![]() Clients can continue to use the full ATM network of both banks for cash withdrawals at no charge.Īt the effective time of the merger on Feb. Clients will continue to be served through their respective Old National or First Midwest branches, websites, mobile apps, financial advisers and relationship managers until the system conversion is complete, which is anticipated in July 2022. The combined organization will operate under the Old National Bancorp and Old National Bank names, with dual headquarters in Evansville and Chicago. “We look forward to building upon the strong legacy of exceptional relationship banking and community engagement that both banks have developed over several decades to create even more opportunities to help our clients achieve financial success.” “This combination makes us one of the Midwest’s largest commercial banks and positions us well for continued expansion, investment, and innovation in talent, capabilities and services,” Mike Scudder, executive chairman of the combined company, said in the release. “We are excited to bring the promise of our two companies together and leverage our talent, expertise and increased scale and market presence to benefit our clients, team members, communities and shareholders.” “The completion of this partnership marks an historic milestone for both Old National and First Midwest,” Jim Ryan, CEO of Old National, said in a release. ![]() The combined company creates the sixth largest commercial bank headquartered in the Midwest based on assets, with more than $46 billion of combined assets and $34 billion of assets under management, a news release said. announced Wednesday they have completed their all-stock "merger of equals" that was announced on June 1. Old National Bancorp and First Midwest Bancorp Inc.
0 Comments
Leave a Reply. |