US Bank Directory

Banks in Milan, MI

1 FDIC-insured bank operates 1 office in Milan, Michigan, and 1 credit union has 1 office.

Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026.

Bank branch map: Milan

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: 2 banks and credit unions operate 2 locations in Milan, according to the FDIC and the NCUA. 2 of them have coordinates on record and are on the map. 1 publish opening hours.

BankCredit unionMain office

Branches: FDIC, NCUA. Streets: loading.

2 locations 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 and credit unions in Milan

Sorted by number of local branches. Each branch shows where its hours and phone number come from.

Short answer: First Merchants Bank is the only bank with an office in Milan. Open any bank to see each address, today's hours where the bank publishes them and the phone number.

American 1 Credit Union 1 office · main office Jackson, MI Credit union · 1

American 1 Credit Union has 1 office in Milan, 18 across Michigan. It is based in Jackson, MI and $666.9 million in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.

Who can join: see the credit union's site.

  • Milan
    108 W Main St, 48160
    (734) 439-0630Today 9 am to 5 pm
    All hours

    Mon to Thu 9 am to 5 pm; Fri 9 am to 6 pm; Sat 9 am to 2 pm; Sun not published

    Hours: NCUA, March 31, 2026

American 1 Credit Union: profile, branches and contacts
First Merchants Bank 1 branch · main office Muncie, IN Bank · 1

First Merchants Bank has 1 branch in Milan, 34 across Michigan and 135 nationwide. FDIC records list its main office in Muncie, IN and show it operating since 1893. With $21.32 billion in total assets on June 30, 2026, it ranks No. 101 of 4,232 U.S. banks by total assets. The Milan Branch at 14690 S Sanford Rd dates to 1978 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Milan Branch
    14690 S Sanford Rd, 48160
    Hours: see the bank's site
First Merchants Bank: profile, branches and contacts

Join a credit union in Milan

1 credit union has 1 office here: American 1 Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Milan page has every office in the state's directory.

Banking in Milan: the local picture

Short answer: 1 bank runs 1 branch in Milan 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 Merchants Bank has its main office in Muncie, IN, according to the FDIC.

The bank with the longest record here is First Merchants Bank, operating since 1893 according to the FDIC.

The only credit union with an office here is American 1 Credit Union.

Of the 1 location with published hours. 1 opens on Saturday. 1 location has no published hours in these sources.

Credit unions open on Saturday in Milan

Short answer: 1 of the 1 Milan location with published hours opens on Saturday, run by 1 institution.

Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 1 of the 2 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.

Chase, Bank of America and other national banks

Which big national banks have branches in Milan, and where the nearest one is if they do not.

Short answer: No branches in Milan: Chase (nearest in Ypsilanti, 9 mi), Wells Fargo (nearest in Birmingham, 39 mi), Bank of America (nearest in Ypsilanti, 10 mi), PNC Bank (nearest in Belleville, 11 mi), U.S. Bank, Truist, Fifth Third Bank (nearest in Ypsilanti, 9 mi), Huntington (nearest in Saline, 8 mi), Regions Bank, TD Bank, BMO.

BankIn MilanNearest branch if none here
ChaseNoneYpsilanti, 9 miles away
Wells FargoNoneBirmingham, 39 miles away
Bank of AmericaNoneYpsilanti, 10 miles away
PNC BankNoneBelleville, 11 miles away
U.S. BankNonenone in Michigan
TruistNonenone in Michigan
Fifth Third BankNoneYpsilanti, 9 miles away
HuntingtonNoneSaline, 8 miles away
Regions BankNonenone in Michigan
TD BankNonenone in Michigan
BMONonenone in Michigan

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Milan to the nearest branch in Michigan.

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%.

Fed Funds Target Range3.75% - 4.00%FOMC, Sep 16 2026
30-Yr Fixed Mortgage Avg6.76%Freddie Mac PMMS, Sep 10 2026
15-Yr Fixed Mortgage Avg6.09%Freddie Mac PMMS, Sep 10 2026
Avg Credit Card APR22.15%Fed G.19, accounts assessed interest, Q2 2026
Best 12-Month CD4.25%Barclays and Popular Direct, Sep 16 2026
Best High-Yield Savings3.95%Bread Savings, Sep 16 2026

One year at this rate earns about $0; at the best published savings rate (3.75%) about $0.

OfferBankAPYTermMinimum
SavingsCIT Bank3.75%none$5,000
SavingsBarclays3.50%none$0
SavingsMarcus by Goldman Sachs3.40%none$0
CDSynchrony Bank4.35%60 Months$0
CDMarcus by Goldman Sachs4.35%24 Months$500
CDAmerican Express National Bank4.25%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 Milan residents like anyone else.

Banks near Milan

Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.

Short answer: The closest towns with more choice are Saline (8 miles) and Dundee (9 miles). Ann Arbor, 14 miles away, has the most banks nearby: 14.

Bank branch openings and closings in Milan

FDIC branch records, between September 5, 2025 and September 5, 2026.

Short answer: FDIC branch records show no bank branch openings in Milan between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Largest banks in Milan by total assets

Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Milan offices.

Short answer: First Merchants Bank is the largest bank with offices in Milan, with $21.32 billion in total assets on June 30, 2026, No. 101 among U.S. banks by total assets. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

BankTotal assetsRankOffices hereMain office
First Merchants Bank$21.32 billionNo. 1011Muncie, 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 Milan: FAQ

How many banks are in Milan, MI?

Milan has 1 bank with 1 branch and 1 credit union with 1 office, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.

Is there a First Merchants Bank in Milan, MI?

Yes. FDIC data lists 1 First Merchants Bank branch in Milan as of September 5, 2026. The address and directions are under First Merchants Bank above.

Is there a Chase in Milan, MI?

No. FDIC data lists no Chase branch in Milan as of September 5, 2026. The nearest is in Ypsilanti, about 9 miles away in a straight line.

Which banks in Milan are open on Saturday?

American 1 Credit Union publishes Saturday hours for one or more Milan locations. The Saturday section above lists each one with its hours. 1 of the 2 locations here do not publish hours in the sources this page uses; call ahead.

What is the oldest bank in Milan?

First Merchants Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1893.

Which credit unions can I join in Milan?

American 1 Credit Union has an office in Milan. Check each credit union's membership rules before you apply.

Did any bank branches open or close in Milan 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 Milan?

Nearby cities with more banks include Saline, Dundee, Ypsilanti. Saline is 8 miles away with 4 banks.

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.

DataSourceLicenseUpdatedData as of
FDIC-insured banks: branches, main offices, total assets, dates establishedFDIC BankFind Suite APIPublic data (U.S. government)Monthly importSep 5, 2026
Credit union offices, phones and hours as filed with the NCUA, total assetsNCUA call report dataPublic data (U.S. government)Quarterly importMar 31, 2026
Map coordinates of 1 credit union offices whose NCUA record has none, from the office addressU.S. Census Bureau GeocoderPublic data (U.S. government)With each NCUA importOct 19, 2026
Savings and CD rates, national averagesBanrox Bank RatesBanrox, from the banks' own rate pages and FDIC national ratesWeeklysee each rate

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