Midland States Bancorp Completes Acquisition Of Deposits And Loans Of Two Fnbc Bank & Trust Locations In Northern Illinois
Acquiring Company
Midland States Bancorp
Acquired Company
Loans
Effingham County
NorwayDallasFinancial ServicesFinanceLendingBankingFinanceDescription
Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) today announced the completion of its branch purchase and assumption of deposits and certain loans and other assets associated with FNBC Bank and Trust’s (“FNBC”) branches in Mokena and Yorkville, Illinois. Midland will continue to operate the Mokena branch location, while the Yorkville branch has been closed by FNBC. Customers of FNBC’s Yorkville branch are now able to utilize Midland’s existing branch in the same city.
Quick answer
Midland States Bancorp is acquiring Loans and Deposits, announced June 21, 2022. Midland States Bancorp is based in Effingham County, Illinois, United States.
- How much did Midland States Bancorp pay for Loans?
- The deal value was not disclosed.
- What does Midland States Bancorp do?
- Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank.
- Where are Midland States Bancorp and Loans based?
- Midland States Bancorp is based in Effingham County, Illinois, United States. Loans is based in Norway.
Source: Fundz verified event record.
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Frequently asked
Who acquired Loans?
Loans was acquired by Midland States Bancorp, based in Effingham County. The deal was reported on June 21, 2022. Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. Midland States Bancorp is publicly traded (MSBI) and operates in Financial Services.
When did Midland States Bancorp acquire Loans?
Midland States Bancorp's acquisition of Loans was reported on June 21, 2022. Midland States Bancorp, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Loans do?
Loans.no hjelper deg å finne det billigste forbrukslånet. Sammenlign tilbud med god oversikt fra flere banker på vår nettside. Helt gratis og uforpliktende! It is privately held, and is based in Norway.
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