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History Of The Nearest First Midwest Bank

midwest bank pictureThe First Midwest Bank nearby is owned by the First Midwest Bancorp, Inc., a commercial banking corporation with its headquarters in the most important city of the Midwest region of the United States – Chicago, Illinois. Founded in the year of 1933, originally as the Union National Bank and Trust Company of Joliet, its roots are exactly in the period of the Great Depression.

From that decade onwards, it then grew into a chain of 20 banks, which in turn at the beginning of the 1980’s resulted in the consolidation of all there into one unique company – First Midwest Bank. Since then it has since steadily grown throughout the suburbs of Chicago, the downstate region of Illinois and also Indiana, as well as the Quad Cities Metropolitan Area of northwestern Illinois and southeastern Iowa. In recent years, they have acquired smaller banks, such as Bank Calumet, Palos Bank, NorStates Bank, and Waukegan Savings Bank, which expanded their presence in the entire region.

Numbers

A bank, is, after all, measured by size in numbers and statistics. With its growth over more than 80 years, more than 125 branches, access to 55,000 ATM’s free of charge worldwide for its customers and its more than a thousand employees, it has a total equity of almost $1 billion US dollars, and total assets exceed $10 billion dollars.

Services Provided

First Midwest Bank in your area offers a wide range of services, most importantly, banking in general, loans, savings and wealth management, insurance and mortgages. There is also help available for planning of crucial life events, such as college, home ownership, and retirement. But, its services are not limited to only the USA, continue reading below…

International Services

The First Midwest Bank can also help you if need assistance when doing business with other countries. There’s a great variety of international services, such as wire transfers, foreign currency drafts and cash letters in the area of foreign exchange, as well as importation and exportation of letters of credit and documentary collections, in the area of trade services.

Technology

In today’s world, mobile banking has become an essential part of life. Having this in mind, the closest First Midwest Bank entered this era of mobile banking using a straightforward strategy to target all kinds of their customers, which are simple everyday individuals and families all the way up to large global corporations.

By using email, online advertisement both in other sites and their own website, and SMS text messaging via a mobile marketing software program, customers were encouraged to send a text message on their smartphones to a short number code, which enabled them to download the First Midwest Bank app.

Community

At the same time that the First Midwest Bank¬†near you has both national and international importance, it’s also at the local level that it is intensely involved. It has been awarded an outstanding rating by the Community Reinvestment Act, result of effort committed to, for example, promoting the First Midwest Marathon & 10K, which has raised almost $200,000 dollars since its first race some 8 years ago; and all of it donated to charities in the communities that First Midwest serves.

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