The Merchants Bank Data Breach: Reported Filing Facts

Merchants Bank is a financial institution that provides banking, lending, and wealth management services to its clients. As a result of these operations, the bank collects and maintains highly sensitive personal and financial data, including account details, government identification numbers, and transaction history. In 2025, the company officially reported a data security incident to the Indiana Attorney General, confirming that unauthorized access to their systems occurred. If you received a data breach notification letter from Merchants Bank, it indicates that your personal information was potentially compromised during this event. This notification is intended to inform you of the nature of the incident and the steps the institution is taking to address the exposure of your private records.

State: Indiana
Breach date: September 11, 2024
Reported: March 25, 2025

What to do if you were affected

These general steps can help limit the risk of identity theft and fraud after any data breach.

Stay alert to targeted scams
Be cautious of calls, texts, or emails that reference this breach. Legitimate organizations won't ask you to confirm sensitive details through an unsolicited message.
Keep your notification letter
Save the notice you received. It documents that your information was involved and is often needed to enroll in any credit monitoring offered or to join a related legal claim.

Related data breach cases

Browse all Indiana data breaches View the full case directory