First Midwest Publishes 2020 Corporate Social Responsibility Report

Rhea-AI Summary

First Midwest Bancorp has released its 2020 Corporate Social Responsibility (CSR) report titled "Momentum for All," emphasizing its commitment to diversity, equity, and inclusion. The report outlines initiatives in response to the COVID-19 pandemic, community support, corporate culture, governance, risk management, and environmental responsibility. CEO Michael L. Scudder highlighted the company's longstanding dedication to corporate citizenship. First Midwest operates with approximately $22 billion in assets and manages an additional $15 billion, focusing on a relationship-driven approach in the Midwest.

Positive

• Commitment to CSR and DEI initiatives.
• Support for COVID-19 pandemic relief efforts.
• Focus on community investment and volunteerism.
• Strong corporate governance and risk management policies.

Negative

• None.

CHICAGO, Sept. 16, 2021 (GLOBE NEWSWIRE) -- First Midwest Bancorp, Inc. (“First Midwest”) today announced that it has published its 2020 Corporate Social Responsibility (CSR) report, Momentum for All. The report highlights First Midwest’s approach to CSR and Diversity, Equity and Inclusion (DEI), its commitment to colleagues, clients and communities and how First Midwest integrates environmental, social and governance factors into its business model.

“Being a good corporate citizen has been a part of First Midwest’s corporate fabric since the founding of our company,” said Michael L. Scudder, Chairman and CEO of First Midwest. “This report brings to life what we are all about—how we express our character, how we live our mission and values and how we hold ourselves to the highest standard in doing so. I am extremely proud of our colleagues’ commitment to our clients, communities and each other and look forward to continuing to build on our progress as we strive to create Momentum for All.”  

First Midwest’s 2020 CSR report highlights several key accomplishments and initiatives related to its:

• COVID-19 pandemic support
• Social responsibility, including its charitable foundation, volunteerism and sponsorships and community investment
• Corporate culture, including colleague engagement, development and support
• Corporate governance and leadership
• Risk management, compliance and information security
• Environmental responsibility

Click here to read the full report.

About First Midwest
First Midwest (NASDAQ: FMBI) is a relationship-focused financial institution and one of the largest independent publicly traded bank holding companies based on assets headquartered in Chicago and the Midwest, with approximately $22 billion of assets and an additional $15 billion of assets under management. First Midwest Bank and First Midwest’s other affiliates provide a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services. The primary footprint of First Midwest’s branch network and other locations is in metropolitan Chicago, southeast Wisconsin, northwest Indiana, central and western Illinois, and eastern Iowa. Visit First Midwest at www.firstmidwest.com.

CONTACT:
Maurissa Kanter
SVP, Director of Corporate Communications
708.831.7345
maurissa.kanter@firstmidwest.com

FAQ

What is the focus of the First Midwest Bancorp 2020 CSR report?

The report focuses on Corporate Social Responsibility (CSR) and highlights initiatives in diversity, equity, inclusion, and COVID-19 pandemic support.

When was the First Midwest Bancorp CSR report published?

The CSR report was published on September 16, 2021.

What key areas does the First Midwest CSR report address?

The report addresses social responsibility, corporate culture, governance, risk management, and environmental responsibility.

What are the total assets of First Midwest Bancorp?

First Midwest Bancorp operates with approximately $22 billion in assets and manages an additional $15 billion.

Who is the CEO of First Midwest Bancorp?

Michael L. Scudder is the CEO of First Midwest Bancorp.