The First Midwest Private Banking2 team understands the needs of our high net worth clients and combines customized banking services with a concierge-style experience. As your dedicated point of contact, your Relationship Manager has the experience you require to help facilitate your financial goals and integrate products across your personal, wealth management and commercial banking needs.
Our Private Banking services are designed to meet the specific demands and high expectations of ambitious entrepreneurs, medical and legal professionals, corporate executives, private investors and other successful high net worth individuals.
Our Private Banking Services
Customized credit can be used to achieve a variety of goals, including liquidity management, risk management, asset protection, portfolio diversification and special growth opportunities. Your Private Banking Relationship Manager can provide personalized lending solutions to help meet your specific financial goals.
- Marketable Securities Loans — Streamlined and Fully Underwritten4
- Restricted and Control Securities Loans
- Custom Jumbo Mortgages5
- Home Equity Lines of Credit
- Lot Loans
- Residential Construction Loans6
- Unsecured Credit Lines
- Investor-owned Real Estate
- Cash Value of Life Insurance Financing
- Life Insurance Premium Financing
Diamond Elite Checking offers our most complete, and best value, benefits package. Our Private Banking clients who maintain a deep Wealth Management or Commercial banking relationship with First Midwest are eligible for this account as an added benefit.
- World Debit MasterCard®
- Unlimited ATM transactions8
- Free single style First Midwest Exclusive Wallet Checks and $10 off other select styles9
- No monthly maintenance fee
- Eligible for a Diamond Savings Account and Diamond Money Market Account
- Diamond Savings Account’s monthly maintenance fee waived10
- $500 rebate on Mortgage closing costs11
- Competitive rates on Home Equity Lines of Credit, Home Equity Loans and Auto Loan4
- Special rates on Certificates of Deposit12
- First year Safe Deposit Box rental free and 50% off additional rental years13
- Image Statement Fee is waived
- Free Official Checks, Money Orders, Notary Services and Signature Guarantees
- High priority Call Center assistance
- Online and Mobile Banking
- Exclusive checks and $10 off other select styles
Diamond Savings14 is an exclusive account reserved for our Diamond and Diamond Elite Checking clients. Diamond Savings is a multiple-tiered interest-bearing account that offers safety and liquidity at a higher interest rate than our traditional Statement Savings account. Diamond Savings is a convenient, low-cost way to save regularly for specific financial needs or to contribute to “emergency” funds.15
- Exclusive competitive interest rates16
- No Monthly Maintenance Fee17
- Systematic Savings Opportunities10
Offered exclusively to our Private Banking clients, Diamond Elite Money Market14 is a multiple-tiered interest-bearing account that offers safety and liquidity at a higher interest rate than a traditional Money Market account. The Diamond Elite Money Market account is a convenient, and low-cost18 way for clients interested in combining investment savings rates with cash management conveniences.
- Exclusive competitive interest rate16
- Liquidity with check-writing privileges15,19
- World Debit Mastercard® privileges20