Merchants Bank data breach

Clerk's notes

Merchants Bank, headquartered in Indiana, formally reported a data security incident to regulators on March 25, 2025. This notification follows a breach that reportedly occurred on or around September 11, 2024, affecting individuals whose personal information was held by the bank.

The precise nature of this security event and the categories of personal information potentially affected remain unspecified in public filings. Merchants Bank has not yet disclosed details regarding how the breach occurred or the specific types of your data that may have been exposed through this incident.

The incident is currently under investigation. This means authorities and the bank are actively working to understand the full scope and impact of the breach. Individuals who receive a notification letter from Merchants Bank should consider this a formal alert regarding the potential compromise of their information.

As the investigation continues, individuals who believe they are affected should take proactive steps. Regularly review financial statements and credit reports for any suspicious activity. Consider placing fraud alerts or security freezes on your credit files to help prevent unauthorized access to your identity.

If you received a breach notification from Merchants Bank and are concerned about the security of your personal information, a free case review can help clarify your options. Understanding the potential impact of such incidents is important, and legal professionals can discuss the circumstances without establishing an attorney-client relationship.

If a notification letter about this breach reached you, see every IN data breach on file or browse all cases.