AKRON, Ohio, Oct. 31 /PRNewswire-FirstCall/ -- FirstMerit Corporation
(Nasdaq: FMER) announced, on behalf of its subsidiary banks, it has lowered
its prime rate from 7.75 percent to 7.50 percent, effective October 31,
2007. The rate was last changed on September 18, 2007 when FirstMerit
lowered its prime rate from 8.25 percent to 7.75 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 September
30, 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.
SOURCE FirstMerit Corporation
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Related links: http://www.firstmerit.com/
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CONTACT: Analysts and Media, Thomas P. O'Malley of FirstMerit Corporation, +1-330-384-7109
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