First Midwest Receives Fed Approval for Bridgeview Bancorp Acquisition

First Midwest Bancorp, the parent company of First Midwest Bank, received approval from the Federal Reserve to acquire Bridgeview Bancorp and its wholly owned subsidiary, Bridgeview Bank Group.

First Midwest to Acquire Bridgeview Bank

First Midwest Bancorp entered into a definitive agreement to acquire Bridgeview Bancorp and its subsidiary, Bridgeview Bank Group, in a transaction valued at approximately $145 million.