First Merchants Appoints Larry Myers After Feb. 1 First Savings Merger
First Merchants Corporation, a $21.4 billion financial holding company, appointed Larry Myers—former CEO of First Savings Bank and First Savings Financial Group—to its board following their Feb. 1 merger. Myers brings nearly 20 years of executive and board experience, bolstering governance and regional market expertise for disciplined expansion in southern Indiana.
1. Appointment Overview
First Merchants Corporation announced the addition of Larry Myers to the boards of First Merchants Corporation and First Merchants Bank. Myers transitions from his nearly 20-year tenure as President and CEO of First Savings Bank and First Savings Financial Group.
2. Merger Context
On February 1, First Merchants completed its merger with First Savings Financial Group, expanding its footprint in southern Indiana. The integration adds franchises under the First Merchants Bank charter, reinforcing the company’s regional market presence.
3. Strategic Board Enhancements
Board Chair Jean Wojtowicz emphasized that Myers’ banking background and leadership record will enhance strategic planning and governance capabilities. CEO Mark Hardwick noted that Myers’ community bank insights will support disciplined growth, operational execution, and strong financial performance.
4. Myers’ Banking Expertise
During his tenure at First Savings, Myers served as Chairman of the Indiana Bankers Association and joined the Federal Home Loan Bank Board of Directors in 2018. He holds a BS and MBA from the University of Kentucky and brings deep expertise in community banking and regional economic development.