Description Midland Capital is the holding company for Midland Federal Savings and Loan Association, which serves southwest Chicago and its suburbs through about five branches. The savings and loan offers a variety of deposit products, including checking and savings accounts, money market accounts, CDs, and IRAs. Its loan portfolio is almost completely made up of residential mortgages. The company sells life, health, property/casualty, and business coverage through subsidiary Midland Insurance Services. Chairman and CEO Paul Zogas and his family own more than half of Midland Capital Holdings' stock.