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Monday, December 28, 2009, 11:02AM ET - U.S. Markets close in 4 hours and 58 minutes. Dow Up 0.11% Nasdaq Up 0.24%
FirstMerit Corporation (FMER)At 10:47AM ET: 20.5235  Up 0.0335 (0.16%)  
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FirstMerit Corporation
III Cascade Plaza
7th Floor
Akron, OH 44308-1103
United States - Map
Phone: 330-996-6300
Fax: 330-384-7321
Web Site: http://www.firstmerit.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:2,575

BUSINESS SUMMARY 
FirstMerit Corporation operates as the bank holding company for FirstMerit Bank, N.A., which provides a range of banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers in northern and central Ohio, and western Pennsylvania. The company’s commercial business offers commercial loans, such as term loans, revolving credit arrangements, inventory and accounts receivable financing, commercial mortgages, real estate construction lending, and letters of credit. Its retail business provides consumer lending and deposit gathering, and residential mortgage loan origination services. This business offers various retail financial products and services, including direct and indirect installment loans, debit and credit cards, home equity loans and lines of credit, residential mortgage loans, fixed and variable annuities, and automated teller machine (ATM) network services, as well as deposit products comprising checking, savings, money market accounts, and certificates of deposit. The company’s wealth business provides asset management, private banking, financial planning, estate settlement and administration, and credit and deposit products and services. FirstMerit Corporation also offers trust and investment services, including personal trust and planning, investment management, and estate settlement and administration services; retirement plan services; retail mutual funds, other securities, variable and fixed annuities, personal disability and life insurance products, and brokerage services; and private banking services, including credit, deposit, and asset management solutions. As of September 30, 2009, it operated a network of 156 banking offices and 179 ATMs. The company was founded in 1845 and is headquartered in Akron, Ohio.
Key Statistics

COMPANY WEBSITES 
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    CORPORATE GOVERNANCE 
    FirstMerit Corporation's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 81.8% of S&P 400 companies and 98.1% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Paul Greig , 53
    Exec. Chairman, Chief Exec. Officer, Pres, Member of Exec. Committee, Chief Exec. Officer of FirstMerit Bank N A and Pres of FirstMerit Bank N A
    $ 1.72M $ 0
    Mr. Terrence E. Bichsel , 59
    Chief Financial Officer, Chief Accounting Officer, Exec. VP, Chief Financial Officer of FirstMerit Bank NA and Exec. VP of FirstMerit Bank NA
    $ 577.00K $ 0
    Mr. Larry A. Shoff , 52
    Chief Technology Officer, Exec. VP, Chief Technology Officer of FirstMerit Bank and Exec. VP of FirstMerit Bank'
    $ 453.00K $ 0
    Mr. William P. Richgels , 58
    Chief Credit Officer and Exec. VP
    $ 578.00K $ 0
    Mr. Bruce M. Kephart , 57
    Exec. VP, Division Pres of FirstMerit Bank, Chief Exec. Officer of Lake Geauga and Ashtabula offices and Pres Lake Geauga and Ashtabula offices
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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