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.

What are the pros of working at Merchants Bancorp according to real employee reviews?

"Great culture and a good team." ((in 6 reviews)); "Flexibility and work life balance" ((in 3 reviews))

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Merchants Bancorp

Merchants Bancorp reviews

Once great company losing steam - Business Systems Analyst Merchants Bancorp Employee Review

2.0

Jan 17, 2023

Business systems analyst

Recommend

CEO approval

Business Outlook

Pros

The people who work at Merchants are some of the best people you will ever get the opportunity to work with.

Cons

Lack of remote flexibility Low pay Bad outlook for future Micromanagement

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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Jobs at Merchants Bancorp

Product Manager and System Administration

Senior Loan Review Associate

Product Manager and System Administration

Carmel, IN

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Merchants Bancorp reviews FAQs

Merchants Bancorp reviews Merchants Bancorp Business Systems Analyst reviews Merchants Bancorp review

Merchants Bancorp

Once great company losing steam - Business Systems Analyst Merchants Bancorp Employee Review

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