NEWS

It’s a common misconception that people who fall victim to fraud and scams are gullible or that fraud primarily affects our elders. In reality, anyone can fall prey to scammers.

Picture this: Someone calls you, saying they are from First Merchants fraud department or your local branch and need to verify a transaction.

First Merchants Bank has been recognized as one of the nation’s top employers by the American Banker. This prestigious honor places them among only 90 banks nationwide to receive this distinction and only one of three banks headquartered in Indiana, Michigan, or Ohio.

New data from First Merchants Bank reveals short-sighted spending trends among US adults. TV streaming services are taking precedence over retirement investments for budgeters, with 47% of people listing streaming as a top spending priority, while only 26% prioritize adding to retirement savings.

First Merchants Corporation (the “Corporation”) has reported third quarter 2024 net income available to common stockholders of $48.7 million compared to $55.9 million during the same period in 2023. Diluted earnings per common share for the period totaled $0.84 compared to the third quarter of 2023 result of $0.94. Excluding the $9.1 million pre-tax loss from repositioning of the available for sale securities portfolio, adjusted net income was $55.6 million, or $0.95 diluted earnings per common share for the third quarter of 2024.