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For Immediate Release
August 1, 2019
ABA Media Contact: Jeff Sigmund
(202) 663-5439
Email: jsigmund@aba.com
Follow us on Twitter: @ABABankers

Illinois Banker Appointed Chairman of ABA’s American Bankers Council

 

​WASHINGTON — The American Bankers Association has appointed Michael L. Scudder as chairman of ABA’s American Bankers Council for the 2019-2020 membership year. Scudder is the chairman and chief executive officer of First Midwest Bancorp, Inc., one of the largest independent Illinois-based banks, where he has spent 33 years in several leadership roles. He began his professional career at KPMG before joining First Midwest Bank in 1986.
 
“Mike’s depth of industry knowledge and experience will be an important asset to ABA’s American Bankers Council,” said Rob Nichols, ABA president and CEO.  “We’re excited for him to assume this leadership role on behalf of banks that are so important to both our industry and the broader economy.”
 
In addition to leading First Midwest Bancorp, Inc., Scudder is also chairman of the First Midwest Charitable Foundation, which has provided more than $2 million in contributions to charitable organizations since its inception. He serves on the boards of various civic organizations, including DePaul University, Silver Cross Hospital, and the Metropolitan Planning Council.
 
The American Bankers Council (ABC) is ABA’s banker-driven peer group for midsize bank chief executives. The Council provides feedback and direction to ABA on key regulatory and legislative issues critical to midsize banks. In addition, members of the Council participate in regular meetings with their peers to exchange information and share best practices on issues affecting their banks.
 
Scudder holds a Master of Business Administration from DePaul University and a bachelor’s degree in accounting from Illinois Wesleyan University.
 
The American Bankers Association is the voice of the nation’s $18 trillion banking industry, which is composed of small, regional and large banks. Together, America’s banks employ more than 2 million men and women, safeguard nearly $14 trillion in deposits and extend more than $10 trillion in loans.
 
 
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