Menu Search Login WHO WE ARE Get to know First Midwest. ABOUT US WHO WE ARE First Midwest At-A-Glance VISION To be the partner of choice for financial services in the markets we serve, and one of the nation’s top performing financial institutions. MISSION To help clients achieve financial success. VALUES To serve our clients with integrity, excellence, responsibility and passion. Multi-state, Midwestern Reach 3rd largest independent Illinois-headquartered bank $21B of total assets $14B of assets under management $16B of total deposits Top 10 deposit share in Chicago MSA #2 deposit share in south metro Chicago 3rd largest wealth management platform in Illinois 13% CAGR in assets since 2017 COMMERCIAL Middle Market, Business Banking, Treasury Management, Specialty Finance, ESOP, Healthcare, Commercial Real Estate and Equipment Leasing CONSUMER More than 100 locations and dedicated Consumer, Small Business, Mortgage and eCommerce teams WEALTH Full-service Wealth Management capabilities, including Private Banking, Fiduciary and Investment Management Services Our Corporate Social Responsibility Report: Momentum for All We are proud to share our inaugural Corporate Social Responsibility (CSR) Report: Momentum for All. Being a good corporate citizen has been a part of First Midwest’s DNA since the founding of our company. This report brings to life what we are all about—how we express our character, how we live our mission and values and how we hold ourselves to the highest standard in doing so. See Highlights Download Full Report Momentums in History: A Foundation Built on Relationships In the aftermath of the Great Depression, C.D. Oberwortmann, Andrew Barber and Frank Turk made a personal commitment to bring quality banking back to the Joliet, Illinois area. In 1940, they founded Union National Bank and Trust Company of Joliet. The bank’s original slogan was “The Friendly Bank,” which summarized the founders’ commitment to creating an institution that, first and foremost, served its community by making banking services conveniently available to customers. Since then, First Midwest has grown and evolved significantly, but our mission remains unchanged: helping our clients achieve financial success in the communities in which we live and work. 1940 - 1970 1940 – Andrew Barber, C.D. Oberwortmann and Frank Turk opened the Union National Bank and Trust of Joliet. 1940 - 1970 – Expanded presence in the northern and western suburbs of Chicago, southern Illinois and the Quad Cities. 1980 - 1995 1982 – Working with the Illinois Bankers Association, shaped new Illinois Banking Act that allowed banks to form multi-bank holding companies 1983 – Merged 20 banks under First Midwest Bancorp, the largest number of banks consolidated at one time in Federal Reserve history. 1983 – FMBI began trading on NASDAQ 1983 – Developed current First Midwest corporate logo 1987 – Appointed Robert O’Meara CEO 1995 – Expanded into western Iowa; First Midwest’s first interstate acquisition 1995 – Consolidated four bank charters into a single bank in Illinois 1996 – 2010 1996 – Changed from national to state bank charter 1998 – Expanded into Southern Metro-Chicago suburbs 2000 - 2002 – Opened loan operations and deposit operations centers: the Robert P. O’Meara Center in Gurnee and the John Racich Center in Joliet 2003 – Appointed John O’Meara CEO 2003 – Established the First Midwest Charitable Foundation 2006 – Expanded into northwest Indiana 2008 – Appointed Mike Scudder Chairman and CEO 2011 - 2019 2016 – Surpassed $10 billion in total assets 2018 – Relocated headquarters to Chicago 2019 – Expanded into southeast Wisconsin Connect With Us Email Customer Care Find your nearest bank or ATM 800-322-3623 Privacy Accessibility Terms of Use Investor Relations Fraud Prevention Sitemap Do Not Sell My Personal Information © 2021 First Midwest Bank. All Rights Reserved.