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ATG Trust Company to be Acquired by Midland Trust Company
February 10, 2021 GMT
Attorneys’ Title Guaranty Fund, Inc. Logo
CHICAGO, Feb. 10, 2021 /PRNewswire/ Attorneys’ Title Guaranty Fund, Inc. (ATG®) announces it has signed a definitive agreement to sell the business of its subsidiary, ATG Trust Company, to Midland Trust Company (MTC), a subsidiary of Midland States Bancorp, Inc., of Effingham, Illinois.
“We predicated the decision to consider the sale of ATG Trust on finding a purchaser, trust company or bank, that would offer a collegial culture similar to ATG’s, retain as many of our team members as possible, and allow the trust company to sustain or improve upon the services offered to attorneys and their clients,” said Peter Birnbaum, ATG President and CEO. “We found exactly that in Midland, an organization of the highest integrity. Our colleagues, ....

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