Fitch Ratings has affirmed and withdrawn the following ratings for FirstMerit Corporation and its main subsidiary, FirstMerit Bank, N.A.:
FirstMerit Corporation
--Issuer Default Rating (IDR) at 'A-';
--Short-term IDR at 'F1';
--Viability at 'a-';
--Individual at 'B';
--Support at '5';
--Support floor 'NF'.
FirstMerit, N.A.
--Long-term IDR at 'A-';
--Long-term deposits at 'A';
--Short-term IDR at 'F1';
--Short-term deposits at 'F1;
--Viability at 'a-';
--Individual at 'B';
--Support at '5';
--Support floor 'NF'.
Fitch has decided to discontinue the ratings, which are uncompensated.
Additional information is available at www.fitchratings.com. The ratings above were unsolicited and have been provided by Fitch as a service to investors
Applicable Criteria and Related Research:
--'Global Financial Institutions Rating Criteria' (Aug. 16, 2011);
--'Investment Manager and Alternate Funds Criteria' (Dec. 23, 2010).
Applicable Criteria and Related Research:
Global Financial Institutions Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=649171
Investment Manager and Alternative Funds Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=661367
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Contacts:
Fitch Ratings
John Bareiss, +1-312-368-2067
Senior Director
Fitch,
Inc.
70 W. Madison Street
Chicago, IL 60602
or
Primary
Analyst
Doriana Gamboa, +1-212-908-0865
Director
or
Secondary
Analyst
Ed Thompson, +1-212-908-0364
or
Committee
Chairperson
Kenneth Ritz, +1-212-908-0368
or
Media
Relations
Brian Bertsch, +1-212-908-0549
brian.bertsch@fitchratings.com
