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 reviews

It's a good start - Analyst Merchants Bancorp Employee Review

3.0

Jul 8, 2025

Analyst

Recommend

CEO approval

Business Outlook

Pros

Decent Salary Range for a first-time job

Cons

the expectations vary across each department and make the work life balance less equal

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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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Merchants Bancorp

It's a good start - Analyst Merchants Bancorp Employee Review

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