What bank did first merchants buy?

Written by Editorial Team | Last Updated: August 2026

First Merchants Corporation, a growing financial holding company based in Indiana, has steadily expanded its regional community banking footprint through strategic acquisitions. Most notably, First Merchants completed the acquisition of Level One Bancorp, Inc., the parent company of Level One Bank, based in Michigan. This strategic transaction significantly broadened First Merchants' commercial and retail banking presence across high-growth Michigan markets, adding key banking centers in Detroit and surrounding communities to its expanding multi-state network.

Related FAQs

Yes, 031101279 is a completely valid and active routing number within the American banking system. It is officially allocated to The Bancorp Bank (and associated corporate entities under its banking charter) based in the state of Delaware.