Bank Branches › Closed and merged banks › Indiana › IAB Financial Bank
What happened to IAB Financial Bank?
IAB Financial Bank in Fort Wayne, IN (earlier called Grabill Bank) merged into First Merchants Bank of Muncie, IN on Jul 14, 2017. First Merchants Bank is open today.
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1946Grabill Bank opens in Fort Wayne, IN
- Oct 9, 2012renamed IAB Financial Bank
- Jul 14, 2017MERGEDIAB Financial Bank merged into First Merchants Bank of Muncie, IN.FDIC certificate 16400 ends; its business continues under certificate 4365.
- TodayOPEN
First Merchants BankMain office Muncie, IN · FDIC certificate 4365 · 129 offices in 3 states on June 30, 2026Every First Merchants Bank office → Website on file with the FDIC: www.firstmerchants.com
If you still have something from IAB Financial Bank
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows IAB Financial Bank as lienholder, start with First Merchants Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.
The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask First Merchants Bank to search for the account under the name IAB Financial Bank. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Ask First Merchants Bank which branch now holds boxes from the IAB Financial Bank office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Its offices in the FDIC deposit reports
22 offices filed under this charter in some year from 1994 on. 10 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 11075 Isabelle DrNew Haven, IN | OpenFirst Merchants Bank |
| 1401 W Dupont RdFort Wayne, IN | OpenFirst Merchants Bank |
| 13505 Main StGrabill, IN | OpenFirst Merchants Bank |
| 10403 Leo RdFort Wayne, IN | OpenFirst Merchants Bank |
| 1405 Baker PlBluffton, IN | OpenFirst Merchants Bank |
| 17505 State Road 37Harlan, IN | OpenFirst Merchants Bank |
| 6751 W Jefferson BlvdFort Wayne, IN | OpenFirst Merchants Bank |
| 2845 Guilford StHuntington, IN | OpenFirst Merchants Bank |
| 101 W Center StBourbon, IN | OpenFirst Merchants Bank |
| 855 Webster St, Ste 200Fort Wayne, IN | OpenFirst Merchants Bank |
| 1717 South Harrison PlazaBluffton, IN | No longer reported |
| 1001 Dehner DriveOssian, IN | No longer reported |
| 450 Bennett DriveWarren, IN | No longer reported |
| 180 East Morse StreetMarkle, IN | No longer reported |
| 13839 Amstutz RoadLeo, IN | No longer reported |
| 5217 Merchandise DriveFort Wayne, IN | No longer reported |
| 9031 Stellhorn Crossing ParkwayFort Wayne, IN | No longer reported |
| 1115 Avenue Of AutosFort Wayne, IN | No longer reported |
| 436 East Center StreetBourbon, IN | No longer reported |
| 8985 North U.S. 24 EastMarkle, IN | No longer reported |
| 210 North First StreetVan Buren, IN | No longer reported |
| 916 Main StreetNew Haven, IN | No longer reported |
Banks folded into IAB Financial Bank
2 banks merged directly into this charter.
| Bank | Ended |
|---|---|
| iAB Merger BankBourbon, IN | Feb 1, 2015 |
| MarkleBankMarkle, IN | Oct 9, 2012 |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 16400 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.