General Info
Merchants Bank focuses on several aspects of mortgage and agricultural lending and retail banking services.
Location: Carmel
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Website: http://bankmerchants.com/
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🤖 AI Activity Report
Status: not-active
AI Reasoning: Search results and the institution’s press releases show recent lending and financing activity (e.g., press releases from March 14, 2025 and Jan 28, 2025) but these describe debt and mortgage financing by Merchants Capital/Merchants Bank rather than venture or startup investments. No evidence was found of investments into startups. Therefore classify as not-active based on absence of known startup investment within the last 12 months; last relevant financing activity to businesses reported March 14, 2025 which is more than 12 months ago relative to the cutoff used for startup investments. No named startup investment was found.
Here are the thresholds established for the different statuses:
Not Active – No known investments in the last 12 months.
Low Activity – Only known investments between the last 12 and 6 months.
Active – Known investments between the last 6 and 3 months.
Very Active – Known investments in the last 3 months.
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