May 21, 2020 Update: 

Paycheck Protection Program

We are no longer accepting SBA PPP applications online. If you are interested in applying for an SBA PPP loan, please reach out to your Relationship Manager or call the First Midwest/Park Bank dedicated SBA PPP Call Center at 855.206.1944 between 8 am and 5 pm CST, Monday – Friday.

Update on the PPP Loan Forgiveness Application

The SBA has announced preliminary guidance on loan forgiveness for PPP loan recipients. If you received PPP funding, we strongly suggest: ​

  • Reviewing SBA Form 3508, also known as the Paycheck Protection Program Loan Forgiveness Application.  ​
  • Organizing and saving the applicable documentation listed on Page 10.

We are not currently accepting forgiveness applications. However, your preparation will expedite processing. Borrowers are eligible to apply for forgiveness 56 days after their funds are disbursed, until 6 months after their funds are disbursed. ​

If you received PPP funds through Park Bank / First Midwest Bank, we will notify you via email when you become eligible to apply for forgiveness. Please do not submit a forgiveness application prior to receiving notice from us. Applications will be accepted online only, using the same portal and process you used to submit your initial application.

If you have any questions, please call our dedicated SBA PPP Call Center at 855.206.1944 between 8am - 5pm CDT, Monday-Friday.​


*Park Bank is a relationship-focused financial institution based in Milwaukee, Wisconsin and a wholly owned subsidiary of First Midwest Bancorp, Inc. (NASDAQ: FMBI). First Midwest is one of the largest independent publicly traded bank holding companies based on assets headquartered in Chicago and the Midwest, with approximately $19 billion of assets and an additional $12 billion of assets under management. Park Bank, First Midwest Bank and First Midwest’s other affiliates provide a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services. Park Bank operates locations across the Milwaukee area and First Midwest maintains locations throughout metropolitan Chicago, southeast Wisconsin and across the Midwest. Visit Park Bank at www.parkbankonline.com and First Midwest at www.firstmidwest.com.


April 29, 2020 Update: 

Park Bank is accepting new PPP loan applications from business customers

On April 27, 2020, the SBA opened the window to accept new loan applications for the second round of Paycheck Protection Program funding. At this time, Park Bank is accepting new applications from existing business clients with a business loan or deposit account. According to the SBA, funding is still available, but demand for funding remains high. Depending upon the volume of new applicants and the status of your application, we may not be able to process your application before the second round of funding is exhausted.

If you have questions, please contact your relationship manager.

Check back for updates; we will continue to update our website with the latest information.


*Park Bank is a relationship-focused financial institution based in Milwaukee, Wisconsin and a wholly owned subsidiary of First Midwest Bancorp, Inc. (NASDAQ: FMBI). First Midwest is one of the largest independent publicly traded bank holding companies based on assets headquartered in Chicago and the Midwest, with approximately $19 billion of assets and an additional $12 billion of assets under management. Park Bank, First Midwest Bank and First Midwest’s other affiliates provide a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services. Park Bank operates locations across the Milwaukee area and First Midwest maintains locations throughout metropolitan Chicago, southeast Wisconsin and across the Midwest. Visit Park Bank at www.parkbankonline.com and First Midwest at www.firstmidwest.com.


April 27, 2020 Update: 

SBA Paycheck Protection Program Window is Now Open

The SBA opened the window to accept new Paycheck Protection Program (PPP) applications beginning today. An additional $320 billion in new funding is available. Park Bank and First Midwest Bank* are actively submitting applications to the SBA. We are focused on processing customers’ applications remaining in our queue from the first round of funding. In fairness to all, we are continuing to process applications in the order in which they are completed. Demand for funding remains high and depending upon the status of your application, we may not be able to process your application before the second round of funding is exhausted. It is generally anticipated that the new funding allocation will be exhausted in a matter of days. Due to the demand, Park Bank is no longer accepting new applications.

If you have questions, please contact your relationship manager or call the First Midwest/Park Bank dedicated SBA PPP Call Center at 855.206.1944 between 8 am and 5 pm CST, Monday – Friday.

Check back for updates; we will continue to update our website with the latest information.


*Park Bank is a relationship-focused financial institution based in Milwaukee, Wisconsin and a wholly owned subsidiary of First Midwest Bancorp, Inc. (NASDAQ: FMBI). First Midwest is one of the largest independent publicly traded bank holding companies based on assets headquartered in Chicago and the Midwest, with approximately $19 billion of assets and an additional $12 billion of assets under management. Park Bank, First Midwest Bank and First Midwest’s other affiliates provide a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services. Park Bank operates locations across the Milwaukee area and First Midwest maintains locations throughout metropolitan Chicago, southeast Wisconsin and across the Midwest. Visit Park Bank at www.parkbankonline.com and First Midwest at www.firstmidwest.com.


April 23, 2020 Update: 

Additional Funding Approved for SBA Paycheck Protection Program

Congress has passed legislation to provide $320 billion in new funding for the Small Business Administration’s Paycheck Protection Program. (PPP). We understand these are unprecedented times and these PPP funds are critically important to run your business and to provide for the safety and well-being of your employees.

At this time, the SBA is not accepting applications. They are taking some time to get prepared for the second round of funding. We will update our website when the SBA funding window opens.

We will immediately begin submitting the completed applications remaining in our queue from the first round of the program to the SBA as soon as they begin accepting new applications. In fairness to all, we will continue to process applications in the order in which they are fully completed.

  • If you have successfully completed your application and uploaded all of your required documents, we will begin processing your application.
  • If you still have not uploaded all the required documentation, please do so immediately so your application can begin to be processed.

While additional funding for the PPP is available, demand for funding remains high and depending upon the status of your application, we may not be able to process your application before the second round of funding is exhausted. We are not accepting new applications. It is generally anticipated that the new funding allocation will be exhausted in a matter of days.

If you have questions, please contact your relationship manager or call the First Midwest/Park Bank dedicated SBA PPP Call Center at 855.206.1944 between 8 am and 5 pm CST, Monday – Friday.


*Park Bank is a relationship-focused financial institution based in Milwaukee, Wisconsin and a wholly owned subsidiary of First Midwest Bancorp, Inc. (NASDAQ: FMBI). First Midwest is one of the largest independent publicly traded bank holding companies based on assets headquartered in Chicago and the Midwest, with approximately $19 billion of assets and an additional $12 billion of assets under management. Park Bank, First Midwest Bank and First Midwest’s other affiliates provide a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services. Park Bank operates locations across the Milwaukee area and First Midwest maintains locations throughout metropolitan Chicago, southeast Wisconsin and across the Midwest. Visit Park Bank at www.parkbankonline.com and First Midwest at www.firstmidwest.com.


April 16, 2020 Update: 

SBA announces they are no longer accepting PPP applications

The $349 billion in small business loans that were initially allocated to the Paycheck Protection Program (PPP) has been exhausted. We believe, as many do, that the federal government will expeditiously approve additional PPP funding, but at this time we have no details to share.

  • If you have already applied, but not yet received confirmation from the SBA that your loan allocation is locked, we will continue to process your application so we can submit it quickly and efficiently assuming the funding window opens again. Park Bank and First Midwest Bank* will update you on the status of your application as soon as we learn more about the final decision from the federal government. In the meantime, if you have questions, please contact your relationship banker or call the First Midwest Bank* dedicated SBA PPP Call Center at 855.206.1944 between 8 am and 5 pm CST, Monday – Friday.
  • If you have applied and received an SBA authorization number, you will receive an SBA guaranty of funds.

Check back for updates; we will continue to update our website with the latest information.


*Park Bank is a relationship-focused financial institution based in Milwaukee, Wisconsin and a wholly owned subsidiary of First Midwest Bancorp, Inc. (NASDAQ: FMBI). First Midwest is one of the largest independent publicly traded bank holding companies based on assets headquartered in Chicago and the Midwest, with approximately $19 billion of assets and an additional $12 billion of assets under management. Park Bank, First Midwest Bank and First Midwest’s other affiliates provide a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services. Park Bank operates locations across the Milwaukee area and First Midwest maintains locations throughout metropolitan Chicago, southeast Wisconsin and across the Midwest. Visit Park Bank at www.parkbankonline.com and First Midwest at www.firstmidwest.com.


April 8, 2020 Update: 

Now Accepting Applications for SBA PPP

Park Bank is pleased to announce that we are processing SBA’s Paycheck Protection Program (PPP) loan applications. Park Bank customers with a current business loan or business deposit relationship can start the SBA PPP application process by completing the registration form. Once we receive your registration form, we will contact you via email with information and next steps on how to apply. One application per company is allowed. Only online applications through our PPP online portal will be accepted.


April 3, 2020 Update: 

Update on Paycheck Protection Program (PPP)

Park Bank is committed to helping our customers. Similar to other financial institutions, we are currently reviewing the final guidelines that were published late on Thursday evening, April 2nd from the SBA and U.S. Treasury. We understand there is an urgency to get started with your application. We will update our website when we are able to begin the online application process.

In the meantime, we encourage our customers to start collecting the relevant supporting materials that can be found on the Treasury Department CARES website. If you are not a Park Bank customer, the most efficient path to apply for the PPP is through your financial institution.


April 2, 2020 Update: 

CARES Act and Paycheck Protection Program (PPP)

Park Bank is proud to support the implementation of the SBA’s Paycheck Protection Program (PPP), part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act for our business customers who have a current borrowing or deposit relationship with us. This PPP authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. 

We are awaiting final SBA guidelines before we can accept applications. We will notify customers via email when we are ready to accept applications, which must be processed directly through our website only. If you have not subscribed to our email list, send us your information here

To help your business prepare for the process, learn more about the resources and information regarding eligibility and documentation requirements here.


March 30, 2020 Update: 

Important Update to Branch Drive Thru-Hours & Accessibility

Given the increased importance of social distancing and the recent safer-at-home orders issued due to the COVID-19 outbreak, we have made the decision to adjust our branch drive-thru hours starting Wednesday, April 1, 2020.

Our new Drive-Thru hours will be:

  • Monday - Friday 9:30 a.m. - 4:00 p.m.
  • Saturday 9:00 a.m. - noon

Need to meet with a banker in person? Schedule an Appointment

If you need to open an account, take care of a notary or signature guarantee, gain access to your safe deposit box or other service in our lobby, we offer the ability to schedule an appointment.

Our ReadyServe Customer Service team continues to be available at 414.466.8000:

  • Monday – Friday 8:30 a.m. – 5:00 p.m.
  • Saturday 9:00 a.m. – noon

Stay updated on all COVID-19 news and how it is affecting our banking services by subscribing to our email alerts. Complete information and resources concerning COVID-19 will be continue to be updated on this page.


March 24, 2020 Update: 

Meeting your financial needs in these uncertain times

COVID-19 is not only impacting the health and safety of Americans, it is causing a significant level of economic disruption that may have short- and long-term financial implications on both individuals and businesses. This makes our mission of helping our customers achieve financial success more important than ever.

Many of you may need financial services support in ways you may have not needed in the past. As a result, we are offering several programs and products designed to alleviate some of the financial stress and burden you may be facing today and in the coming months.

For our Personal Customers

  • Consumer/Mortgage Payment Deferrals – If you find yourself facing financial difficulties due to sickness or workplace closures as a result of COVID-19, we are offering multiple payment deferral programs for homeowners and consumers, with no credit bureau impact. Contact your banker for assistance.
  • Fee Assistance – Through June 30, 2020, we are suspending: 
    • Late fees for consumer loan payments
    • Certificate of deposit early withdrawal fees for emergency needs
    • Stop payment fees
  • Foreclosure and Repossessions – Through June 30, 2020, we will not initiate: 
    • New foreclosure actions specific to residential properties unless required by federal or government agencies
    • New repossession associated with consumer installment loans

For our Smaller Business Customers

  • Small Business Payment Deferral – If you are experiencing hardship in your business due to COVID-19, you can leverage our payment deferral programs for up to 90 days with no credit bureau impact. To learn more about this program and other loan and deposit fee accommodations, contact your relationship manager.

For Commercial Customers

  • We realize our commercial customers may have a wide range of financial needs based on individual circumstances. Please contact your relationship manager to discuss how we can help.

Accessing Bank Services for all Customers

We understand the way our customers interact with us has changed as a result of COVID-19. We continue to offer multiple ways to access and receive the services you need:

Please know that you are in great hands. Your money is secure and the entire Park Bank team is committed to being responsive to your needs. While COVID-19 may be keeping us apart, we are all in this together, and we stand ready to help.


Stay updated on all COVID-19 news and how it is affecting our banking services by subscribing to our email alerts. Complete information and resources concerning COVID-19 will be continue to be updated on this page.


March 17, 2020 Update

In recent days, the coronavirus outbreak has evolved into a rapidly changing environment resulting in closures of schools and public venues. Companies, including Park Bank, are implementing remote employee work plans and virtual meeting options. We recognize the disruption and hardship this has on many of our customers and employees.

In order to continue delivering our banking services and manage our operations while protecting the health of our employees and customers, we are making the following changes to our branch services.

Effective Thursday, March 19, we will temporarily close all of our lobbies until further notice. All drive-thru locations will remain open.

Additional banking resources and information:

  • All drive thru locations are open. Hours are:
    • Monday - Friday from 8:00 a.m. - 6:00 p.m.
    • Saturdays from 9:00 a.m. - noon
  • 24/7 account access is available through online banking, our mobile app and our automated telephone banking line at 800.359.5508. If you do not currently use online or mobile banking, take a few minutes to enroll
  • To access your Safe Deposit Box, call 414.466.8000 to make an appointment.
  • We are servicing all Night Deposit Drops at all locations.
  • Your relationship manager is available by phone during regular banking hours to assist you with your banking needs. Find individual contact information
  • ATM locations - find a no-fee ATM

We will continue to monitor the situation daily and follow guidance from the CDC, the World Health Organization and local health officials. The health and safety of our customers, employees and community remain our top priority. Thank you for your understanding during these unprecedented times and actions.


Stay updated on all COVID-19 news and how it is affecting our banking services by subscribing to our email alerts. Complete information and resources concerning COVID-19 will be continue to be updated on this page.


March 13, 2020 Update

As the coronavirus (COVID-19) begins to have an increased impact on our communities, we understand that some of our clients may be negatively affected by this global outbreak. At Park Bank, the health and safety of our customers, employees and communities are our top priority. While this is a rapidly evolving situation, please be assured we are taking the necessary steps to avoid potential service disruptions. We have contingency plans in place if we need to alter our normal business operations in any way. This situation is evolving daily so we encourage you to stay up to date on Park Bank activities by signing up for our email alerts.

Banking Services

While all our branches remain open, we encourage you to utilize the available Park Bank tools and resources for self-service banking and 24/7 account access through our mobile, online and automated telephone banking services. Through these channels, you can check balances, transfer funds, deposit checks or pay bills. If you are not enrolled in Online or Mobile Banking, it only takes a few minutes. Enroll here or contact Park Bank’s Customer Service Center at 414.466.8000.

Financial Support

We understand that some of our clients may experience financial hardships due to the current situation, and we are prepared to discuss how we might be able to help with your account(s). Please contact your Relationship Manager.

Fraud Prevention

We would like to take this opportunity to remind you of the growing number of fraud-related schemes associated with coronavirus. Please be vigilant and verify the legitimacy of any organization or individual who is asking you to provide them with sensitive data, personally identifiable information and/or money. Beware that criminals use email, websites, phone calls, text messages and even fax messages for their scams. If we reach out to you, we will never ask for confidential information such as your name, password, personal identification number (PIN) or other account information. You can read more about how to protect yourself by visiting the Federal Trade Commission’s website.

Preventative Measures

Park Bank has taken several precautionary steps to protect the health and wellbeing of our customers, our employees and our communities, as well as to continue to provide the high-quality service you have come to expect from us. We have an existing, tested business continuity plan and framework so our operations can continue to run effectively. We also have established restrictions for our own employees on business travel and events and are revising guidelines for remote work options and virtual meetings. We are communicating often with our employees to keep them informed of the latest developments. As always, our plans and actions will be rooted in our mission and values as we strive to do the right thing for our employees, customers and communities.

Thank you for your business and your continued loyalty—your confidence and trust are important to us. We look forward to continuing to serve you.


Stay updated on all COVID-19 news and how it is affecting our banking services by subscribing to our email alerts. Complete information and resources concerning COVID-19 will be continue to be updated on this page.