Meet Our Executive Team

Michael J. Dunlap


Michael (Mike) Dunlap serves as Chairman of Merchants Capital Corp, President and CEO of Merchants Bank of Indiana, and President and COO of Merchants Bancorp. He joined Merchants Bank as Senior Vice President of Mortgage Banking in 2009. Mike became a member of the Board of Directors in 2014. He was primarily responsible for establishing the warehouse lending platform and Merchants Mortgage. He has over 25 years of mortgage banking experience. Prior to joining the Bank, he served as the Chief Financial Officer of National City Mortgage, now a part of PNC. Mike held similar finance positions at Bank One, now JPMorgan Chase and Waterfield Mortgage. He started his career as a Certified Public Accountant with KPMG after graduating with a Bachelor of Science degree from Indiana University Kelley School of Business.

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