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Merchants Capital

#62,945 H-1B sponsor of 76,738
H-1B Visa Sponsorship 2026

Commercial Banking Β· H-1B sponsor Β· FY2017–2026

🏒 Carmel, IN HQ🌐 merchantsbankofindiana.com

Does Merchants Capital sponsor H-1B visas and green cards?

Yes. Merchants Capital has filed 4 H-1B LCAs and 1 PERM green-card case with the U.S. Department of Labor between FY2020 and FY2026. In FY2026 Merchants Capital filed 1 H-1B LCA, and 1 green-card case was decided.

It files most often for Database Analyst roles, most in Carmel, IN.

H-1B filings
4
(FY2020–2026)
Median base pay
$72k
$68k–$75k typical (FY2025)
Pay vs market
-40%
below national median ($120k, FY2025)
Green-card (PERM) filings
1
(FY2025)

H-1B pay & filings by year

Median base salary (line) and H-1B filing volume (bars), by fiscal year

Show the numbers behind this chart
Merchants Capital Corporation H-1B LCA filings and median base salary by fiscal year
Fiscal yearH-1B LCA filingsMedian base salary
FY2026 (partial)1$78k
FY20231$74k
FY20211$70k
FY20201$62k

A fiscal year marked partial is still in progress, so its total is lower than a complete year and the two are not comparable.

H-1B wage floor & filing outcomes

What this employer pays against the DOL legal minimum, how senior the roles are, and how the filings were decided

Pay vs the legal floor
$72k
16% above the $62k prevailing wage
Role seniority (wage levels)
100% entry to mid
4
LCA decisions
100.0% certified
4 of 4 filings
USCIS I-129 petition outcomes Β· FY2017–2023
Approved2 petitions
Denied0 petitions
LCA filings by type Β· FY2020–2026
New employment1 filings25%
Transfers in0 filings0%
Renewals3 filings75%

Roles they file for

Top occupations (SOC) Β· click to search

Where they hire

Green-card (PERM)

1 green-card (PERM) filing in FY2025, median offer $103k. Too few years to chart a trend.

Worker backgrounds

From green-card (PERM) cases

1 green-card (PERM) case, from FY2025. DOL stopped publishing worker details that year.

Pay against the local market

Merchants Capital’s most-filed occupations and metros, FY2020–FY2026. Its median base salary is 72% of the local BLS median for the same work.

OccupationMetroFilingsMerchants Capital payLocal BLS median‑vs market
Database AdministratorsIndianapolis, IN2$67,659$83,40581%
Database AdministratorsDallas, TX2$73,828$118,15062%

About Merchants Capital

Name (DOL filings)
Merchants Capital Corporation
Listed
β€”
Sponsoring since
FY2020
Main filing location
Carmel, IN
Industry (NAICS)
Commercial Banking
H-1B filings
4
Median base
$71,578
R&D
β€”

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