First Midwest Bank Overview
- Service
-
Commercial Bank
- Year Founded
-
1940

- Financed Companies
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139
- Financings
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143
- Serviced Investors
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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
Website
www.firstmidwest.comYear Founded
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 |
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 |
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
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When was First Midwest Bank founded?
First Midwest Bank was founded in 1940.
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Where is First Midwest Bank headquartered?
First Midwest Bank is headquartered in Chicago, IL.
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What service provider type is First Midwest Bank?
First Midwest Bank's service provider type is Commercial Bank.
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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.
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What are First Midwest Bank subsidiaries?
Heritage Financial is a subsidiary of First Midwest Bank.
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