AKRON, Ohio, Oct. 8 /PRNewswire-FirstCall/ -- FirstMerit Corporation
(Nasdaq: FMER) announced, on behalf of its subsidiary banks, it has lowered
its prime rate from 5.00 percent to 4.50 percent, effective October 8,
2008. The rate was last changed on April 30, 2008 when FirstMerit lowered
its prime rate from 5.25 percent to 5.00 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070920/CLTU138LOGO )
About FirstMerit
FirstMerit Corporation is a diversified financial services company
headquartered in Akron, Ohio, with assets of $10.6 billion as of June 30,
2008 and 160 banking offices and 175 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.
FirstMerit Corporation
Investor Relations Contact: Thomas O'Malley
Director Corporate Communications/Investor Relations Officer
Phone: 330.384.7109
SOURCE FirstMerit Corporation
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Related links: http://www.firstmerit.com
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CONTACT: Investor Relations, Thomas O'Malley, Director Corporate Communications and Investor Relations Officer of FirstMerit Corporation, +1-330-384-7109
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