First Midwest Bank (Missouri)
First Midwest Bank is a privately held, family-owned community bank operating 19 branches across Missouri under Midwest Bancorporation, with over $1.3 billion in assets serving personal, small business, and agricultural customers through deposit products, lending, and digital banking.
- Company typePrivate
- Founded1964
- HeadquartersPoplar Bluff, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What First Midwest Bank (Missouri) does
First Midwest Bank is a privately held, family-owned community bank group headquartered in Poplar Bluff, Missouri, operating under the Midwest Bancorporation holding company. Founded in 1964, the bank runs 19 branches across Southeast and Central Missouri, including locations in Cape Girardeau, Columbia, Dexter, Jackson, Poplar Bluff, Sikeston, Springfield, and smaller rural communities such as Piedmont, Puxico, Van Buren, Williamsville, and Greenville. It is FDIC-insured and state-chartered in Missouri, with assets exceeding $1.3 billion at the holding-company level as of early 2026. The bank's GTM combines a traditional community-led branch model with direct-to-consumer digital channels; it serves personal banking consumers, small-to-medium businesses, and agricultural operations across more than 75 communities.
The core product set spans deposit products (checking, savings, money market, CDs), consumer and mortgage lending, commercial and SBA loans, agricultural loans, lines of credit, credit cards, and investment services offered through partnership. Digital delivery is built on third-party platforms — Unifi Digital Banking for online portals across three regional instances (Dexter, Columbia, Ozarks), iOS/Android mobile apps (FMB Dexter, FMB Ozarks), and ProfitStars SmartPay for loan servicing — with a Greenlight partnership adding family-focused debit cards. Proprietary technology is limited to the customer-facing applications layered on top of these vendor platforms; the differentiation is in local decision-making and branch-driven service rather than in-house tech. No AI/ML capabilities, patents, or proprietary models are disclosed.
The revenue model is a classic community bank NIM engine: net interest income on the lending portfolio (consumer, mortgage, commercial, SBA, agricultural) is the primary stream, supplemented by transaction-based fee income from deposit services, credit cards, and digital banking, plus referral-based investment services. Headcount sits at 101–250 employees, and the customer base spans 2,200+ supported businesses and 120,000+ new loans originated. Recent leadership moves in January 2026 (promotion of Chris Guethle to Chief Credit Officer, Brett Dorton to Dexter Community President) and a new headquarters announcement in April 2026 indicate organizational consolidation and infrastructure reinvestment rather than aggressive expansion.
First Midwest Bank (Missouri) firmographics
Firmographics- Name
- First Midwest Bank (Missouri)
- Legal name
- First Midwest Bank
- Website
- https://onemidwest.com
- Company type
- Private
- Founded year
- 1964
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- First Midwest Bank is a privately held, family-owned community bank operating 19 branches across Missouri under Midwest Bancorporation, with over $1.3 billion in assets serving personal, small business, and agricultural customers through deposit products, lending, and digital banking.
- Ownership category
- akta.pro rank
First Midwest Bank (Missouri) industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industry
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)
Keywords
Where First Midwest Bank (Missouri) is headquartered
LocationHeadquarters
- HQ city
- Poplar Bluff
- HQ country
- United States
- HQ region
- North America
Offices19 records
Markets served
First Midwest Bank (Missouri) business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income: Interest earned on loans including commercial loans, consumer loans, mortgages, home loans, agricultural loans, and SBA loans. Primary revenue stream from net interest margin on lending portfolio.
- Deposit Services: Interest paid to depositors on checking, savings, money market accounts, and certificates of deposit. Fee income from various account services.
- Fee-Based Services: Non-interest income from fees including credit cards, business solutions, loan servicing, and digital banking services.
- Investment Services: Investment services offered through partnership for personal and business customers including retirement planning and wealth management referrals.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
First Midwest Bank (Missouri) product offering
Product offeringCore offering
First Midwest Bank (Missouri) is a family-owned community bank that provides traditional banking products and lending services to individuals, families, businesses, and agricultural operations across Southeast Missouri and surrounding regions. The bank operates 19 branch locations and delivers deposit accounts (checking, savings, money market, CDs), consumer and mortgage loans, commercial and SBA lending, agricultural financing, credit cards, and investment services, supported by online and mobile banking platforms.
Product overview
First Midwest Bank is a community bank offering a comprehensive suite of personal and business banking products and services. The bank's offerings include deposit products (checking, savings, money market accounts, and certificates of deposit), lending solutions (consumer loans, home loans, mortgages, commercial loans, SBA loans, agricultural loans, and lines of credit), credit cards, and investment services. Digital banking capabilities include online banking, mobile banking apps for iOS and Android, and budgeting tools. The bank also partners with Greenlight for family banking solutions with debit cards for children, and uses ProfitStars for loan payment processing. Business banking includes specialized services for commercial, agricultural, and small business clients including SBA loans. The bank operates 19 locations across Missouri.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Accounts Personal checking accounts designed to simplify everyday finances with banking services tailored to individual life stages; offered as a core personal banking product across all Missouri branches.
- Savings Accounts Savings accounts for starting or continuing a savings journey, helping customers build emergency funds and achieve financial goals.
- Money Market Accounts Interest-bearing accounts that offer competitive rates while providing access to funds through limited transfers and withdrawals.
- Certificates of Deposit (CDs) Time deposits with fixed terms and guaranteed returns for customers seeking stable, low-risk growth for their savings.
- Personal Credit Cards Personal credit card products for everyday spending, rewards, and building credit history.
- Consumer Loans Personal loans including auto loans, RV loans, and general consumer financing for both planned big purchases and unplanned expenses.
- Home Loans Home financing options including purchase loans and refinancing solutions to meet various budgets and needs.
- Mortgage Loans Long-term mortgage financing for home purchases with various term options and competitive rates.
- Investment Services Financial planning and investment services for retirement and long-term wealth building, including IRAs and retirement accounts.
- Business Checking Business checking accounts offering convenience and perks tailored for businesses of all sizes, with tools to manage cash flow and operations.
- Business Solutions Tools and services to improve business efficiency and streamline operations, including merchant services and cash management.
- Business Credit Cards Business credit card products for commercial spending, working capital needs, and credit-building for businesses.
- Commercial Loans Financing solutions for starting or growing businesses, including term loans and equipment financing.
- Lines of Credit Flexible business financing that allows companies to access funds as needed up to a set limit.
- SBA Loans Small Business Administration loans providing funding for equipment, working capital, and business expansion with government-backed guarantees.
- Agricultural Loans Specialized financing options designed for farming and ag-related businesses, including operating loans, equipment financing, and farm-related credit needs.
- Online Banking 24/7 web-based access to accounts for viewing balances, transactions, bill payment, fund transfers, and budgeting tools, delivered via three regional Unifi-powered online banking portals (Dexter, Columbia, Ozarks).
- Mobile Banking Smartphone and tablet banking app enabling users to securely pay bills, transfer funds, deposit checks, and manage finances on the go via FMB Dexter Mobile Banking and FMB Ozarks Mobile Banking apps for iOS and Android.
- Loan Payment Portal (ProfitStars SmartPay) Secure online portal for making one-time or scheduled loan payments, viewing payment history, and setting up automatic recurring payments, powered by ProfitStars SmartPay.
- Greenlight Family Banking Family-focused debit card and educational app for children's financial literacy and parental controls, offered in partnership with Greenlight and integrated with First Midwest Bank's personal banking services.
Companies that use First Midwest Bank (Missouri)
Customer profileSegments3 records
Ideal customer profiles3 records
First Midwest Bank (Missouri) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature4 records
First Midwest Bank (Missouri) partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- GreenlightcorePartnership offering Greenlight family-focused debit card and financial education app. Helps children develop saving habits and financial literacy through an easy-to-use, family-friendly debit card and app. Integrated with First Midwest Bank's personal banking offerings for families.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
First Midwest Bank (Missouri) competitors and assessment
Company assessmentBroad incumbents
- Commerce Bank: Larger Missouri-headquartered commercial/retail bank with overlapping personal and business banking products, but operating at significantly greater scale and geographic breadth than First Midwest Bank.
- Regions Bank: Large regional bank with significant Missouri branch presence offering competing personal, small-business, and ag lending products to First Midwest's segments.
Direct peers
- Academy Bank: Mid-size community bank with retail and small-business banking model; in-store branch presence (including Walmart) parallels First Midwest Bank's Poplar Bluff Walmart branch strategy.
- Hawthorn Bancshares: Family-owned Missouri community bank holding company operating across central and western Missouri with similar deposit/lending mix and rural community-banking positioning.
- Bank of Missouri: Mid-size Missouri community bank offering personal, business, and mortgage banking with similar community-bank model and statewide branch presence.
- Equity Bank: Mid-size community bank operating across the Midwest/Kansas City region offering comparable deposit, lending, and ag-focused products with similar family/banker ownership structure.
- United Security Bank (Missouri): Small Missouri community bank with deposit and commercial lending focus serving rural communities similar to First Midwest's Missouri footprint.
- Phelps County Bank: Missouri-based community bank with deposit and small-business lending focus in rural markets overlapping First Midwest Bank's Ozarks footprint.
- Great Southern Bank: Missouri-headquartered community bank with a multi-state branch network offering comparable personal, business, and ag lending products with similar community-bank value proposition to First Midwest Bank.
Regional players
- Arvest Bank: Arkansas-headquartered community-banking group with overlapping small-business and consumer banking products; primary footprint adjacent to but not directly in Missouri.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
First Midwest Bank (Missouri) social profiles
Digital presenceFirst Midwest Bank (Missouri) compliance and trust
Trust signalCompliance1 record
First Midwest Bank (Missouri) financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Midwest Bank (Missouri) leadership team
Management profileNumber of profiles
Profiles13 records
First Midwest Bank (Missouri) funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Midwest Bank (Missouri) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Midwest Bank (Missouri)
What does First Midwest Bank (Missouri) do?
First Midwest Bank (Missouri) is a family-owned community bank that provides traditional banking products and lending services to individuals, families, businesses, and agricultural operations across Southeast Missouri and surrounding regions. The bank operates 19 branch locations and delivers deposit accounts (checking, savings, money market, CDs), consumer and mortgage loans, commercial and SBA lending, agricultural financing, credit cards, and investment services, supported by online and mobile banking platforms.
Is First Midwest Bank (Missouri) a public or private company?
First Midwest Bank (Missouri) is a private company. It is classified as family owned and is currently operating.
When was First Midwest Bank (Missouri) founded?
First Midwest Bank (Missouri) was founded in 1964. It employs 101 to 250 people.
Where is First Midwest Bank (Missouri) based?
First Midwest Bank (Missouri) is headquartered in Poplar Bluff, United States, in the North America region.
How does First Midwest Bank (Missouri) make money?
Four revenue lines are on record. Interest Income is the primary driver. The others are deposit Services, fee-Based Services and investment Services.
Who are First Midwest Bank (Missouri)'s main competitors?
Broad incumbents on record are Commerce Bank and Regions Bank. Direct peers are Academy Bank, Hawthorn Bancshares, Bank of Missouri, Equity Bank, United Security Bank (Missouri), Phelps County Bank and Great Southern Bank. Arvest Bank is listed as a regional player.
Does First Midwest Bank (Missouri) have an API?
No public API is recorded for First Midwest Bank (Missouri).
What industry is First Midwest Bank (Missouri) in?
First Midwest Bank (Missouri)'s product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 5221 and its SIC code is 6022.