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LOCAL ATTRACTION: The northwest Indiana suburbs 'feed off the momentum of the Chicago area,' says Michael Rechin, president and chief executive of First Merchants.

First Merchants Sets Up Shop on Chicago's Outskirts with CFS Deal

MAY 13, 2013 3:55pm ET
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First Merchants in Muncie, Ind., was looking to get closer — but not too close — to the Chicago market when it agreed to buy CFS Bancorp of Munster, Ind.

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