Did Old National Bank buy out the first Midwest bank?
Yes, Old National Bank successfully completed its merger with First Midwest Bancorp in 2021. As a result of this transaction, the two institutions integrated their banking operations and asset portfolios. The combined organization has continued to operate under the Old National Bank brand, maintaining its dual-headquarters structure in Chicago and Evansville, and it has since pursued further regional growth through additional acquisitions and mergers with other banking entities.
Related FAQs
Midwest Bank institutions trace their historical roots to community banking foundations established across the American Midwest, created to support local agricultural producers, small businesses, and residential communities with dependable deposit an...