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First Merchants announces new President of Region Banking

Friday, November 5, 2021

MUNCIE, IN. -- First Merchants Corporation (NASDAQ - FRME) today announced Mike Hurst as President of Region Banking. Hurst’s role will span First Merchants’ territory in four states: Illinois, Indiana, Michigan and Ohio.

Hurst will lead all regional banking teams consisting of middle market commercial banking. Having previously served as Region President and as Commercial Banking Manager with First Merchants for 13 years, he will combine efforts of all commercial banking teams to further client partnerships and create opportunities for growth on a larger scale.

“Aligning all regions under common leadership just makes sense,” said First Merchants President Mike Stewart. “Having Mike in this important role will help us increase effectiveness and better serve our clients and communities.”

“I look forward to bringing our collective expertise to all four states we serve,” said Hurst. “With a localized approach, we can further meet the needs of our clients in all regions and continue to build upon our footprint.”

Hurst, a graduate of Purdue University, with bachelor’s degrees in Management and Psychology and a master’s degree in management, brings more than 25 years of experience in the industry. Previously, he worked in commercial credit and sales for National City Bank, now PNC Bank.

Hurst and his wife, Pam, live in Martinsville, Indiana and are active in community organizations. Mike is the President of the Morgan County Economic Development Corporation and serves on the Boards for Susie’s Place Child Advocacy Center and Lynx Capital Corporation, a minority lending organization.

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About First Merchants Corporation

First Merchants Corporation is a financial holding company headquartered in Muncie, Ind. The Corporation has one full-service bank charter, First Merchants Bank. The bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are carried in daily newspapers and can be found on the company’s website (www.firstmerchants.com). FIRST MERCHANTS and the Shield Logo are federally registered trademarks of First Merchants Corporation.