Monthly fee
$10
−$120 a year for an everyday customer: fees and interest, $2,000 kept.
First Merchants Bank · Checking account
First Merchants First Direct Checking
−$120 a year for an everyday customer. $10 a month. No minimum to open.
- A year, everyday customer
- −$120
- Monthly fee
- Receipt · Monthly feeChecked Nov 8, 2026
Issuer document · firstmerchants.com · PDF
The source states this figure; we have no exact sentence on file yet.
- To open
- Receipt · Minimum to openChecked Nov 8, 2026
Issuer's page · firstmerchants.com
The source states this figure; we have no exact sentence on file yet.
Against the market
How it ranks
#857of 1043 checking accounts, by a year’s value for an everyday customer
All 1043 checking accounts, rankedFeatures
- ATM fee rebates
- Bill pay
- Branch access
- Budgeting tools
- Card lock
- Debit card
- Early direct deposit
- Mobile check deposit
- Online opening
- Overdraft grace period
- Overdraft protection transfer
- Savings round ups
- Spending alerts
- Zelle
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
In the bank’s words
Terms
Fees
- Monthly fee
- $10 a monthfirstmerchants.com, checked Nov 8, 2026
- Ways to avoid the monthly fee
- one direct deposit of $200 per monthfirstmerchants.com, checked Nov 8, 2026
- Minimum to open
- Nonefirstmerchants.com, checked Nov 8, 2026
- Overdraft fee
- $37firstmerchants.com, checked Nov 8, 2026
- Returned item (NSF) fee
- Nonefirstmerchants.com, checked Nov 8, 2026
- Overdraft transfer fee
- Nonefirstmerchants.com, checked Nov 8, 2026
- Most overdraft fees in a day
- 6firstmerchants.com, checked Nov 8, 2026
- ATM network
- MoneyPassfirstmerchants.com, checked Nov 8, 2026
- ATMs in the network
- 40,000firstmerchants.com, checked Nov 8, 2026
- International ATM fee
- $3firstmerchants.com, checked Nov 8, 2026
- Incoming domestic wire
- $17firstmerchants.com, checked Nov 8, 2026
- Outgoing domestic wire
- $30firstmerchants.com, checked Nov 8, 2026
- Incoming international wire
- $20firstmerchants.com, checked Nov 8, 2026
- Outgoing international wire
- $50firstmerchants.com, checked Nov 8, 2026
- Paper statements
- $3 a monthfirstmerchants.com, checked Nov 8, 2026
- Inactivity fee
- $5firstmerchants.com, checked Nov 8, 2026
- Early closure fee
- $50firstmerchants.com, checked Nov 8, 2026
- Cashier’s check
- $8firstmerchants.com, checked Nov 8, 2026
- Stop payment
- $37firstmerchants.com, checked Nov 8, 2026
- Card replacement
- $10firstmerchants.com, checked Nov 8, 2026
Who can open it
- Availability
- For those whose employer has a First Direct agreement with First Merchants Bank or for those customers who are a member of the U.S. Military, Police Officer, Firefighter, Paramedic, or works in the Healthcare or Education field.firstmerchants.com, checked Nov 8, 2026
FDIC-insured, up to $250,000 per depositor, per ownership category: FDIC BankFind.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money · Not stated: 1 item counted at typical fees