Old National and First Midwest Announce Merger to Create Premier Midwestern Bank
Old National announced their intent to partner with Chicago-based First Midwest Bank. A true merger of equals, this transaction will significantly enhance ONB’s organizational scale and their ability to serve their clients and strengthen and support their communities. With nearly 270 combined years of service and a shared commitment to Midwestern values, both ONB and First Midwest are driven by a client-centric approach to banking, an unwavering commitment to community and a strong focus on corporate social responsibility. Old National Bank name will be retained and Jim Ryan will remain CEO. The transaction is expected to close late in 2021 or early 2022. For the full announcement, click here.
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