Chicago’s First Midwest Bank is adding a new branch in Davenport, Iowa. The start of construction on the 3,000-square-foot building will be marked by a groundbreaking ceremony Tuesday, July 16.
The branch will provide a full range of retail, commercial and wealth products and services, as well as a drive-up window and a 24-hour ATM.
“First Midwest has long-standing roots in the Quad Cities, with deep client and community relationships,” said Rick Mahoney, Regional Group Head for Commercial Banking in the Quad Cities. “We look forward to expanding our ability to meet the financial needs of consumers and businesses in Davenport and the surrounding area through a highly personalized client experience and by offering them a broad range of banking and wealth management solutions.”
The branch is expected to open in the fourth quarter of 2019.
The $17 billion First Midwest recently announced its expansion in the Milwaukee area through the addition of a commercial banking center.