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    First Merchants Corporation (FRME)

    25.73 Down 0.32(1.23%) May 26, 4:00PM EDT
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    First Merchants Corporation
    200 East Jackson Street
    Muncie, IN 47305
    United States - Map
    Phone: 765-747-1500
    Website: http://www.firstmerchants.com

    Index Membership:N/A
    Industry:Regional - Midwest Banks
    Full Time Employees:1,529

    Business Summary 

    First Merchants Corporation operates as the financial holding company for First Merchants Bank, National Association that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as rents safe deposit facilities. The company also provides personal and corporate trust, full-service brokerage, corporate, letters of credit, and repurchase agreements services. In addition, it operates as a property, casualty, personal lines, and employee benefit insurance agency. The company operates 116 banking locations in 27 Indiana, 2 Illinois, and 2 Ohio counties. Its delivery channels include ATMs, check cards, remote deposit capture, interactive voice response systems, and Internet technology. The company was founded in 1893 and is headquartered in Muncie, Indiana.

    Key Statistics

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    Corporate Governance 
    First Merchants Corporation’s ISS Governance QuickScore as of May 1, 2016 is 6. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 8; Compensation: 6.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Michael C. Rechin , 57
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of First Merchants Bank, Pres of First Merchants Bank and Director of First Merchants Bank
    Mr. Mark K. Hardwick , 45
    Chief Financial Officer, Chief Operating Officer and Exec. VP
    Mr. Stephan H. Fluhler , 47
    Chief Information Officer and Sr. VP
    Mr. Michael J. Stewart , 50
    Chief Banking Officer and Exec. VP
    Mr. John J. Martin , 49
    Chief Credit Officer and Exec. VP
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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