First Mid Bank & Trust, headquartered in Mattoon, Illinois, is a community-focused financial institution that has served customers since 1865. Offering a diverse range of services, including personal banking, commercial lending, insurance, wealth management, and agricultural financing, First Mid is a trusted partner for individuals and businesses alike. As of 2024, it operates across Illinois, Missouri, Texas, and Wisconsin with 82 banking centers, providing convenient financial solutions and exceptional customer service.
Key Features and Services of First Mid Bank & Trust
| Category | Services Offered |
| Personal Banking | Checking and savings accounts, IRAs, certificates of deposit (CDs), and debit cards. |
| Commercial Banking | Small business loans, treasury management, and specialized financing options. |
| Wealth Management | Investment advisory, retirement planning, and trust services. |
| Insurance Solutions | Home, auto, life, and health insurance policies through First Mid Insurance Group. |
| Digital Banking | Mobile banking, online banking, and eStatements for convenient account management. |
| Agricultural Services | Ag lending, crop insurance, and financial solutions tailored to farmers. |
Recent Developments
- Acquisition of Blackhawk Bank
In late 2023, First Mid completed its acquisition of Blackhawk Bank, expanding its footprint into northern Illinois and southern Wisconsin. This merger enhanced First Mid’s capabilities by adding more banking locations and diversifying its customer base - Awards and Recognition
First Mid Bancshares, the holding company for First Mid Bank & Trust, was named a 2024 Bank & Thrift Sm-All Star by Piper Sandler. This distinction highlights its exceptional performance in profitability, growth, and financial stability
First Mid Bancshares
Personal Banking Options
| Account Type | Features |
| Premier Checking | Offers premium benefits like higher interest rates and discounts. |
| Classic Checking | A simple, low-fee account for everyday banking needs. |
| Savings Accounts | Includes standard, kids-focused, and high-yield options like money market accounts. |
| Certificates of Deposit (CDs) | Competitive fixed interest rates for short- and long-term savings goals. |
Business Banking and Lending Solutions
| Feature | Details |
| Small Business Lending | Offers SBA loans, commercial lines of credit, and equipment financing. |
| Treasury Management | Services include cash flow management, payroll solutions, and fraud protection. |
| Specialty Lending | Covers niche markets like healthcare, municipal projects, and agriculture. |
Digital Banking Tools
First Mid provides robust digital tools that make banking easier and more accessible:
- Mobile Banking: Check balances, transfer funds, and deposit checks on the go.
- Online Banking: Pay bills, manage accounts, and access transaction histories from anywhere.
- Card Controls: Instantly lock or unlock your debit or credit cards for added security.
Community Impact
First Mid actively supports local communities through grant programs, volunteerism, and partnerships. For example, in 2024, it facilitated grants for small businesses in Illinois through partnerships with the Federal Home Loan Bank
FAQs
Q1. What states does First Mid operate in?
First Mid Bank & Trust serves customers in Illinois, Missouri, Texas, and Wisconsin, with a loan production office in Indiana.
Q2. What makes First Mid unique?
The bank’s community-first approach, combined with comprehensive financial solutions and a strong history of service, sets it apart.
Q3. Can I open an account online?
Yes, First Mid offers the ability to open personal and business accounts online through its website
Q4. Does First Mid offer financial education?
Yes, the bank provides resources like calculators, fraud prevention tips, and educational content on its website to help customers make informed financial decisions
Conclusion
First Mid Bank & Trust is more than just a financial institution; it’s a community partner committed to fostering growth and delivering exceptional service. With its wide array of personal, business, and digital banking solutions, coupled with a strong focus on local engagement, First Mid continues to be a trusted choice for customers across multiple states.
For more information, visit the official website at First Mid Bank & Trust. Whether you’re seeking personal banking solutions or comprehensive financial services for your business, First Mid is well-equipped to meet your needs.
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