Company Information

Get to know FirstMerit Bank

Founded in 1845 as the National Bank of Akron, FirstMerit Corporation grew to become a prominent regional bank holding company. It offered a full suite of financial services including community and commercial banking, wealth management, investment, and insurance services. Headquartered in Akron, Ohio, FirstMerit operated hundreds of branches and ATMs primarily across the Midwestern United States. In August 2016, the company was acquired by Huntington Bancshares Inc. for $3.4 billion, and all FirstMerit branches and services were converted to the Huntington National Bank brand.

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Financial Other Service

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FirstMerit Bank

United States

Founded in

1845 (181 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.