Winning the M&A Game

Midland States Bancorp was founded 138 years ago, yet almost all its growth has come in just the past decade. The change in strategy traces back to 2007. That’s when a new management team – CEO Jeffrey Ludwig and his predecessor and current vice chair Leon Holschbach – joined forces to ignite a series of rapid-fire acquisitions. Together, they’ve transformed the Effingham, Illinois-based bank from less than $400 million in assets to more than $6.1 billion today.  “It’s definitely been a part of who we are; it’s how we’ve built our company,” says Ludwig. “We needed to build scale, and…

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Emily McCormick

Vice President of Editorial & Research

Emily McCormick is Vice President of Editorial & Research for Bank Director. Emily oversees research projects, from in-depth reports to Bank Director’s annual surveys on M&A, risk, compensation, governance and technology. She also manages content for the Bank Services Program. In addition to regularly speaking and moderating discussions at Bank Director’s in-person and virtual events, Emily regularly writes and edits for Bank Director magazine and BankDirector.com. She started her career in the circulation department at the Knoxville News-Sentinel, and graduated summa cum laude from The University of Tennessee with a bachelor’s degree in Spanish and International Business.

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