First Merchants Corporation 7.50% Perpetual Preferred Stock Series A (FRMEP)

Overview

First Merchants Corporation stands as a key financial holding entity for First Merchants Bank, primarily focusing on delivering comprehensive community banking solutions. With its foundation laid in 1893 and headquartering in Muncie, Indiana, the corporation has expanded its reach across various counties in Indiana, Illinois, Ohio, and Michigan. The essence of its operation revolves around a customer-centric approach facilitated by both physical banking locations and advanced electronic plus mobile delivery channels.

Products and Services

• Time, Savings, and Demand Deposits
  

  Fulfilling the basic banking needs of individuals and businesses, these services offer a secure avenue for customers to manage their finances through fixed-term deposits, savings accounts, and demand deposit accounts, providing both flexibility and interest-earning potential.

• Consumer, Commercial, Agri-Business, Public Finance, and Real Estate Mortgage Loans
  

  Catering to a wide range of financial needs, from personal loans that assist in major purchases or projects to commercial loans designed to support businesses in expansion or operational needs. Agri-business loans support the agricultural sector, while public finance products address the funding needs of public sectors. Real estate mortgage loans are available for both individuals and investors looking to buy or refinance property.

• Personal and Corporate Trust Services
  

  These services offer customers a secure way to manage their estates or business assets through structured trusts, ensuring professional management and distribution according to the trust's terms. It caters to both individual and corporate clients, looking to safeguard and efficiently manage their wealth.

• Brokerage and Private Wealth Management
  

  Targeted at investors seeking to optimize their financial portfolio, these services include investment advice, retirement planning, tax planning, and wealth management, tailored to meet specific financial goals and risk tolerance.

• Letters of Credit, Repurchase Agreements, and Other Corporate Services
  

  Serving the diverse needs of corporate clients, these services facilitate international trade through letters of credit, offer investment mechanisms like repurchase agreements, and cover a broad spectrum of other corporate banking needs including cash management and financial advisory.