First Merchants Corporation (NASDAQ: FRME) and MBT Financial Corporation (NASDAQ: MBTF) have finalized a merger of the two companies. Following regulatory approvals last month, the companies consummated their legal closing through a 100% stock transaction effective September 1, 2019. As previously announced in late 2018, Monroe Bank & Trust will also merge with and into First Merchants Bank.
First Merchants Bank has been recognized as a company that represents the gold standard for creating a successful culture in which employees can thrive.
First Merchants held our 2019 Gold Shield Awards on Tuesday, March 5, 2019 at the Horizon Convention Center in Muncie, IN. The day was focused on recognizing our best and brightest, providing 40 awards in the areas of Sales Excellence, Service Excellence, Cornerstone Excellence and Community Excellence.
Forbes has released its 2019 list of “America’s Best Banks” and for the second straight year, First Merchants Bank, one of Indiana’s legacy financial institution sits near the top. As the largest financial services holding company in Central Indiana and second largest in the state, First Merchants was ranked by Forbes as the country’s second best bank.