MidFirst Bank, one of the largest privately held banks in the nation, has announced the expansion of its commercial and industrial (C&I) and private banking divisions in Salt Lake City. This growth aligns with Oklahoma City-based MidFirst’s expansion strategy in the western U.S., which includes the recent expansion of the bank’s C&I division in Colorado as well as a new commercial and private bank office in Las Vegas, according to a MidFirst release.
A group of experienced bankers have joined the MidFirst Salt Lake City team who will focus on partnering with privately owned companies with revenue up to $100 million.
“We’re excited to grow our C&I and private banking divisions throughout the western U.S. and look forward to partnering with even more Utah companies to achieve their business goals,” said Chris Tillack, newly named Utah market president at MidFirst Bank. “Utah and the Salt Lake City area have experienced rapid growth over the past several years, and our team looks forward to drawing on our extensive experience in the region to deliver unparalleled banking services and solutions to the community.”
Tillack has more than 30 years of banking experience with a focus on advising and managing commercial banking relationships in lending, deposit and treasury needs. He manages commercial banking, small-business banking and the private banking lines of business serving a variety of industries that include manufacturing, healthcare, professional services, technology and commercial real estate.
With $36.7 billion in assets, MidFirst Bank provides commercial lending, wealth management, private banking and mortgage servicing nationally. The bank has locations in Arizona, California, Colorado, Nevada, Oklahoma, Texas and Utah. MidFirst serves California through 1st Century Bank, a division of MidFirst Bank.