First Mid logo — Fulfilling financial needs with personal service, profession...

First Mid

Fulfilling financial needs with personal service, professionalism, and integrity, delivering meaningful value for customers and shareholders.

Founded 1865 United States Mattoon, United States 804 employees Total: $1.11M Finance, Financial Services +3

General Information

Company Name First Mid
Founded Year 1865
Location United States Mattoon, United States
Employees 804
Industries Finance, Financial Services, Insurance +2
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About First Mid

First Mid is a company with a long history, being founded in 1865 and headquartered in the United States. This startup offers a wide range of financial services, including banking, insurance, wealth management, and agricultural support across Illinois and eastern Missouri. The company's slogan emphasizes its commitment to fulfilling financial needs with personal service, professionalism, and integrity, delivering meaningful value for customers and shareholders. With a focus on addressing the financial needs of communities, First Mid aims to provide superior personal service, professionalism, and integrity while delivering significant value and outcomes for customers and shareholders. In May 2021, First Mid secured a $1.11M Funding Round, indicating investor confidence in the company's offerings and potential for growth. The details of the last investment present an opportunity for potential investors to consider the company's financial standing and growth trajectory. The company operates within the Finance, Financial Services, Insurance, Banking, and Wealth Management industries, offering a comprehensive approach to addressing various financial needs. This diversified service portfolio showcases the company's ability to cater to a wide customer base and also presents potential for cross-selling and upselling opportunities within its customer ecosystem. This diversification also indicates stability and potential for long-term growth. Overall, First Mid's history, diversified services, recent investment, and industry positioning make it an intriguing prospect for potential investors. The company's commitment to delivering value for both customers and shareholders aligns with the expectations of the finance and financial services market, making it a promising candidate for investment consideration.

Business keywords: Banking, Wealth Management, Agricultural Support, Personal Service, Professionalism, Integrity, Investment Services, Financial Planning, Mortgage Lending, Commercial Banking, Consumer Lending

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Funding Round First Mid $1.11M -
10 May 2021

First Mid Alternatives & Competitors

View All Alternatives
First Mid vs
First Western
First Western United States

Your All-in-One Financial Services Provider

131 employees
Finance, Financial Services
First Mid vs
Progressive Bank
Progressive Bank United States

To help people achieve their dreams. . .

160 employees
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First Mid vs
Alerus
Alerus United States

Banking :: Wealth :: Retirement

806 employees
Financial Services, Banking

FAQ About First Mid

Fulfilling financial needs with personal service, professionalism, and integrity, delivering meaningful value for customers and shareholders.
First Mid was founded in 1865.
First Mid is headquartered in Mattoon, United States.
First Mid operates in Finance, Financial Services, Insurance, Banking and Wealth Management. Its work centres on Banking, Wealth Management, Agricultural Support and Personal Service.
First Mid has approximately 804 employees.
First Mid has completed 1 funding round, raising a total of $1.11M.
Top alternatives and competitors to First Mid include First Western, Progressive Bank, Alerus, Peapack-Gladstone Bank | Private Banking since 1921, Stride Bank, N.A.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
First Mid and First Western are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for First Mid, https://bouncewatch.com/company/first-mid, updated 5 January 2025. When citing, please name BounceWatch and link this page.

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