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FirstMerit in Akron, Ohio, reported lower second-quarter profit on shrinking interest and fee income, despite successful cost-cutting measures.
July 28 -
Clifford Isroff, the lead director of FirstMerit in Akron, Ohio, died Tuesday after a long illness. He was 79.
July 2 -
Paychex and Biz2Credit have teamed up to offer an online loan resource center that gives small-business owners access to capital from more than 1,200 lenders.
October 23
FirstMerit in Akron, Ohio, has reached an agreement with Paychex to provide payroll-processing services.
The $25 billion-asset FirstMerit will offer payroll services to its business and commercial customers through Paychex's SurePayroll unit. Those include payroll administration, time and labor management, human resources administration and insurance services such as workers' compensation.
FirstMerit will also offer depository and lending products for businesses, as part of the Paychex agreement.
Financial terms of FirstMerit's contract with Paychex were not disclosed.