First Merchants Corp (FRME) Declares $0.26 Quarterly Dividend; 2.5% Yield

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First Merchants Corp (FRME) Reports Election of Doug Chaffin to Board

November 7, 2019 10:06 AM EST

First Merchants Corporation (NASDAQ: FRME) has elected H. Douglas Chaffin to the Boards of Directors of First Merchants Corporation and First Merchants Bank. Chaffin, who recently announced plans to transition from his day-to-day leadership role, served as President and Chief Executive Officer of Monroe Bank & Trust and MBT Financial Corporation beginning in 2004. First Merchants and MBT Financial finalized a merger of the two companies in September.

The First Merchants Board of Directors is proud to welcome Mr. Chaffin, said Board Chairman Charles E. Schalliol.... More