First Mid Bancshares : Insurance Group Announces Acquisition of Gentry-Couch, Inc.
November 21, 2019 at 04:32 pm EST
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FOR IMMEDIATE RELEASE
November 21, 2019
Media Contact: Laura ZuHone
Investor Contact: Aaron Holt
VP, Director of Marketing
VP, Shareholder Relations
217-258-0675
217-258-0463
lzuhone@firstmid.com
aholt@firstmid.com
FIRST MID INSURANCE GROUP ANNOUNCES
ACQUISITION OF GENTRY-COUCH, INC.
MATTOON, IL - First Mid Insurance Group announced today that it will purchase Gentry- Couch, Inc. Insurance and Risk Services, a retail and commercial multi-line insurance agency specialized in the areas of public entities, professional occupations, not-for-profit organizations, and food and beverage entities.
The Gentry-Couch agency is based in Carterville, Illinois, and has been helping families and businesses with their risk management and insurance needs for almost 60 years. Tom Couch, President of Gentry-Couch, and his team will join First Mid Insurance Group as of December 1, 2019 and will continue to serve their customers throughout the Southern Illinois region.
"The addition of the Gentry-Couch team will allow us to expand our presence in the Southern Illinois region and deepen our relationships with our customers there, especially in the Marion and Carbondale areas where we will be opening a new insurance office as the result of this acquisition," says Clay Dean, Chief Executive Officer of First Mid Insurance Group. "Our new colleagues bring great talent and expertise, especially in the non-profit and commercial public entity risk management areas. Their extensive knowledge of working with state and municipal agencies will complement our strong construction practice."
About First Mid Insurance Group: First Mid Insurance Group has been committed to helping customers with risk management solutions for over 100 years, and is the largest community bank-owned insurance broker in Illinois with offices based in six communities. The team of over 60 risk management professionals collaborates to make an impact in tailored insurance and benefits solutions for over 15,000 commercial and retail clients.
About First Mid Bancshares, Inc.: First Mid Bancshares, Inc. is the parent company of First Mid Bank & Trust, N.A., First Mid Insurance Group and First Mid Wealth Management Company. First Mid Bank & Trust was first chartered in 1865 and has since grown into a $3.8 billion community-focused organization that provides financial services through a network of banking centers in Illinois and Missouri and a loan production office in Indiana. More
information about the Company is available on our website at www.firstmid.com. Our stock is traded in The NASDAQ Stock Market LLC under the ticker symbol "FMBH."
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First Mid-Illinois Bancshares Inc. published this content on 21 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 November 2019 21:31:03 UTC
First Mid Bancshares, Inc. is a financial holding company. The Company is the parent company of First Mid Bank & Trust, N.A. (First Mid Bank)., Blackhawk Bank, First Mid Insurance Group, Inc. (First Mid Insurance) and First Mid Wealth Management Company. It is engaged in the business of banking through its wholly owned subsidiary, First Mid Bank. The Company offers insurance products and services to customers through its wholly owned subsidiary, First Mid Insurance. The Company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, First Mid Wealth Management Company. First Mid provides a range of financial services, including banking, wealth management, brokerage, Ag services, and insurance through a network of locations throughout Illinois, Missouri, Texas, and Wisconsin and in Indianapolis area. First Mid Wealth Management Company offers services, such as retirement planning, financial planning, and investment services.