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.