Business

Old National Bank Raises Over $90,000 At 100 Men Who Cook

By: David Huhnke— Muncie, Indiana—On November 3, Old National Bank held its annual 100 Men Who Cook event for the Community Champions Fund, which raised over $90,000. The Community Champions Fund will consider support to not-for-profits, civic, business, and government organizations to fund the development and delivery of innovative solutions, otherwise unavailable in our community, designed to make our community a safer place to live, work, and play. Since 2015, the Community Champions Fund has awarded over $320,000 to 36…

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First Merchants Corporation and MBT Financial Corporation Announce Merger Agreement

By: Chad Mertz— Muncie, IN and Monroe, MI— First Merchants Corporation (NASDAQ: FRME) and MBT Financial Corporation (NASDAQ: MBTF) today announced they have executed a definitive agreement whereby MBT Financial Corporation will merge with and into First Merchants Corporation in a 100% stock transaction valued at approximately $290.9 million.  Upon completion of the merger, Monroe Bank & Trust, will merge with and into First Merchants Bank. Headquartered in Monroe, Michigan, MBTF operates 20 banking center locations in the southeastern Michigan…