How many employees work at Merchants Bank Indiana?

Merchants Bank of Indiana has 634 employees, according to Revelio Labs workforce intelligence data. The YoY growth rate is 5.8%.

Data source: Revelio Labs Coverage: Global workforce Latest update: December 2025

About Merchants Bank Indiana

Merchants Bank focuses on several aspects of mortgage and agricultural lending and retail banking services from six Indiana locations. Merchants has $17 billion in assets and more than 600 corporate employees. Merchants Bank owns Merchants Capital, a leading national multi-family housing mortgage company. Social Media Guidelines and Terms: www.merchantsbankofindiana.com/social-media-guidelines/

As of December 2025

Merchants Bank Indiana
workforce metrics

Headcount

634

Avg. Salary

$103.5k

Tenure

3.2yr

Growth Rate

5.8%

Hiring Rate

Attrition Rate

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Employee Headcount

Interactive chart of Merchants Bank Indiana annual worldwide employee count from 2023 to 2025.

  • Merchants Bank Indiana total number of employees in 2025 was 635, a 5.8% increase from 2024.
  • Merchants Bank Indiana total number of employees in 2024 was 599, a 11.8% increase from 2023.
  • Merchants Bank Indiana total number of employees in 2023 was 532, a 9.3% increase from 2022.

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Employee Geographic Breakdown

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Employee Role Breakdown

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Employee Compensation

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Active Job Postings

Interactive chart of Merchants Bank Indiana annual active job postings from 2023 to 2025.

  • Merchants Bank Indiana active job postings in 2025 was 33, a 37.0% decline from 2024.
  • Merchants Bank Indiana active job postings in 2024 was 48, a 52.6% increase from 2023.
  • Merchants Bank Indiana active job postings in 2023 was 28, a 25.0% decline from 2022.

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Employee Sentiment

Sentiment Topics

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