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FirstMerit Corp. (FMER)

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Last Post: 8/17/2016 2:05:05 PM - Followers: 23 - Board type: Free - Posts Today: 0


 

About FirstMerit 

FirstMerit Corporation is a diversified financial services company headquartered in Akron, Ohio, with assets of $14.9 billion as of December 31, 2012 and 196 banking offices and 203 ATM locations in Ohio, Western Pennsylvania, and Chicago, Illinois areas. FirstMerit provides a complete range of banking and other financial services to consumers and businesses through its core operations. Principal affiliates include: FirstMerit Bank, N.A., FirstMerit Mortgage Corporation, FirstMerit Title Agency, Ltd. and FirstMerit Community Development Corporation.


After Merger:

FirstMerit Completes Acquisition of Citizens Republic Bancorp 
 Transaction forms 6th largest bank headquartered in Midwest 
 
Akron, Ohio, April 12, 2013 - FirstMerit Corporation (Nasdaq: FMER) announced today 
that it has consummated its acquisition of Flint, Michigan-based Citizens' Republic 
Bancorp. 
With pro-forma combined assets of$24.5 billion, the acquisition makes FirstMerit the 
sixth-largest bank headquartered in the Midwest. FirstMerit's footprint now extends 
through the contiguous states of Ohio, Michigan, Wisconsin, Illinois and Pennsylvania. 
The expanded company employs approximately 5,000 employees and offers customers 
more than 400 conveniently located branches and more than 440 ATM locations
The transaction, the largest in FirstMerit's history, marks FirstMerit's entrance into 
Michigan and Wisconsin and expands its presence in Northeast Ohio. On Saturday, April 
13, 2013, all former Citizens branches will reopen as FirstMerit locations. Full signage 
change will occur later this year. 
"I am excited to welcome our new employees and clients to FirstMerit," said Paul G. 
Greig, chairman, president and CEO. "It will be business as usual for customers of all 
former Citizens branches as they become a part of FirstMerit. Customers will recognize 
the familiar faces from Citizens who will continue to take care of their banking needs." 
 "We are pleased to bring the FirstMerit brand to Michigan and Wisconsin and look 
forward to serving the needs of retail, business and wealth management clients in our 
communities across the Midwest," said Sandy Pierce, vice chairman of FirstMerit and 
chairman and CEO of FirstMerit Michigan. "Our proven value proposition and 'you first' 
philosophy have kept us strong and profitable throughout the economic cycle and 
position us well to be the bank of choice with new and existing customers." 
 
 
Other FirstMerit Aquisitions:

2009

FirstMerit signs a definitive purchase and assumption agreement to acquire $1.2 billion of deposits and 24 Chicago-area branches from St. Louis-based First Bank. FirstMerit also acquires substantially all of the asset-based loans from an affiliate of First Bank under a separate loan purchase agreement. This transaction closes in the fourth quarter of 2009.

2010

FirstMerit closes on and converts First Bank branches in Chicago to FirstMerit. FirstMerit also acquires and converts George Washington Savings Bank in Chicago with assistance from the FDIC. In May, FirstMerit acquires Midwest Bank and Trust in Chicago from the FDIC.


Website :  https://www.firstmerit.com/personal/index.html

Ivestors Pagehttps://www.firstmerit.com/about-us/investors/index.html


 


 

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#532   Hello all! jip53 08/17/16 02:05:04 PM
#531   The FMER short wars have begun, this one Ecomike 01/26/16 11:44:07 PM
#530   Don't post much these days/ But I want A.L._is_retired 08/31/15 04:35:19 PM
#529   Looks like some fresh good news from FMER Ecomike 08/26/15 10:14:41 AM
#528   FMER buy has been called based on the Ecomike 03/13/15 03:41:04 AM
#527   Preferred shares of FMER are still collecting nice Ecomike 02/19/15 08:38:16 PM
#526   FMER up 5% today, nice regional US bank Ecomike 01/22/15 06:08:18 PM
#525   Been long FMER since 2009 :-) Ecomike 12/18/14 07:05:30 AM
#524   $FMER DD Notes ~ http://www.ddnotesmaker.com/FMER stocktrademan 12/14/14 10:09:40 AM
#523   FMER looks like a buy here to me. Ecomike 11/26/14 11:24:58 AM
#522   Haven't followed it for awhile. But it looks A.L._is_retired 02/20/14 01:01:43 PM
#521   Do you still follow this one? Any idea Ecomike 02/19/14 05:48:58 PM
#520   Odd sell off today, not sure why. I Ecomike 02/19/14 05:25:15 PM
#519   Pretty good news from favorite bank stock FMER Ecomike 11/01/13 12:23:05 AM
#518   Thanks I am staying in FMER till Ecomike 07/23/13 01:16:47 PM
#517   Finally out of FMER - Good Luck all. Tim 07/23/13 09:47:55 AM
#516   Still making non stop 52 week highs on Ecomike 07/20/13 03:39:41 PM
#515   I see that!!!! FMER keeps slowly climbing, non Ecomike 07/05/13 04:08:20 PM
#514   FMER - another impressive week closing out with Tim 07/05/13 04:01:39 PM
#513   FMER keeps making new 52 week highs. A Ecomike 06/29/13 03:00:39 PM
#512   I'M not complaining :-) Ecomike 06/19/13 10:28:41 AM
#511   FMER continues to advance with new 52 Week Tim 06/19/13 04:24:34 AM
#510   Slow and steady FMER keeps rising!!! Ecomike 06/10/13 09:49:00 PM
#509   Me too. Tim 05/08/13 05:10:32 AM
#508   I still have my shares!!! Ecomike 05/07/13 06:30:54 PM
#507   Nice - FMER continues hitting 52W highs. Tim 05/07/13 02:52:07 PM
#506   I hope not BAC..LOL.. But Citi has been A.L._is_retired 04/16/13 04:23:40 PM
#505   With a little luck maybe they will buy Ecomike 04/16/13 04:21:22 PM
#504   They put both of us up. LOL A.L._is_retired 04/16/13 04:19:47 PM
#503   Just Add yourself back on as MOD!!! Ecomike 04/16/13 04:18:40 PM
#502   I need to run to the Bank. LOL A.L._is_retired 04/16/13 04:14:57 PM
#501   There we go. Name just changed. I should've A.L._is_retired 04/16/13 03:57:40 PM
#500   That is what I have requested. Here is Ecomike 04/16/13 03:43:01 PM
#499   I guess we just change this board to FMER A.L._is_retired 04/16/13 03:37:14 PM
#498   Well I am going to hold the shares Ecomike 04/16/13 03:32:45 PM
#497   FMER I found it under FirstMerit "FirstMerit Corporation" A.L._is_retired 04/16/13 03:31:04 PM
#496   I got a 3/4" thick pile of dribble Ecomike 04/16/13 03:29:14 PM
#495   Yes but where's the PR ? LOL A.L._is_retired 04/16/13 03:25:45 PM
#494   Merger completed it seems, my shares show up Ecomike 04/16/13 03:22:34 PM
#493   Has anyone read the merger document here yet? Ecomike 04/05/13 11:21:18 PM
#492   I like it too. All the NASDAQ stocks A.L._is_retired 03/19/13 01:05:15 AM
#491   Must be an Ihub improvement! Nice. Ecomike 03/19/13 01:02:01 AM
#490   The CRBC chart in the quote box is A.L._is_retired 03/18/13 05:54:50 PM
#489   So is everyone else, which is why junk Ecomike 03/18/13 05:18:11 PM
#488   I've been looking at those and the Irish A.L._is_retired 03/18/13 05:07:01 PM
#487   One of my friends is buying up Greek Ecomike 03/18/13 04:56:36 PM
#486   I got the back divy then jumped ship. A.L._is_retired 03/18/13 02:51:48 PM
#485   The divy was great for those of us A.L._is_retired 03/18/13 02:50:04 PM
#484   I am sort of hoping the merger here Ecomike 03/18/13 02:32:32 PM
#483   Glad to see you're still here. I'm reviewing A.L._is_retired 03/18/13 02:21:41 PM
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