Firstmerit Bank, Bedford Branch

Name:Firstmerit Bank, Bedford Branch
Full Service Brick and Mortar Office
Review:36 client reviews
Location:402 Northfield Road
Bedford, OH 44146

Cuyahoga County
View Other Branches
 
Phone:216-662-3377
Branch Deposit:$14,706,000
FDIC Cert:#13675
Established:1981-07-27


The Bank

Name:Firstmerit Bank
Concentration:Commercial Lending Specialization
Established:1890-10-09
FDIC Insurance:1934-01-25
Holden By:Firstmerit Corporation
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:393, view all, view on map
Website:www.firstmerit.com
Total Assets:$24,884,993,000
Total Deposits:$19,654,934,000
Total Equity Capital:$2,932,847,000
Total Domestic Office Deposits:$19,654,934,000
Net Income:$256,062,000
Quarterly Net Income:$66,460,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:9%
Quarterly Return on Equity:9%
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Client Review

36 client reviews of Firstmerit Bank scored 2.5 out of 5.

jim johnson
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by benny1, Jan. 06, 2015

I can only speak to the branch office located in Boulder Junction Wisconsin.  The folks at this bank couldn't be more  friendly or professional. The service is always prompt and accurate.  Thanks for proving that in a world lacking in customer service that you guys get it.

* this reviewer has be with this bank for >10 years
* this reviewer had 6 - 10 banks before.
* this review was made on Firstmerit Bank, Boulder Junction Branch at Boulder Junction, WI
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Owosso,MI branch
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by stargirl1300, Dec. 13, 2014

My company does it's banking through First Merit,which is unfortunate. I send my managers to this branch or I go myself.
Often, it takes 45 minutes for us to get done with our banking,most of the time being spent waiting! The branch usually has only 2 people working. If another customer ahead of me has a problem the wait is even longer! If I had my way (which i do not) I would bank anywhere but First Merit!

* this reviewer has be with this bank for 1 - 3 years
* this reviewer had 1 - 2 banks before.
* this review was made on Firstmerit Bank, Owosso Branch at Owosso, MI
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Tom P
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by TomP, Nov. 21, 2014

A nice atmosphere with friendly, helpful people. I enjoy doing my banking here.

* this reviewer has be with this bank for 3 - 10 years
* this reviewer had 3 - 5 banks before.
* this review was made on Firstmerit Bank, North Barrington Branch at Barrington, IL
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by BRuthie 2015-03-02 20:31:21
I like the people in Townsend and Appleton.  They are helpful, polite, and happy whenever I call or go in.  However, the First Merit Bank policies - no.
I just found out tonight that they charge my savings account $10 a month if it is not linked to a checking account AND when it is linked I must have five transactions a  month in the checking account to avoid the $10 service charge!!  So they get $120 of my dollars a year!!!!  I consider that not acceptable, therefore, I will be withdrawing my funds.      Also, First Merit Bank is incapable of transferring any funds to or from another bank electronically.  Since my main home is located way south of Wisconsin, I have to use postal mail and my own alarm reminder system to pay bills up there.  In this day and age I am flabbergasted that they do not have interbank transfers.

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