First Merchants Receives Final Regulatory Approvals for First Savings Merger

Reuters
Jan 16
First Merchants Receives Final Regulatory Approvals for First Savings Merger

First Merchants Corporation has received all necessary regulatory approvals for its pending merger with First Savings Financial Group, Inc., according to a company filing. The Federal Reserve Bank of Chicago has issued a non-objection in connection with the company's waiver request related to the merger. Prior approvals had already been secured from the Federal Deposit Insurance Corporation and the Indiana Department of Financial Institutions. The boards of directors of both companies, as well as First Savings shareholders, have approved the transaction. The merger is expected to become effective as of February 1, 2026, pending satisfaction of customary closing conditions.

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