First Midwest Bancorp Inc Salary

As of May 2026, the average hourly salary for employees at First Midwest Bancorp Inc in the United States is $50. This translates to an approximate annual wage of $104,658. Salaries at First Midwest Bancorp Inc typically range from $44 to $57 hourly, 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 hourly wage of $66. The table below outlines the hourly wage ranges for most popular roles within the company.

Business Anaylst

$66 / hour

Salary Range: $55 - $75

Library

Contact Center Agent

$42 / hour

Salary Range: $36 - $48

Sales

Digital Banking Agent

$34 / hour

Salary Range: $30 - $38

Construction

Digital Services Specialist

$17 / hour

Salary Range: $15 - $19

Security Services

Digital Support Agent

$34 / hour

Salary Range: $30 - $38

Construction

Fraud and Security Specialist

$44 / hour

Salary Range: $38 - $51

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.
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...
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.

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 $47
-6.3%
Typical compensation structure for smaller regional agencies like WESBANCO.
OLD NATIONAL BANCORP $45
-10.1%
OLD NATIONAL BANCORP may offer non-monetary perks in lieu of competitive base salaries.
TRUSTMARK BANK $43
-15.3%
Reflects market rates for standard general contracting, differing from specialized roles.
CADENCE BANK, N.A. $49
-3.3%
CADENCE BANK, N.A. operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $59
+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: What is the typical salary range (low to high) for most roles at First Midwest Bancorp Inc?
The typical salary range for most roles at First Midwest Bancorp Inc is approximately from $44 to $57 per hour. 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: How much does First Midwest Bancorp Inc pay compared to WESBANCO?
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: How does experience level affect salary at First Midwest Bancorp Inc?
Experience level is a significant factor in determining salary at First Midwest Bancorp Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from First Midwest Bancorp Inc in Chicago is fair given the local cost of living?
To determine if a salary offer from First Midwest Bancorp Inc in Chicago is fair, first compare the gross salary to our data for similar roles at First Midwest Bancorp Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at First Midwest Bancorp Inc?
Several key factors influence salary levels at First Midwest Bancorp Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: First Midwest Bancorp Inc likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.