First Merchants Bank Opens New Office In Royal Oak
The 2,525-square-foot banking center at 323 S. Main Street adds a new local option for residents to access financial services.
Updated on Oct. 16, 2026 in Banking
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First Merchants Bank has opened a new 2,525-square-foot banking center at 323 S. Main Street in Royal Oak. The facility replaces former branches for Comerica and Fifth Third bank in the area.
Why it matters
The new site functions as an extension of the bank's existing regional headquarters in Royal Oak, providing additional local access to physical banking services. The opening remains subject to final regulatory approval and occupancy confirmation.
The new 2,525-square-foot facility at 323 S. Main Street features two private offices and two teller stations. This replaces the location previously held by Comerica and Fifth Third bank.
The players
First Merchants Bank
A financial institution providing consumer banking and regional business services.
Comerica
A financial services company that previously operated a branch at this address.
Fifth Third
A regional bank that previously occupied the space at 323 S. Main Street.
The details
The facility includes dedicated infrastructure for client interactions, such as a conference room, lobby seating, and a walk-up ATM. Designed to support regional operations, the layout consolidates bank functions into a space that previously served other financial institutions.
Timeline
September 2026: First Merchants Bank signed the lease for the location.
Money Landscape
New banking locations must navigate federal oversight to ensure compliance with operational standards before serving the public. This opening follows standard regulatory approval protocols for physical bank branches.
Residents in Royal Oak can monitor the site at 323 S. Main Street for upcoming service availability and potential lobby hours. If you are considering changing your financial home base, speak with a qualified professional to evaluate how a new provider matches your banking needs.
The takeaway
The addition of a new regional headquarters extension provides local households with an alternative physical banking option at a familiar downtown address. Monitor local announcements for the official start date and service offerings available at the new site.
Further reading
Learn more about local financial services and branch trends in our Banking section.
Source note: This article includes information reported by The Oakland Press.
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