mergers Archives • Northwest Indiana Business Magazine
Plant money

First Midwest clears regulatory hurdle to buy Bridgeview Bank Group

First Midwest Bancorp Inc., the parent company of First Midwest Bank, recently announced it received approval from the Federal Reserve to acquire Bridgeview Bancorp Inc. and its wholly owned subsidiary, Bridgeview Bank Group. “We are very pleased to have received Federal Reserve approval for our proposed acquisition of Bridgeview Bank Group, which we announced on …

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Groceries

SpartanNash of Michigan completes acquisition of Martin’s Super Markets Inc. of South Bend

Michigan-based SpartanNash Co. has completed its acquisition of Martin’s Super Markets Inc. of South Bend. SpartanNash announced Nov. 20 that it was buying the family-owned and operated independent supermarket chain. The transaction closed on Dec. 31, which was the first day of SpartanNash’s first fiscal quarter of 2019. Under the terms of the agreement, SpartanNash …

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Peoples Bank

NorthWest Indiana Bancorp, Peoples Bank buying AJS Bancorp Inc., A.J. Smith Federal Savings Bank of Illinois

MUNSTER – NorthWest Indiana Bancorp, parent of Peoples Bank SB, is continuing its expansion into Illinois. The company announced July 31 it will acquire AJS Bancorp Inc. and its wholly-owned subsidiary, A.J. Smith Federal Savings Bank of Midlothian, Ill., which operates one branch in Midlothian, Ill. and two in Orland Park, Ill., in a stock …

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MainSource Financial locations rebranded under First Financial Bancorp’s banner

First Financial Bancorp. completed the conversion of MainSource Financial Group branches into First Financial locations. The systems, locations and branding were combined during Memorial Day weekend. The combined operations now have more than 150 banking center locations across Ohio, Indiana, Illinois and Kentucky. First Financial operates several locations across Northwest Indiana. The conversion of the …

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