Adrian, MI – Old National and First Midwest have jointly announced that they have completed their merger.
The combined company creates the sixth largest commercial bank headquartered in the Midwest based on assets.
The combined organization will operate under the Old National Bancorp and Old National Bank names, with dual headquarters in Evansville, Indiana and Chicago. A news release said that clients will continue to be served through their respective Old National or First Midwest branches until the system conversion is complete, which is anticipated this July.
Clients can continue to use the full ATM network of both banks for cash withdrawals at no charge.
The combined company’s Board of Directors consists of 16 members with eight directors from Old National and eight directors from First Midwest.
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