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First Merchants Overview

First Merchants Bank is the largest financial services holding company in Central Indiana, commercial banking, credit card services, mortgage, trust services.
The staff at First Merchants come from unusually diverse demographic backgrounds. The company is 58.2% female and 26.9% ethnic minorities. Despite its diversity in other areas, First Merchants employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 69.2%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. First Merchants has great employee retention with staff members usually staying with the company for 3.2 years.
Based in Indiana, First Merchants is a key player in the finance industry with 1,800 employees and an annual revenue of $296.2M.

The Organization’s Mission

To deliver superior personalized financial solutions to consumer and closely held commercial clients in diverse community markets by providing sound advice and products that exceed customer expectations.

Perks of Working at First Merchants

First Merchants is being loved by its employees for its amazing management and culture.

Industry

Finance

Revenue

$296.2M

Employees

1,800

Founded in

1893

Headquarters

Muncie, IN

Website

www.firstmerchants.com

Organization Type

Public

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The Team At First Merchants

Key People
  • Jo Gora (Director)
  • Robert Connors (Executive Officer)
  • Diana Talaga (Vice President Marketing Manager)
  • Terry Walker (Director)
  • Roderick English (Director)
  • Jerry Engle (Director)
  • William Hoy (Director)
  • Michael Stewart (Executive Officer)
  • Gary Lehman (Director)
  • Mark Hardwick (Executive Officer)
  • Jean Wojtowicz (Director)
  • John Martin (Executive Officer)
  • Patrick Sherman (Director)
  • Debbie Wohlberg (Vice President, Human Resources Manager)
  • Mary Keevers (Commercial Marketing Specialist)
  • Karen Evans (Marketing Director)
  • Michael Rechin (President and CEO)
  • Charles Schalliol (Director)
  • Brittany Barchalk (Senior Marketing Specialist)
The Inside Scoop
First Merchants Corporation is the largest financial holding company based in Central Indiana. This corporation has grown to include banks with more than 100 locations and a wealth management company since its organization in 1982. First Merchants remains true to their mission which is to deliver superior personalized financial solutions to consumer and closely held commercial clients in diverse community markets by providing sound advice and products that exceed customer expectations.
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First Merchants Rankings

First Merchants is ranked #52 on the Best Finance Companies to Work For in Indiana list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

First Merchants Careers

On average, employees at First Merchants stay with the company for 3.2 years. Employees most commonly join First Merchants after leaving Fifth Third Bank. When they leave First Merchants, they most frequently get their next job at Wells Fargo.

Average Length of Employment

1st Source
3.9 years

Top Employers Before First Merchants

Walmart
6.8 %

Top Employers After First Merchants

Citi
5.9 %

First Merchants Employee Demographics

9.0
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

First Merchants Employees Education

Of the 1,800 employees at First Merchants, 30.8% attended Ball State University. Employees at First Merchants most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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First Merchants Employee Political Affiliation

First Merchants employees are most likely to be members of the Republican Party. The largest donation made to a political party by a First Merchants employee was by Michael Rechin. Michael Rechin donated $5,250 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Michael RechinExecutive
Michael Rechin
Executive
Executive
Republican Party
Republican Party
$5,250Republican Party
$5,250
Charles CrowBanker
Charles Crow
Banker
Banker
Republican Party
Republican Party
$4,000Republican Party
$4,000
TIM PettusBanker
TIM Pettus
Banker
Banker
Republican Party
Republican Party
$3,450Republican Party
$3,450
Waymon HickmanChief Executive Officer
Waymon Hickman
Chief Executive Officer
Chief Executive Officer
Republican Party
Republican Party
$2,900Republican Party
$2,900
Houston ParksBanker
Houston Parks
Banker
Banker
Democratic Party
Democratic Party
$1,500Democratic Party
$1,500
Mark HardwickChief Finance Officer
Mark Hardwick
Chief Finance Officer
Chief Finance Officer
Republican Party
Republican Party
$1,350Republican Party
$1,350
Kenneth AbercrombieDirector
Kenneth Abercrombie
Director
Director
Republican Party
Republican Party
$1,050Republican Party
$1,050
Charles SchalliolChairperson
Charles Schalliol
Chairperson
Chairperson
Republican Party
Republican Party
$1,000Republican Party
$1,000
David BenjaminSecurity
David Benjamin
Security
Security
Republican Party
Republican Party
$910Republican Party
$910
Brian WilliamsBanker
Brian Williams
Banker
Banker
Republican Party
Republican Party
$850Republican Party
$850
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First Merchants Financial Performance

6.2
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$100M - $1B

Founded in

1893

Organization type

Public

First Merchants Financing Rounds

DateascdescAmountascdescSecurity Typeascdesc
Sep 22, 2011Equity
Sep 22, 2011
$21,165,000
$21,165,000
Equity
Equity

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First Merchants Competitors

Companydesc
Average Salarydesc

First Citizens BancShares

Salary Range45k - 94k$66k$65,666
People's United Bank
Salary Range39k - 70k$53k$52,939
New York Community Bank
Salary Range35k - 67k$49k$48,682
ACE Cash Express
Salary Range31k - 72k$48k$47,663
Comerica
Salary Range32k - 69k$47k$47,328
Bank of the West
Salary Range31k - 68k$46k$46,392

Talmer Bancorp

Salary Range31k - 66k$45k$45,451

Liberty Savings Bank

Salary Range30k - 64k$45k$44,537
Huntington Bancshares
Salary Range30k - 62k$44k$43,859

Bank of American Fork

Salary Range29k - 60k$42k$42,280
$24k
$94k

Frequently Asked Questions about First Merchants

When was First Merchants founded?

First Merchants was founded in 1893.

How many Employees does First Merchants have?

First Merchants has 1,800 employees.

How much money does First Merchants make?

First Merchants generates $296.2M in revenue.

What industry is First Merchants in?

First Merchants is in the finance industry.

What is First Merchants's mission?

First Merchants's mission statement is "To deliver superior personalized financial solutions to consumer and closely held commercial clients in diverse community markets by providing sound advice and products that exceed customer expectations."

What type of company is First Merchants?

First Merchants is a public company.

Who are First Merchants's competitors?

First Merchants competitors include 1st Source, Huntington Bancshares, Commerce Bancshares, New York Community Bank, First Midwest Bank, Associated Banc, International Bancshares, People's United Financial, Amscot Financial, First Citizens BancShares, Comerica, BB&T, Liberty Savings Bank, ACE Cash Express, Old National Bank, Great Southern Bank, Bank of the West, Bank of American Fork, Advantage Credit, Talmer Bancorp.

Who works at First Merchants?

Jo Gora (Director)

Robert Connors (Executive Officer)

Diana Talaga (Vice President Marketing Manager)

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Updated December 31, 2020

Zippia gives an in-depth look into the details of First Merchants, including salaries, political affiliations, employee data, and more, in order to inform job seekers about First Merchants. The employee data is based on information from people who have self-reported their past or current employments at First Merchants. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of First Merchants and its employees or that of Zippia.

First Merchants may also be known as or be related to FIRST MERCHANTS CORP, First Merchants, First Merchants Bank and First Merchants Corporation.