December 11, 2014

Federal Reserve Board approves proposal by Midland States Bancorp

For release at 5:00 p.m. EST

The Federal Reserve Board on Thursday announced its approval of the proposal by Midland States Bancorp, Inc., Effingham, Illinois, to acquire Love Savings Holding Company, St. Louis, Missouri, pursuant to section 4 of the Bank Holding Company Act of 1956, and the proposals by Midland States Bank, Effingham, Illinois to merge with Heartland Bank, St. Louis, Missouri, pursuant to the Bank Merger Act, and operate branches at the main office and branch locations of Heartland Bank pursuant to section 9 of the Federal Reserve Act.

Attached is the Board's Order relating to this action.

Attachment (PDF)

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Last Update: December 11, 2014