First Midwest Bancorp (FMBI)

Profile

Exchange: NASDAQGS       Sector: Financial       Industry: Regional - Midwest Banks

First Midwest Bancorp, Inc. is a bank holding company headquartered in the Chicago suburb of Itasca with a principal operating subsidiary, First Midwest Bank. First Midwest is a community bank that attracts deposits, makes loans and provides wealth management, investment, and retirement plan services to the local communities it serves. First Midwest provides a broad range of commercial and retail banking services to consumer, commercial and industrial, and public or governmental customers. The Bank does not engage in sub-prime or highly speculative lending, nor does it engage in non-commercial banking activities such as investment banking services. The bank offers a full range of deposit services that are typically available in most commercial banks and financial institutions, including checking accounts, NOW accounts, money market accounts, savings accounts, and time deposits of various types, ranging from shorter-term to longer-term certificates of deposit. It also offers certain retirement account services, including individual retirement accounts. First Midwest Bancorp, Inc is headquartered in Itasca, Illinois, just west of O'Hare Airport. The company's predecessor traces back to Joliet, Illinois. From there the company has grown to serve many Chicago suburbs including northwest Indiana, downstate Illinois, and the Quad Cities area including Iowa. The company was founded in 1982.