On May 22, 2009, Midland States Bank acquired all of the loans, investments, and deposits of Strategic
Capital Bank in Champaign, Illinois.
You can be assured that your accounts are safe and secure and readily accessible. You can continue to
bank as usual using your current checks, debit cards and internet banking. There will be no disruption to
your direct deposit or access to your safe deposit and banking hours will remain the same.
About the Company
Established in 1881, Midland States Bank remains a locally owned and operated community bank,
providing a full range of commercial and consumer banking products, trust and investment management,
insurance, and financial planning services. Midland States Bank has enjoyed the success of consistent
profitability, increasing annual dividends, and capital well above regulatory requirements. Through local
leadership, Midland States Bank has created a legacy of helping customers with all of their financial
needs.
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Paul Ruedi will continue on as President of
Strategic Capital Trust, a wholly owned subsidiary
of Midland States Bank, the company he originally
began in 1987. “Paul and his team, including
Executive Vice President Dan Holder, have
successfully created and executed on their plan to
build a solid Wealth Management franchise; one
which will compliment the trust, brokerage and
insurance services currently provided by Midland
States Bank” said Leon Holschbach, CEO of
Midland States Bank. |