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Investigation OpenIndiana AG filing · March 25, 2025

The Merchants Bank Data Breach: Incident Facts and Free Case Review

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

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