First Midwest Bank Overview

  • Service
  • Commercial Bank

  • Year Founded
  • 1940

Year Founded

  • Financed Companies
  • 139

  • Financings
  • 143

  • Serviced Investors
  • 3

First Midwest Bank General Information

Description

First Midwest Bank was a commercial bank that provided personal banking, business banking, and wealth management services. The bank offered checking accounts, savings account, health savings accounts, mortgages, home equity, personal loans, reverse mortgages, auto loans, and specialty loans. In addition, First Midwest offered wealth management, asset management, financial planning, advisory, insurance, and education planning services. First Midwest's Structured Finance Group offered cash flow loans to companies backed by financial sponsors, which may include private equity firms, family offices, or other investor groups. The firm also provided equipment financing through its subsidiary, First Midwest Equipment Finance. Founded in 1940, First Midwest Bank was located in Chicago, Illinois, and operated as a subsidiary of First Midwest Bancorp. The company was acquired by Old National Bank (NAS: ONB) on February 15, 2022.

Contact Information

Formerly Known As
Union National Bank and Trust Company of Joliet
Year Founded
1940
Service Provider Type
Commercial Bank
Corporate Office
  • 8750 West Bryn Mawr Avenue
  • Suite 1300
  • Chicago, IL 60631
  • United States

First Midwest Bank Financings

Company Name Financing Date Debt/Deal Date Debt/Deal Amount
Vortex Optics Mar 2022
Vortex Optics Mar 2022
KaMin Mar 2022
KaMin Mar 2022
York Design Group Jan 2022
BDO USA Jan 2022
P1 Dental Partners Dec 2021
P1 Dental Partners Dec 2021
ArtLine Aug 2021
International Precision Components Jul 2021
You’re viewing 10 of 158 services to companies. Get the full list »

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First Midwest Bank Co-Lenders (111)

Lender Lender Type Lender Location Total Shared Financings Last Shared Financing
Ally Corporate Finance Lender New York, NY 1
Amalgamated Bank Commercial Bank New York, NY
American Savings Bank Commercial Bank Honolulu, HI
Antares Capital Lender Chicago, IL
Aozora Bank Commercial Bank Tokyo, Japan
Associated Bank Commercial Bank Green Bay, WI
Bancalliance Lender Chevy Chase, MD
Banco Sabadell Commercial Bank Barcelona, Spain
Bankers Trust Company Commercial Bank Des Moines, IA 3
Bank of America Commercial Bank Charlotte, NC 6
You’re viewing 10 of 111 co-lenders. Get the full list »

First Midwest Bank Investment Preferences

Preferred Industries Preferred Verticals Preferred Deal Types Geographic Preferences Transaction Amount

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First Midwest Bank Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Heritage Financial Lynnwood, WA 1927

First Midwest Bank FAQs

  • When was First Midwest Bank founded?

    First Midwest Bank was founded in 1940.

  • Where is First Midwest Bank headquartered?

    First Midwest Bank is headquartered in Chicago, IL.

  • What service provider type is First Midwest Bank?

    First Midwest Bank's service provider type is Commercial Bank.

  • What companies has First Midwest Bank invested in or acquired?

    First Midwest Bank has invested in or acquired companies like Bankmanagers, Bridgeview Bank Group, and Northern Oak Wealth Management.

  • What are First Midwest Bank subsidiaries?

    Heritage Financial is a subsidiary of First Midwest Bank.

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