AKRON, Ohio, Jan. 22 /PRNewswire-FirstCall/ -- FirstMerit Corporation
(Nasdaq: FMER) announced, on behalf of its subsidiary banks, it has lowered
its prime rate from 7.25 percent to 6.50 percent, effective January 22,
2008. The rate was last changed on December 11, 2007 when FirstMerit
lowered its prime rate from 7.50 percent to 7.25 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070920/CLTU138LOGO )
About FirstMerit Corporation
FirstMerit Corporation is a diversified financial services company
headquartered in Akron, Ohio, with assets of $10.4 billion as of December
31, 2007 and 160 banking offices and 176 ATMs in 25 Ohio and Western
Pennsylvania counties. FirstMerit provides a complete range of banking and
other financial services to consumers and businesses through its core
operations. Principal wholly-owned subsidiaries include: FirstMerit Bank,
N.A., FirstMerit Mortgage Corporation, FirstMerit Title Agency, Ltd., and
FirstMerit Community Development Corporation.
Analysts/Media Contact:
Thomas P. O'Malley
(330) 384-7109
SOURCE FirstMerit Corporation