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FirstMerit Foundation Donates $1 Million to InfoCision Stadium - Summa Field

Tuesday, October 21, 2008 1:30 PM

Foundation to get naming rights to stadium club level

AKRON, Ohio, Oct. 21 /PRNewswire-FirstCall/ -- The FirstMerit Foundation, the charitable giving arm of FirstMerit Corporation, has announced it is donating $1 million dollars over 10 years to the University of Akron's new InfoCision Stadium -- Summa Field. With this gift, FirstMerit Foundation will have naming rights to the stadium's club level in the seven-level press tower.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070920/CLTU138LOGO )

Within the 30,000-capacity stadium, the FirstMerit Foundation Club Level includes 522 partially covered chairback seats, 38 loge boxes, two lounge/bar areas and upscale concessions. FirstMerit Foundation will have signage and branding visibility both inside and outside of the stadium.

'FirstMerit Foundation's award to InfoCision Stadium -- Summa Field reflects our long-term commitment to investing in our community,' said Julie Robbins, executive vice president, Retail, FirstMerit Corporation and member of FirstMerit Foundation. 'Not only will the new stadium host the exciting home football games of the University of Akron Zips, it will also be a focal point for high school football games, music concerts, commencement ceremonies and other events that tie our community together. We proudly support the University of Akron and this multi-use, on-campus facility.'

The FirstMerit Foundation's announcement coincides with the 'Topping the Tower' on Tuesday, October 21, when the final steel beams are raised and welded into place at the top of the seven-story press tower, of which the club level is part. Construction of the stadium will be finished before the first game kicks off on September 19, 2009 as the Zips face the Indiana University Hoosiers.

About the FirstMerit Foundation

FirstMerit Foundation is a nonprofit charitable foundation which supports initiatives that improve the quality of life in the communities served by FirstMerit Corporation. Through contributions to education, health care, housing, social services, cultural, and other charitable organizations, the FirstMerit Foundation provides support and assistance to more than 4 million people annually.

About FirstMerit Corporation

FirstMerit Corporation (Nasdaq: FMER) is a diversified financial services company headquartered in Akron, Ohio, with assets of $10.6 billion as of June 30, 2008 and 160 banking offices and 175 ATMs in 25 Ohio and Western Pennsylvania counties. FirstMerit provides a complete range of banking and other financial services to consumers and businesses through its core operations. Principal wholly-owned subsidiaries include: FirstMerit Bank, N.A., FirstMerit Mortgage Corporation, FirstMerit Title Agency, Ltd., and FirstMerit Community Development Corporation.

    FirstMerit Corporation
    Media Contact: Rob Townsend
    Media Relations Officer
    Analysts: Thomas O'Malley
    Director Corporate Communications/Investor Relations Officer

SOURCE FirstMerit Foundation

(Source: PR Newswire )


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