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Press Release


Midland States Bank Wealth Management Hires Wealth Advisor Steven Olsen

EFFINGHAM, ILLINOIS – May 10, 2016 – Midland States Bank announced today that Steven J. Olsen has joined its Wealth Management Group as a Wealth Advisor and Financial Planner. He will be located at its Rockford, Illinois office to help serve the bank's growing client base in northern Illinois and southern Wisconsin.

Olsen, an accomplished Wealth Advisor and Financial Planner with over 22 years of experience, has been associated with a Wisconsin-based bank since 1994. In his new role with Midland, Olsen will develop and deepen client relationships, while providing clients with personalized investment solutions and financial planning assistance for their short-term and long-term financial goals.

"We are pleased that another Wealth Advisor who shares our values has joined our growing team," commented Eric Chojnicki, President of Midland's Wealth Management Group. "Steven has a strong background in the industry and solid focus on providing customized solutions and service to his clients."

Olsen said, "I am excited to have the opportunity to work with Midland's Rockford team and look forward to using my experience and skills in helping clients in both northern Illinois and southern Wisconsin."

Olsen received his Bachelor and Master of Business Administration-Finance degrees from the University of Wisconsin in Whitewater. He completed the Cannon Trust Investment School I, II, and III, where he received his designation as an Accredited Fiduciary Investment Manager™ (AFIM).

About Midland States Bancorp, Inc.
Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. Midland has assets of approximately $2.9 billion, and its Midland Wealth Management Group has assets under administration of approximately $1.2 billion as of March 31, 2016. Midland remains locally owned and provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance and financial planning services. In addition, commercial equipment leasing services are provided through Heartland Business Credit, and multi-family and healthcare facility FHA financing is provided through Love Funding, its non-bank subsidiaries.  Midland now has more than 80 locations across the U.S.  As a community banking institution, Midland prides itself on establishing and maintaining excellent relationships with its customers and is committed to serving the financial needs of its communities. For additional information, visit http://www.midlandsb.com or follow us on LinkedIn at https://www.linkedin.com/company/midland-states-bank.

Contact:
Greg Pence
Director of Marketing
217-342-7381

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