed differently, with unique features focused on serving your needs.
First Merchants Advantage Checking
For clients who are frequent debit card users or receive monthly direct deposits.
Open Now Open An AccountFirst Merchants Carefree Checking
Great for those who want a simple, easy account that includes all of our free features.
Open Now Open An AccountFirst Merchants Simple Access Checking
A convenient online checking account with no overdraft fees to help build your banking history with ease.
Open Now Open An Account• One $500 direct deposit2 per month
• 15 debit card transactions per month
• Maintain at least $1,500 in minimum combined personal deposit balances
• One customer-initiated transaction1per month
• Maintain at least $100 in minimum combined personal deposit balances
• Verify that you are a student under age 25
(62 and over)3
(under age 25)3
Top-Quality Accounts For Excelling Financially.
Our premium accounts offer exclusive benefits and advantages designed to maximize your banking experience and financial progress.
First Merchants Elite Checking
For those who maintain large balances, and would like to receive higher interest earnings and special benefits.
First Merchants First Direct Checking
For employees of participating businesses, first responders, members of the military, teachers, and healthcare workers.
Open Now Open An Account1 Excludes bank service fees and charges, transactions must post during statement cycle
2 Multiple deposits of less than required amount will not qualify to waive the monthly maintenance fee.
3 Students under age 25 can receive Free paper statements, and no monthly maintenance fee with a First Merchants Carefree Checking Account. Seniors 62 and over can receive Free paper statements, Free specialty checks and no monthly maintenance fee with a First Merchants Advantage Checking account.
Other service fee may apply. Please see our Banking Fees.
*Make a deposit within 60 days to avoid account closure or maintenance fees.
**APY (Annual Percentage Yield)
