Forbes magazine has named First Merchants Bank one of the World's Best Banks. The business publication put the Muncie-based bank, the second largest in Indiana with a large presence in Northwest Indiana, on its World’s Best Banks list for 2023. First Merchants, the successor to Citizens Financial Bank in Munster, ranked 31st out of 75 banks headquartered in the United States. “It is an honor for First Merchants Bank to be recognized as one of the World’s Best Banks by Forbes,” First Merchants CEO Mark Hardwick said. “Recognitions like this give us an opportunity to pause and acknowledge the incredible work of our dynamic and diverse First Merchants team,” said Mike Stewart, president of First Merchants Bank.

Source: Forbes May 13, 2023 15:37 UTC