Source: P&H Solutions
P&H Solutions, the leader in providing business banking solutions to financial institutions throughout North America, announced today that FirstMerit Bank, a division of FirstMerit Corporation (Nasdaq: FMER), has renewed its contract and will add significant functionality to its business banking offerings.
The $10.1 billion bank, headquartered in Akron, Ohio, serves more than 500,000 households and businesses through a branch network of 161 offices in Ohio and Western Pennsylvania.
"P&H has been a valued business partner as we continue to expand our franchise throughout our trading area," said Steve Mysko, Senior Vice President of Treasury Management Services at FirstMerit Bank. "We are now looking to dramatically increase our penetration of the small business banking marketplace and P&H's single product approach will allow us to offer our customers the ability to stay on the same platform no matter how their business needs change or how big their businesses become. We are excited about our prospects for the future."
"FirstMerit is an excellent example of how an aggressive institution can take advantage of our industry-leading Enterprise Business Banking product to differentiate themselves from their competitors," said Ralph Dangelmaier, President and CEO of P&H Solutions. "We look forward to helping them grow revenues and add customers well into the future."