First Merchants, Monroe Bank & Trust Finalize Merger
By: Chad Mertz— Companies execute legal close following regulatory approvals in August Muncie, IN— First Merchants Corporation (NASDAQ: FRME) and MBT Financial Corporation (NASDAQ: MBTF) have finalized a merger of the two companies. Following regulatory approvals last month, the companies consummated their legal closing through a 100% stock transaction effective September 1, 2019. As previously announced in late 2018, Monroe Bank & Trust will also merge with and into First Merchants Bank. Headquartered in Monroe, Michigan, MBTF operated 20 banking center…
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