First Midwest Bancorp Company Description
There's a lot of cabbage in corn country. Just ask First Midwest Bancorp, parent of First Midwest Bank. Through about 100 branches, the bank mainly serves suburban Chicago, though its market extends into central and western Illinois and neighboring portions of Iowa and Indiana. Focusing on area small to midsized businesses, it offers deposit products, loans, wealth management, and retirement plan services; it has approximately $3.5 billion of client trust and investment assets under management. Commercial real estate loans account for more than half of the company's portfolio; commercial and industrial loans are around 30%.
View the Comprehensive Company Description for First Midwest Bancorp
The Company Description provides a historical perspective of First Midwest Bancorp's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of First Midwest Bancorp's evolution in the marketplace.
