Two Rivers Bank & Trust will officially become First Mid Bank & Trust this weekend, marking the completion of a rebrand that follows First Mid Bancshares’ acquisition of Two Rivers Financial Group earlier this year.
Two Rivers banking centers — including a Coralville location at 3292 Ridgeway Dr., serving the Corridor — will close Friday evening and reopen Monday, June 15, under the First Mid banner. Customers should expect some one-time transition steps, including logging into online banking and activating new debit cards. Welcome packets with account information were mailed to customers ahead of the changeover.
First Mid completed its acquisition of Two Rivers Financial Group, the parent company of Two Rivers Bank & Trust, in March. Since then, the two organizations have worked to align operations ahead of this weekend’s conversion.
“We are thrilled to welcome our new Two Rivers customers and want to make the conversion as easy as possible for them,” said Joe Dively, chairman and chief executive officer at First Mid. “We look forward to building on Two Rivers’ longstanding legacy of strong customer and community relationships while bringing a broader range of financial solutions to these markets, including expanded agriculture, insurance, and investment services.”
The merger establishes First Mid’s first presence in Iowa, with locations in Ankeny, Burlington, Coralville, Des Moines, Fort Madison, Keokuk, Mediapolis, Mount Pleasant, Urbandale, West Burlington, and West Point. Combined with its existing footprint, First Mid customers will now have access to 90 banking locations across Illinois, Iowa, Missouri, Texas, and Wisconsin.
First Mid Bancshares is the parent company of First Mid Bank & Trust, First Mid Insurance Group, and First Mid Wealth Management Company. The Mattoon, Illinois-based organization holds $9.3 billion in assets and has provided financial services since 1865.
