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First Midwest Bancorp Inc Salary

First Midwest Bancorp Inc Salary

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As of September 2026, the average annual salary for employees at First Midwest Bancorp Inc in the United States is $104,658. This translates to an approximate hourly wage of $50. Salaries at First Midwest Bancorp Inc typically range from $91,743 to $118,839 annually, reflecting the diverse roles and experience levels within the company.

How Much Does First Midwest Bancorp Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at First Midwest Bancorp Inc. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Turn Insight into Opportunity: Current Job Openings

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About First Midwest Bancorp Inc: Company Profile

Website
www.firstmidwest.com
Founded In
1940
Employees
1,000 - 3,000 employees
Industry
Financial Services
Headquarter Location
CHICAGO
Revenue
$500 Million - $1B
Phone Number
-
Social Media
About FIRST MIDWEST BANCORP INC
First Midwest Bank provides personal and commercial banking services for businesses and individuals.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into First Midwest Bancorp Inc's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The benefits are attractive, offering healthcare, wellness, and retirement options. Leadership prioritizes transparency, regularly sharing company performance and strategic goals. Industry reputation opens doors. Management is fair and consistent. Offices are designed for both collaboration and focused work, with state-of-the-art technology.
Commented in May 03, 2025
31
1
This leadership style brings out my best work. Regulatory changes are communicated clearly. Overall, it’s a stable and rewarding financial services firm. Great time management tools and clear priorities from management help everyone stay focused. There’s a focus on doing things the traditional way. The leadership team is remarkably transparent about company performance, strategic direction, and in...
Commented in June 26, 2024
19
3
Coworker interaction is limited to work-related tasks. It’s an energizing place to work and thrive. Teamwork drives strong performance. The collaborative environment here is exceptional.
Commented in February 06, 2024
8
3

How First Midwest Bancorp Inc's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating First Midwest Bancorp Inc’s pay competitiveness. Click on a company for a deeper dive.

Is First Midwest Bancorp Inc’s Pay Competitive? Salary Benchmarking Analysis

How does First Midwest Bancorp Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
WESBANCO $98,033
-6.3%
WESBANCO focuses strategically on recruiting and training entry-level apprentices.
OLD NATIONAL BANCORP $94,101
-10.1%
OLD NATIONAL BANCORP likely leverages performance bonuses over the high base salary shown here.
TRUSTMARK BANK $88,667
-15.3%
TRUSTMARK BANK may offer non-monetary perks in lieu of competitive base salaries.
CADENCE BANK, N.A. $101,170
-3.3%
Typical compensation structure for smaller regional agencies like CADENCE BANK, N.A..
Financial Services Industry $121,514
+16.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at First Midwest Bancorp Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from First Midwest Bancorp Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of First Midwest Bancorp Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About First Midwest Bancorp Inc

FAQ 1: How much does a First Midwest Bancorp Inc employee make?
First Midwest Bancorp Inc pays its employees an average of $104,658 per year. The average salary at First Midwest Bancorp Inc range from $91,743 to $118,839 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: Which similar company tend to pay more or less than First Midwest Bancorp Inc?
The salary at First Midwest Bancorp Inc is higher than the similar company. The average annual salary at First Midwest Bancorp Inc is $104,658, or an hourly wage of $50, in comparison to WESBANCO which pays $98,033 per year or $47 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at First Midwest Bancorp Inc?
In many roles at First Midwest Bancorp Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Chicago affect the perceived value of a First Midwest Bancorp Inc salary?
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from First Midwest Bancorp Inc based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does First Midwest Bancorp Inc typically offer employees?
First Midwest Bancorp Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at First Midwest Bancorp Inc" section on this page.

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