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FirstMerit Corp. of Akron, Ohio, will need sharp elbows as it expands into the city of broad shoulders.
March 10 -
FirstMerit (FMER) of Akron, Ohio, seeks to raise as much as $350 million in connection with its deal for Citizens Republic Bancorp (CRBC).
January 29 -
FirstMerit (FMER) of Akron, Ohio, has chosen a veteran banker in the upper Midwest to manage its newly acquired business in Michigan.
January 9 -
FirstMerit (FMER) in Akron, Ohio, has named a president of its Michigan operations as it prepares to enter the state.
February 25 -
FirstMerit (FMER) has hired a veteran banker to lead its operations in Wisconsin.
March 11
The Federal Reserve Board has approved FirstMerit's pending acquisition of Citizens Republic Bancorp (CRBC) in Flint, Mich.
The Fed said Friday that it voted unanimously to approve the $912 million purchase, which will allow FirstMerit (FMER) in Akron, Ohio, to expand into Michigan and Wisconsin. The deal, which was first announced in September, will create a company with $24.2 billion in assets and 430 branches in six states, according to data from the Federal Deposit Insurance Corp.
In its
The board also said it considered FirstMerit's record of successfully integrating acquisitions. It
In January, FirstMerit said it would
FirstMerit already filled executive roles for its new Michigan and Wisconsin markets. It
The company also hired Kevin Leissring to serve as its