Midland States Promotes Spring to Chief Accounting Officer



Midland States Bancorp promoted Donald Spring, corporate controller for the company and Midland States Bank, to chief accounting officer. The promotion was concurrent with the resignation of Chief Financial Officer Stephen A. Erickson, who has accepted a position with another financial institution based in Michigan.

Spring will lead the company’s finance department on an interim basis while Midland conducts an executive search for Erickson’s replacement.

Spring has more than 35 years of accounting experience and has served as Midland’s corporate controller since 2009.

“We appreciate Steve’s many years of service to Midland and wish him well in his future endeavors,” said Jeffrey G. Ludwig, Midland president and CEO. “Don Spring has been a key member of our finance department for a decade and has done an outstanding job of managing our accounting functions as Midland has grown in scale and complexity. We are very pleased to recognize his value to Midland with the promotion to chief accounting officer and we know that he is well suited to lead our finance department while we conduct our search for a permanent CFO.”

Midland States Bancorp is a community-based financial holding company headquartered in Effingham, IL, and is the sole shareholder of Midland States Bank. Midland provides a full range of commercial and consumer banking products and services, business equipment financing, merchant credit card services, trust and investment management, and insurance and financial planning services. In addition, multi-family and healthcare facility FHA financing is provided through Love Funding, Midland’s non-bank subsidiary.


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