Jul. 8, 2014, 8:26 AM
- First Midwest Bancorp (FMBI) agrees to buy south suburban Chicago-based Great Lakes Financial (GLFL) for a total deal value of about $58M. The company's Great Lakes Bank has eight branches and $582M of assets, including $234M in loans. Deposits total $490M.
- The deal is expected to close by year's end.
First Midwest Bancorp, Inc. operates as a bank holding company. The company, through its subsidiary, First Midwest Bank, offers deposit services including checking accounts, NOW accounts, money market accounts, savings accounts and time deposits of various types, ranging from shorter-term to... More
Industry: Regional - Midwest Banks
Country: United States
Other News & PR