First Merchants to expand Michigan presence
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Muncie-based First Merchants Bank plans to open a new branch in northwest Detroit and offer a host of services, from traditional banking needs to financial education workshops. The bank said the new branch is part of an ongoing effort to ensure people have access to fair banking.
The branch at 7525 W. McNichols Road in the Fitzgerald neighborhood will offer 24-hour ATM access, community lending and local leadership, according to a news release. The branch will open at an unspecified date later this year.
“This branch is more than just a place to deposit checks; it’s a community hub,” Kevin Johnson, a member of the First Merchants board of directors and president and CEO of the Detroit Economic Growth Corp., said in the release. “We look forward to partnering with First Merchants to provide services like financial education workshops, business development, and solutions for the Fitzgerald community. This is about investing in Detroit’s future, one family, one entrepreneur, one dream at a time.”
The bank said it has a long history of investing in communities and supporting economic development.
“We engage the communities on the front end to help determine where a banking center is needed and how it can impact the community,” Scott McKee, director of corporate social responsibility, said. “By engaging with residents, small businesses, and town hall meetings, we listen and connect with the people we hope to serve, building strong, trusted relationships between our company and our communities.”
First Merchants Corp., the bank’s holding company, offers banking and financial management services in Indiana, Illinois, Michigan and Ohio.