Firstmerit Corporation Deposita (NYSE:FMER.PR.A)

FirstMerit Corporation operates as a bank holding company for FirstMerit Bank, N.A. that provides various banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers. Its Commercial segment offers commercial term loans, revolving credit arrangements, asset-based lending, leasing, commercial mortgages, real estate construction lending, letters of credit, cash management services, and other depository products. The company’s Retail segment provides various retail financial products and services, including deposit products comprising checking, savings, money market accounts, and certificates of deposits; and consumer direct and indirect installment loans, debit and credit cards, debit gift cards, residential mortgage loans, home equity loans and lines of credit, fixed and variable annuities, and ATM network services. Its Wealth segment offers trust and investment services, such as personal trust and planning, investment management, estate settlement, and administration services; retirement plan services; retail mutual funds, other securities, variable and fixed annuities, personal disability and life insurance products, and brokerage services; and private banking services, which comprise credit, deposit, and asset management solutions. As of December 31, 2011, the company operated a network of 206 banking offices, which include 156 branches in Ohio, 46 branches in Illinois, and 4 branches in western Pennsylvania; and 214 automated teller machines. FirstMerit Corporation was founded in 1855 and is headquartered in Akron, Ohio.