R. Robert Funderburg, Jr. Intends Not to Seek Re-Election as Director of Midland States Bancorp, Inc
February 06, 2019 at 04:15 pm EST
Share
On February 5, 2019, R. Robert Funderburg, Jr., a current director of Midland States Bancorp, Inc. who joined the board in connection with the Company’s acquisition of Alpine Bancorporation, Inc., provided notice to the board of directors of the Company of his intention not to seek re-election as a director at the Company’s 2019 annual meeting of shareholders. Mr. Funderburg’s decision was not the result of a disagreement with the Company.
Midland States Bancorp, Inc. is a diversified financial holding company. Its segments include Banking, Wealth Management, and Other. The Banking segment provides a range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; commercial equipment financing; mortgage loan sales and servicing; letters of credit; various types of deposit products, including checking, savings and time deposit accounts; merchant services; and corporate treasury management services. The Wealth Management segment operates under the name Midland Wealth Management, which consists of trust and wealth management products and services, including financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration and retail brokerage services through a nationally recognized third-party broker dealer.
MIDLAND STATES BANCORP, INC. 
