Midland States Bancorp, Inc. Appoints R. Robert Funderburg, Jr. as Class III Director
May 10, 2018 at 09:17 am
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On May 8, 2018, Midland States Bancorp, Inc. appointed R. Robert Funderburg, Jr. as a Class III director of the company, which appointment was agreed to in connection with the company's acquisition of Alpine Bancorporation, Inc., which closed on February 28, 2018.
Midland States Bancorp, Inc. is a diversified financial holding company. Its segments include Banking, Wealth Management, and Other. The Banking segment provides a range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; commercial equipment financing; mortgage loan sales and servicing; letters of credit; various types of deposit products, including checking, savings and time deposit accounts; merchant services; and corporate treasury management services. The Wealth Management segment operates under the name Midland Wealth Management, which consists of trust and wealth management products and services, including financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration and retail brokerage services through a nationally recognized third-party broker dealer.