November 10, 2016
Federal Reserve Board announces approval of application by First Midwest Bancorp, Inc.
For release at 12:15 p.m. EST
The Federal Reserve Board on November 10, 2016, announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by First Midwest Bancorp, Inc., Itasca, Illinois, to merge with Standard Bancshares, Inc. and thereby indirectly acquire Standard Bank and Trust Company ("SB&T"), both of Hickory Hills, Illinois. The Board also approved applications under section 18(c) of the Federal Deposit Insurance Act and section 9 of the Federal Reserve Act by First Midwest Bank, Itasca, Illinois, to merge with SB&T and to establish and operate branches at the locations of SB&T's main office and branches.
Attached is the Board's order relating to this action.
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