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Level One Bank and First Merchants Bank: Banking, Together

November 4, 2021
MUNCIE, IN. and FARMINGTON HILLS, MI, November 4, 2021 -- First Merchants Corporation (Nasdaq: FRME) and Level One Bancorp, Inc., (Nasdaq: LEVL) today announced they have executed a definitive Merger Agreement by which Level One Bancorp, Inc. will merge with and into First Merchants Corporation in a stock and cash transaction valued at approximately $332.5 million. Upon completion of the merger, Level One Bank will merge with and into First Merchants Bank.