AKRON, Ohio, April 30 /PRNewswire-FirstCall/ -- FirstMerit Corporation
(Nasdaq: FMER) announced, on behalf of its subsidiary banks, it has lowered
its prime rate from 5.25 percent to 5.00 percent, effective April 30, 2008.
The rate was last changed on March 18, 2008 when FirstMerit lowered its prime
rate from 6.00 percent to 5.25 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 $10.5 billion as of March 31,
2008 and 159 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
Analysts/Media Contact: Thomas O'Malley
Director Corporate Communications/Investor Relations Officer
Phone: 330.384.7109
SOURCE FirstMerit Corporation
Thomas O'Malley, Director Corporate Communications - Investor Relations
Officer, FirstMerit Corporation, +1-330-384-7109
