US Bank Directory
Banks in Michigantown, IN
1 FDIC-insured bank operates 1 office in Michigantown, Indiana.
Source: FDIC BankFind, data as of September 5, 2026.
Bank branch map: Michigantown
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 1 institution operates 1 location in Michigantown, according to the FDIC. 1 of them has coordinates on record and is on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.
Branches: FDIC, NCUA. Streets: loading.
1 location on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks in Michigantown
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: First Bank Midwest is the only bank with an office in Michigantown. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
First Bank Midwest Bank · 1
First Bank Midwest has 1 branch in Michigantown, 20 across Indiana and 14 nationwide. FDIC records list its main office in Frankfort, IN and show it operating since 1887. With $1.55 billion in total assets on June 30, 2026, it ranks No. 731 of 4,232 U.S. banks by total assets. The Michigantown Branch at 219 Main St dates to 1946 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Michigantown Branch219 Main St, 46057
Banking in Michigantown: the local picture
Short answer: 1 bank runs 1 branch in Michigantown according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
First Bank Midwest has its main office in Frankfort, IN, according to the FDIC.
The bank with the longest record here is First Bank Midwest, operating since 1887 according to the FDIC.
The one location here does not publish hours in the sources this page uses. Each branch links to the bank's own site.
Chase, Bank of America and other national banks
Which big national banks have branches in Michigantown, and where the nearest one is if they do not.
Short answer: No branches in Michigantown: Chase (nearest in Zionsville, 24 mi), Wells Fargo, Bank of America (nearest in Carmel, 26 mi), PNC Bank (nearest in Kokomo, 16 mi), U.S. Bank (nearest in Connersville, 80 mi), Truist (nearest in New Albany, 140 mi), Fifth Third Bank (nearest in Westfield, 25 mi), Huntington (nearest in Lebanon, 20 mi), Regions Bank (nearest in Frankfort, 6 mi), TD Bank, BMO (nearest in Kokomo, 17 mi).
| Bank | In Michigantown | Nearest branch if none here |
|---|---|---|
| Chase | None | Zionsville, 24 miles away |
| Wells Fargo | None | none in Indiana |
| Bank of America | None | Carmel, 26 miles away |
| PNC Bank | None | Kokomo, 16 miles away |
| U.S. Bank | None | Connersville, 80 miles away |
| Truist | None | New Albany, 140 miles away |
| Fifth Third Bank | None | Westfield, 25 miles away |
| Huntington | None | Lebanon, 20 miles away |
| Regions Bank | None | Frankfort, 6 miles away |
| TD Bank | None | none in Indiana |
| BMO | None | Kokomo, 17 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Michigantown to the nearest branch in Indiana.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Michigantown residents like anyone else.
Banks near Michigantown
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Frankfort (7 miles) and Rossville (13 miles). Kokomo, 17 miles away, has the most banks nearby: 8.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Frankfort, IN | 7 mi | 3 | 4 |
| Banks in Rossville, IN | 13 mi | 2 | 2 |
| Banks in Flora, IN | 17 mi | 4 | 4 |
| Banks in Sheridan, IN | 17 mi | 2 | 2 |
| Banks in Kokomo, IN | 17 mi | 8 | 18 |
| Banks in Lebanon, IN | 19 mi | 8 | 9 |
| Banks in Tipton, IN | 19 mi | 3 | 3 |
| Banks in Delphi, IN | 23 mi | 3 | 3 |
Bank branch openings and closings in Michigantown
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Michigantown between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Largest banks in Michigantown by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Michigantown offices.
Short answer: First Bank Midwest is the largest bank with offices in Michigantown, with $1.55 billion in total assets on June 30, 2026, No. 731 among U.S. banks by total assets. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| First Bank Midwest | $1.55 billion | No. 731 | 1 | Frankfort, IN |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Michigantown: FAQ
How many banks are in Michigantown, IN?
Michigantown has 1 bank with 1 branch, according to FDIC data as of September 5, 2026.
Is there a First Bank Midwest in Michigantown, IN?
Yes. FDIC data lists 1 First Bank Midwest branch in Michigantown as of September 5, 2026. The address and directions are under First Bank Midwest above.
Is there a Chase in Michigantown, IN?
No. FDIC data lists no Chase branch in Michigantown as of September 5, 2026. The nearest is in Zionsville, about 24 miles away in a straight line.
What is the oldest bank in Michigantown?
First Bank Midwest has the longest record among banks with a branch here: the FDIC shows it operating since 1887.
Did any bank branches open or close in Michigantown in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Michigantown?
Nearby cities with more banks include Frankfort, Rossville, Flora. Frankfort is 7 miles away with 3 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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