Midland States Bancorp

+22.85%

Midland States Bancorp is a financial holding company that operates primarily through its subsidiary, Midland States Bank. The company offers a range of products and services to its customers, including:
1. Personal Banking: Midland States Bank offers personal checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). They also provide debit and credit cards, online and mobile banking, and lending options for personal loans, mortgages, and home equity loans.
2. Business Banking: The bank provides businesses with deposit accounts, merchant services, cash management services, and commercial lending solutions, including lines of credit, term loans, and commercial real estate loans.
3. Wealth Management: Midland States Bank offers wealth management services, including financial planning, investment management, and trust and estate services, to help customers achieve their financial goals.
4. Agricultural Services: The bank provides specialized agricultural lending services, including financing for farm equipment, land purchases, and livestock as well as crop and livestock insurance.
5. Treasury Management: Midland States Bank offers treasury management solutions to help businesses manage their cash flow, including payables and receivables, electronic payments, and receivables and payables.
6. Investments and Insurance: The company offers investment and insurance products through its subsidiary, Midland States Insurance Services. These include mutual funds, annuities, life insurance, and long-term care insurance.
7. Mortgage Services: Midland States Bank offers mortgage services, including fixed and adjustable-rate mortgages, refinancing options, and government-backed loans.
8. Trust and Wealth Management Software: Midland Trust Company, a subsidiary of Midland States Bancorp, offers trust and wealth management software for financial institutions.
9. Employee Benefits: The company provides employee benefits solutions, including retirement plans, group insurance, and specialized services for healthcare organizations.
10. Corporate Banking: Midland States Bank offers corporate banking services, including cash management, credit and lending options, and foreign exchange services to help businesses manage their finances and expand globally.