Bank
Merchants Bank
Merchants Bank was a state-chartered, FDIC-insured bank based in Vermont that provided traditional banking services until its acquisition in 2017.
Key Statistics
As of December 2025, public records show Merchants Bank has originated approximately $43.5M in loan volume over the past 12 months, with an average loan size of $470k.
Volume (12mo)
$43.5M
Avg Loan Size
$470k
Total Mortgages
11,019
Total Borrowers
479
Lending Entities
Merchants Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
11,019 mortgages recorded
+1 more not shown
Geography
Merchants Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 32
Volume (12mo): $11.3M
Total Volume: $72.1M
Mortgages (12mo): 3
Volume (12mo): $4.3M
Total Volume: $559.2M
Mortgages (12mo): 3
Volume (12mo): $27.8M
Total Volume: $1.5B
Top Borrowers
The following individuals have the most recorded mortgage transactions with Merchants Bank. Click on a borrower to view their full investor profile.
+476 more not shown
FAQ
What type of lender is Merchants Bank?
Merchants Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (15%) and personal loans in their portfolio.
What entities does Merchants Bank fund loans under?
Merchants Bank originates mortgages through 2 different lending entities. The most common include Merchants Bank. These are the legal entity names that appear on recorded mortgage documents.
Where is Merchants Bank most active?
Based on recorded mortgages, Merchants Bank is most active in North Dakota, Minnesota, and Indiana.
How many loans has Merchants Bank originated?
Public records show 11,019 mortgages recorded for Merchants Bank, with $43.5M in volume over the past 12 months.
What is the average loan size for Merchants Bank?
The average mortgage size for Merchants Bank is $470k based on all recorded mortgages.
Does Merchants Bank offer short-term loans?
Merchants Bank primarily offers long-term financing, with only 7% of loans being short-term.
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.