Mayor Rahm Emanuel today joined First Midwest Bank, one of the largest independent banks throughout Chicago and in Illinois, for a ribbon cutting to celebrate the company’s new headquarters in Chicago. The relocation from Itasca to the City comes as First Midwest is experiencing five years of continued growth.
“Chicago is the best city in the world for a company that wants to expand its footprint, create new jobs and invest in the future,” Mayor Emanuel said. “I commend First Midwest for choosing to relocate its headquarters to Chicago and look forward to watching the company continue to thrive in the City for years to come.”
The new four floor headquarters is located at 8750 Bryn Mawr Avenue and will house more than 300 local employees. First Midwest worked closely with Chicago-based, world-renowned architect Gensler to create an environment that promotes wellness and teamwork supported by lots of natural light, communal spaces, flexible work spaces and advanced technology.
“Today marks an important day in the 35-year history of our company,” said Michael L. Scudder, chairman and chief executive officer of First Midwest. “First Midwest prides itself on being our clients’ most trusted financial partner. We have deep roots in Chicago and across the Midwest, so when we were looking to expand, relocating our headquarters to the city was a natural choice. Chicago’s diverse workforce and highly skilled talent pool will be critical as we execute on the next growth phase of our dynamic organization.”
“First Midwest is making a strong investment in their success by bringing their headquarters to Chicago,” Andrea Zopp, president and CEO of World Business Chicago, said. “Chicago has led the U.S. in corporate relocations and expansions for the past five years because companies understand that when they locate in Chicago, they are ensuring their future growth.
About First Midwest
First Midwest (NASDAQ: FMBI) is a relationship-focused financial institution and one of the largest independent publicly-traded bank holding companies based on assets headquartered in Chicago and the Midwest, with approximately $15 billion of assets and $11 billion of trust assets under management. First Midwest’s principal subsidiary, First Midwest Bank, and other affiliates provide a full range of commercial, treasury management, equipment leasing, retail, wealth management, trust and private banking products and services through locations in metropolitan Chicago, northwest Indiana, central and western Illinois and eastern Iowa. Visit First Midwest at www.firstmidwest.com.