AKRON, Ohio – Huntington Bancshares Incorporated will purchase Ohio-based FirstMerit Corporation in a $3.4 billion deal, the companies announced Monday.
Under the agreement, FirstMerit Bank, which employs about 1,200 people in Akron, will merge into The Huntington National Bank.
Our media partners at the Akron Beacon Journal spoke to Huntington Bank CEO Steve Steinour who said the company will still have a significant presence in Summit County.
“We’re making certain commitments to Akron. These are really important,” said Steinour. “Akron is going to wake up and wonder about things.