CARMEL, IN - Merchants Bank of Indiana (NASDAQ: MBIN) (“Merchants Bank”) is proud to announce it has received a superior rating from the nationally recognized bank rating agency IDC Financial Publishing, Inc. Merchants Bank of Indiana received a 300 rating, the highest possible safety rating awarded from the agency. Since 1985, IDC Financial Publishing, Inc. (IDC) has been rating the safety and soundness of over 10,000 financial institutions across the country. Each quarter, IDC.