Does Merchants Bancorp pay their employees well?

According to anonymously submitted Glassdoor reviews, Merchants Bancorp employees rate their compensation and benefits as 4.1 out of 5. Find out more about salaries and benefits at Merchants Bancorp. This rating has improved by 2% over the last 12 months.

How satisfied are employees working at Merchants Bancorp?

91% of Merchants Bancorp employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Merchants Bancorp 4.0 out of 5 for work life balance, 4.4 for culture and values and 3.9 for career opportunities.

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Merchants Bancorp

Merchants Bancorp reviews

Work-life Balance is not great.... - Anonymous employee Merchants Bancorp Employee Review

3.0

Jul 11, 2022

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

The salaries and benefits are competitive.

Cons

Long work hours. Corporate cultural expectations to work on weekends and evenings.

Explore other reviews about Merchants Bancorp

5.0

Jul 29, 2025

Vice president

Recommend

CEO approval

Business Outlook

Pros

generous pay, benefits are out of this world. the culture is amazing

Cons

parking is tough sometimes downtown carmel

4.0

Dec 20, 2025

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Great culture and a good team.

Cons

N/A; no cons for this role.

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Work-life Balance is not great.... - Anonymous employee Merchants Bancorp Employee Review

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