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FirstMerit Corp. (FMER)

On Feb 9: 19.89 USD  Up 0.07 (0.35%)  
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FirstMerit Corp.
III Cascade Plaza
7th Floor
Akron, OH 44308-1103
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
Employees (last reported count): 2,688

BUSINESS SUMMARY
FirstMerit Corporation operates as the holding company for FirstMerit Bank, which provides a range of banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers in the northern and central Ohio, and western Pennsylvania. The company provides commercial and consumer banking services, including acceptance of various demand, savings, and time deposits; and granting of commercial and consumer loans for the financing of real and personal property. It also provides personal and corporate trust services, personal financial services, cash management services, and international banking services. In addition, the company provides automated banking programs, credit and debit cards, rental of safe deposit boxes, letters of credit, leasing, securities brokerage, and life insurance products and services, as well as estate and trust services. Further, it provides insurance sales, credit life, credit accident, health insurance, equipment lease financing, and other financial services. As of December 31, 2006, FirstMerit Corporation operated a network of 161 banking offices and 176 automated teller machines in Ohio and Western Pennsylvania counties. The company was founded in 1855 and is headquartered in Akron, Ohio.
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    OFFICERS
      Pay Exercised
    Mr. Paul G. Greig , 52
    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
    $ 1.02M $ 0
    Mr. Terrence E. Bichsel , 58
    Chief Financial Officer, Chief Accounting Officer, Principal Accounting Officer, Exec. VP, Chief Financial Officer of FirstMerit Bank N A and Exec. VP of FirstMerit Bank N A
    $ 399.00K $ 0
    Mr. Terry Eugene Patton , 59
    Exec. VP, Sec., Counsel, Exec. VP of FirstMerit Bank, Sec. of FirstMerit Bank and Counsel of FirstMerit Bank
    $ 261.00K $ 142.00K
    Mr. Bruce M. Kephart , 56
    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
    Mr. Donald H. Kincade ,
    Regional Chief Exec. Officer and Regional Pres
    N/A N/A
    Dollar amounts are as of 31-Dec-06 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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