The U.S. stock market pushed higher last week and closed on a high note sparked by Federal Chair Powell's strongest signal yet that interest rate cuts are coming. Speaking at the Federal Reserve's annual retreat in Jackson Hole, Wyoming on Friday, Chairman Jerome Powell noted that “the time has come for policy to adjust” to avoid any further weakening in labor market conditions, thereby opening the door for rate cuts to begin at the next Fed meeting in September. Continue reading our Private Wealth Advisors Weekly Investment Perspectives newsletter for August 27, 2024. https://direc.to/me5D #privatewealth #privatewealthmanagement #marketupdates #financialmarkets #economynews #bonds #stocks #markets #investingnews #equities
First Merchants Corporation
Finanzdienstleistungen
Muncie, IN 9,572 followers
Helping you prosper. Rated One of the Best Places to Work, Top 5 Best Banks in America(Forbes), Best Big Bank(Newsweek).
Über uns
First Merchants Corporation is the largest financial services holding company in Central Indiana, headquartered in Muncie, Indiana. 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. First Merchants offers customers broad financial services throughout locations in Indiana, Ohio, Illinois and Michigan providing: • Commercial Banking (business) – checking, treasury management, card services, financing, loans, electronic banking, online and mobile banking. • Personal Banking (consumer) – checking, savings, CDs, mortgages, loans, IRAs, HSAs, online and mobile banking. • Private Wealth Advisors - trusts, investments, 401(k) plans, 403(b) plans, profit sharing plans, pension plans, cross-tested plans, cash balance plans, Flexible Spending Accounts, IRAs, SEP IRAs, and succession planning. First Merchants is committed to customers by: • Developing strong relationships. o As financial advisors – our professionals listen and provide solutions o The tenure of our professionals averages eight years, meaning you will enjoy continuity of service o We hire local professionals from the communities we serve • Customers benefit from local decision making. o Decisions are made faster o The process is streamlined, with each customer having a single point of contact. o Our financial professionals are empowered to develop tailored solutions. • The local communities we serve benefit from First Merchants’ involvement and support. Member FDIC, Equal Housing Lender. Investment Management solutions provided by First Merchants Private Wealth Advisors may not be FDIC insured, are not deposits of First Merchants Bank and may lose value. First Merchants and the shield logo are registered service marks of First Merchants Corporation.
- Website
-
https://www.firstmerchants.com
External link for First Merchants Corporation
- Industrie
- Finanzdienstleistungen
- Größe des Unternehmens
- 1.001-5.000 Mitarbeiter
- Hauptsitz
- Muncie, IN
- Typ
- Öffentliches Unternehmen
- Gegründet
- 1893
- Spezialitäten
- Commercial Banking, Retail Banking, Trust, and Insurance
Standorte
Employees at First Merchants Corporation
Aktualisierungen
-
First Merchants Bank is always looking for attentive and collaborative new team members across our organization. Check out some of our current openings to see if you'd be a good fit! 🏠Community Home Lending Officer (COMMU009032), Columbus, OH: Has passion and commitment for making possible the homeownership dream. Builds long term relationships with internal and external customers while servicing and originating mortgage loans for individuals in low and moderate income and minority neighborhoods. https://bit.ly/3XeQM6T ☎️Manager, Customer Care Center (MANAG009955), Daleville, IN: Provides leadership support to the Customer Care team. Assists, observes, and coaches others in delivering personalized service to support the needs and relationships of our clients. https://bit.ly/46VmoSh 💼Manager, Commercial Banking II (MANAG008972), Columbus, OH: Develops and implements a sales strategy in support of bank goals and effectively manages commercial banking staff to generate new Commercial loans, deposits, and fees. https://bit.ly/3SZsvPL
-
-
We’re pleased to announce our Sponsor Finance Group recently extended a Senior Credit Facility for Monroe Street Partners to support their acquisition of American Roadway Logistics. ARL is a leading provider of pavement marking and traffic maintenance services for public and private roadway construction projects. Since 2015, First Merchants Sponsor Finance has closed more than 250 transactions with over $2.0 billion in commitments, including 15 new platforms and 11 add-ons YTD in 2024. It’s a legacy we’re proud to continue. To learn more about our Sponsor Finance Group and how we can help you, visit https://lnkd.in/gEa7Mswz Andrew Hendricks Dave DeCraene Mike McKay Curtis Rodriguez Julián Broggio, MBA
-
-
In the realm of private banking, where tailored financial solutions meet personalized service, understanding borrowing costs is crucial for making informed decisions. Whether you are considering a mortgage, a line of credit, or financing for investments, the current economic landscape and future expectations play a pivotal role. Here’s a comprehensive look at what private banking clients should know about borrowing costs in today's market. Continue reading the article Navigating Borrowing Costs in Private Banking: What Clients Should Expect by Nancy Leming: https://direc.to/maUJ #privatewealth #privatewealthmanagement #marketupdates #financialmarkets #economynews #bonds #stocks #markets #investingnews #equities
-
-
Your financial ambitions are unique and dynamic, and you need a team to match. First Merchants Private Wealth Advisors employs wealth advisors and managers alongside private bankers and portfolio managers to work with outside partners from the tax, accounting and legal fields. We prioritize the inclusion of your family and business relationships in the decision-making process, so all parties remain on the same page. Our Indianapolis team partners with individuals, families and organizations to provide comprehensive solutions and personal services. Here's how they do it: 🔹Powerful Local Resources: We offer broad advisory capabilities through engaged and empowered leaders. 🔹Comprehensive and Coordinated Approach: We surround our clients with a team of experts ready to deliver financial solutions focused on long-term success. 🔹Standard of Excellence: We build powerful, intergenerational relationships by delivering proactive service and advocating for our clients. Meet First Merchants Private Wealth Advisors' Indianapolis team and get in touch today: https://bit.ly/3W1qOls
-
-
Antwaun Dawson, Community Home Lending Officer with First Merchants Bank (NMLS# 1736647), is guided by a determination to overcome challenges. As a Community Home Lender, Dawson works with individuals who fall into low- and middle-income categories, and who may struggle with poor credit history – or no credit history – and helps them achieve their homeownership dreams. “There are a lot of programs to help first time homebuyers in these situations,” he shared. “First Merchants offers a lot of support, and we are also in the community partnering with community organizations like the housing authority and local non-profits.” Dawson talks more about his passion in our latest Teammates in Action feature – check it out: https://bit.ly/46RGuN6 #lending #finance #communitylending #communityhomelending #firsttimehomebuyer #mortgage #househunting #homebuying
-
-
This month, we’re highlighting our Emerging Professionals Employee Resource Group (ERG), one of our six great ERGs supporting employees as they network, grow their careers, and build community. Emerging Professionals launched in 2022 with a goal to provide a collaborative environment that fosters learning, intergenerational understanding, connectivity, and personal and professional development with a focus on supporting community organizations. Since its launch, the group has grown to more than 230 members, supported career growth and advancement, organized volunteer events for members across our four-state footprint. “Being part of an Employee Resource Group within a company is key for fostering a sense of community, belonging, and support among colleagues from all departments,” shared Ani Basmajian, ERG Co-Chair. “It is a platform to connect, share experiences, and advocate for positive change within our organization and in the community. We are very lucky to have leadership who support this growth and I cannot wait to see what the future has for Emerging Professionals and all the other ERGs within First Merchants.” “Emerging Professionals provides a platform where all are welcome and given the ability to strengthen skillsets as well as find opportunities to contribute to our company,” said Kevin Brusinski, ERG Co-Chair. “I think there are not many other areas as important to FMB as employee retention, internal development, internal recruiting, appreciation for each other, and giving back to our communities. All of which Emerging Professionals has a strong focus on. I am so incredibly excited for the growth we have achieved in such a short time and look forward to the next many years and all that is to come.” The Emerging Professionals ERG continues to provide opportunities for employees to build their passions, increase emotional intelligence, break down silos, and better serve our communities. We’re proud to provide a space for employees to learn and grow together. #ERG #companyculture #employeeresourcegroups #professionalgrowth #careergrowth
-
-
U.S. equity markets rebounded sharply last week on the back of healthy labor market and retail sales data alongside falling inflation reports that put soft landing expectations back in focus for investors. The S&P 500 posted its best weekly advance since October 2023 with a 3.9% gain and broke a four-week streak of consecutive declines. Meanwhile, the tech heavy Nasdaq Composite surged by 5.4% and the Dow Jones posted a 3.0% return. While the information technology sector topped the leaderboard with a 7.6% rise, all 11 economic sectors ended the week in positive territory. Consumer discretionary stocks climbed 5.3% with support from encouraging data on the health of the U.S. consumer. Defensive sectors like utilities and real estate posted more modest gains. Continue reading our Private Wealth Advisors Weekly Investment Perspectives newsletter for August 20, 2024. https://direc.to/mdT4 #privatewealth #privatewealthmanagement #marketupdates #financialmarkets #economynews #bonds #stocks #markets #investingnews #equities
-
-
Tax-favored strategies such as Roth IRA and Roth 401Ks, 529 plans, and HSAs (Health Savings Accounts) are essential tools for US taxpayers seeking to optimize their financial planning while minimizing tax liabilities. These strategies serve specific purposes: Roth IRA and Roth 401k 529 Plans Health Savings Account (HSA) Continue reading the article Popular Tax Favored Strategies by Kevin Gentner: https://direc.to/maUM #privatewealth #privatewealthmanagement #marketupdates #financialmarkets #economynews #bonds #stocks #markets #investingnews #equities
-
-
For Errol and Prudence Parks, launching their own business, Jonmar Construction was a leap of faith. “In the construction industry, you take on a $20,000 contract – you don’t get paid until the job is over,” Errol explained. “So you have to front that cost. You have to buy materials, pay for labor, whatever you need. So, if you need $15,000 to start a job and only have $5,000, you’re stuck.” Want to know how Errol built an iron-clad credit history and helped his community at the same time? Read the full story on our website: https://bit.ly/3SjAAOH #finance #lending #construction #smallbusiness #smallbusinessweek #blackownedbusiness #communitygiveback
-