News Release Details

MUNCIE, Ind.--(BUSINESS WIRE)--Nov. 4, 2005--First Merchants Corporation announced today that Michael C. Rechin will be joining the company as Executive Vice President and Chief Operating Officer.

Rechin most recently was Executive Vice President of Corporate Banking for National City Bank, managing its Indiana operations. He began his career with BancOhio National Bank in Columbus, Ohio, in 1983 as a corporate banking trainee and joined National City upon the acquisition of BancOhio in 1984. He held various positions in the multi-national and metro-Ohio commercial banking areas of National City before assuming his current post in Indianapolis in 1995. During his tenure with National City, Rechin has had responsibility for all commercial banking activities involving commercial lending, treasury management, investment real estate, and international divisions.

Rechin is a graduate of Miami University of Ohio with a Bachelors degree in English and an MBA in finance. He has completed numerous banking schools during his career with BancOhio and National City.

As an active leader in the Indianapolis community, Rechin is a director of the United Way of Central Indiana, Arts Council of Indianapolis, and Lynx Capital Corporation. He previously served as a director of St. Vincent Hospital Foundation, the Indy Partnership, a member of Junior Achievement of Indianapolis Board, and as co-chairman of the American Heart Association Heart Walk.

First Merchants Chief Executive, Michael L. Cox, stated, "We are very excited to have a person of Mike's caliber and capabilities join our senior management team."

About First Merchants Corporation

First Merchants Corporation (Nasdaq:FRME) is a $3.2 billion financial holding company headquartered in Muncie, Indiana. Since its organization in 1982, the Corporation has grown to include nine affiliate banks with over 70 locations in 17 Indiana and three Ohio counties, a trust company, a multi-line insurance company, and a title company. Bank subsidiaries of the Corporation include:

    --  First Merchants Bank in Delaware and Hamilton counties

    --  Madison Community Bank in Madison County

    --  First United Bank in Henry County

    --  United Communities National Bank (UCNB) in Randolph, Union,
        Fayette, Wayne, and Butler (OH) counties

    --  First National Bank in Jay County

    --  Decatur Bank & Trust Company in Adams County

    --  Frances Slocum Bank in Wabash, Howard, and Miami counties

    --  Lafayette Bank and Trust Company in Tippecanoe, Carroll,
        Jasper, and White counties

    --  Commerce National Bank in Franklin and Hamilton counties in
        Ohio

The Corporation also operates First Merchants Insurance Services, a full-service property, casualty, personal lines, and health care insurer, and is the majority owner of the Indiana Title Insurance Company LLC. Merchants Trust Company unites the trust and asset management services of all affiliate banks of the Corporation and represents one of the largest trust companies in the State of Indiana, with assets in excess of $1.5 billion.

For more information, visit www.firstmerchants.com.

    CONTACT: First Merchants Corporation
             Andrew Weixler, 765-747-1360

    SOURCE: First Merchants Corporation