FirstMerit Receives Presidential Award for Export Service
May 19, 2015
(ITA)
AKRON, Ohio, May 19, 2015 /PRNewswire/ -- U.S. Secretary of Commerce Penny
Pritzker presented FirstMerit Bank with the President's "E" Award for Export
Service at a ceremony in Washington, D.C., on Monday, May 18, 2015. The
President's "E" Award is the highest recognition any U.S. entity can receive for
making a significant contribution to the expansion of U.S. exports.
"The President's 'E' Award winners are outstanding American businesses and
organizations that have played a crucial role in strengthening and growing our
economy through increased U.S. exports," said Secretary Pritzker. "By selling
Made-in-America goods and services internationally, winners are creating jobs
here in the United States. Congratulations to FirstMerit Bank. Exports are
critical to our nation's competitiveness in the global marketplace and solidify
our country's economic leadership across the globe."
FirstMerit's International Banking Division offers a comprehensive range
products and services to help businesses enter and compete in global markets,
including letters of credit, documentary collections, foreign exchange advisory
and payments services and U.S. government guaranteed working capital loan
programs. These services are delivered through experienced bankers,
state-of-the-market technology and global banking partners.
"We are pleased that FirstMerit's International Banking Division has been
recognized by the President for excellence in export service. We understand the
importance that exporting plays in the economic vitality of our Midwest
markets and are pleased to be helping companies which already export their
products to global markets as well as those considering expansion into markets
beyond our borders," said Paul G. Greig, chairman, president and CEO of
FirstMerit.
"As a community bank doing business throughout the Midwest, we are proud of our
international banking capabilities and that we are able to offer businesses
global access no farther away than the nearest FirstMerit branch or banking
officer," said Craig Schurr, senior vice president and manager, International
Banking Division.
In 1961, President Kennedy signed an executive order reviving the World War II
"E" symbol of excellence to honor and provide recognition to America's
exporters. Today, Secretary Pritzker honored 45 U.S. companies with the
President's "E" Award for their outstanding work to reduce barriers to foreign
markets and to open the door to more trade around the world.
According the U.S. Department of Commerce, U.S. exports of goods and services
hit an all-time record of $2.34 trillion in 2014, accounting for 13.4 percent of
U.S. GDP, compared to 7.5 percent 30 years ago. Nationally, jobs supported by
exports reached an all-time high last year with more than 11.7 million jobs, up
1.8 million since 2009.
American companies are nominated for "E" Awards through the U.S. and Foreign
Commercial Service office network, located within the Department of Commerce's
International Trade Administration. Record years of successive export growth and
an applicant's demonstration of an innovative international marketing plan that
led to the increase in exports is a significant factor in selecting the overall
winners.
For more information about the "E" Awards and the benefits of exporting, visit
www.export.gov.
About FirstMerit
FirstMerit Corporation (Nasdaq: FMER) is a diversified financial services
company headquartered in Akron, Ohio, with assets of approximately $25.1 billion
as of March 31, 2015, and 384 banking offices and 412 ATM locations in Ohio,
Michigan, Wisconsin, Illinois and Pennsylvania. FirstMerit provides a complete
range of banking and other financial services to consumers and businesses
through its core operations. Principal affiliates include: FirstMerit Bank, N.A.
and FirstMerit Mortgage Corporation.
Welcome to the Exporting Source
Your one-stop resource for finding help to export to new customers, to learn about government export programs, to join export-promoting trade missions, to sign up for trade conferences and training, and to link to other exporting services. Whether you're an old hand at exporting or just getting started, the Exporting Source provides a place to locate foreign customers, export financing and foreign investment assistance.