Regionally Speaking

Munster Bank Merger

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Muncie-based First Merchants Bank is merging with Citizens Financial Bank in Munster. The merged company will have First Merchant’s name and be based in Muncie. When the deal is done in 2014, the bank will have combined assets of $5.4 billion and create the second-largest financial holding company headquartered in Indiana. The combined company will have nearly 100 banking offices in 26 Indiana counties, as well as two counties in Ohio and Illinois.

The Lakeshore’s Steve Walsh talked to Citizens Financial Bank President and Chief Executive Officer, Daryl D. Pomranke.

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