The parent company of Midwest Bank, Western Illinois Bancshares, has rebranded their name, paying homage to the first charter in the history of Midwest Bank, explains President Chris Gavin:
“We have been undergoing some rebranding, and we are excited about that. We recently changed our name from Western Illinois Bancshares, which is our parent company, to 1870 Holdings. 1870 Holdings is tied to the first charter, the National Bank of Monmouth, which was chartered in 1870, and that is where 1870 Holdings comes from. We didn’t get to celebrate our 150th anniversary. We were all geared up for that, but that was COVID year, unfortunately, but we have been around for a while, and we have some exciting things going on in our companies.”
Today, Midwest Bank has eight banking locations and eight insurance offices across six counties in Illinois, offering business and personal financial solutions, insurance, trust and wealth management, and electronic banking services.
