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Community bankers are excited that the Federal Reserve is poised to raise interest rates, which would make loans more profitable — unless rates rise so much they suppress demand.
First Merchants Bank released its first corporate social responsibility report which the financial institution says demonstrates its focus on serving local communities.
By First Merchants— Expanded commitment focuses on positive local impact as bank grows MUNCIE, Ind. – Today, First Merchants Bank emphasized its focus on local communities with the publication of its first corporate social responsibility report, “Elevating Communities.” The release emphasizes the bank’s commitment to making long-lasting change across all its communities and meaningful, positive difference in people’s lives. “Our success will be defined by the real and lasting impact we make in the communities we serve,” said First Merchants...
First Merchants Bank, the successor to Citizens Financial Bank in Munster with more than 18 locations in Northwest Indiana and greater Chicagoland, named a new Chief Investment Officer.
First Merchants, which has 18 branches in Northwest Indiana and the greater Chicago area, is acquiring Level One Bancorp in suburban Detroit for $323.5 million.