Summary
First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers banking services to individual and corporate customers. The company also provides asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services. Further, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.
History
Founded as a holding company in 1984, First Busey Corporation has grown from a single bank to a multi-state financial holding company with a suite of subsidiaries, including Busey Bank, Busey Wealth Management, and BSG Financial Group, Inc. From its headquarters in Champaign, Illinois, the company provides banking services and financial solutions to customers in Illinois and Indiana, as well as the greater St. Louis metropolitan area.
Mission
To serve our customers by providing a comprehensive suite of high-quality financial services, while building strong relationships and sustaining long-term growth.
Vision
To be the premier community bank in the Midwestern United States, recognized as the first choice for customers, employees, shareholders and communities.
Key Team
Ms. Amy L. Randolph (Chief of Staff & Exec. VP of Pillar Relations)
Mr. Robin N. Elliott (Pres & CEO of Busey Bank)
Ted Rosinus (Exec. VP Investor Relations & Corp. Devel.)
Ms. Monica L. Bowe (Exec. VP & Chief Risk Officer)
Ms. Mary E. Lakey (Corp. Sec.)
Recognition and Awards
First Busey Corporation has been named to the Forbes “Best Banks in America” list since 2018, and has earned a Bauer Financial five-star rating—its highest—for continuous strength and security since 1991.
References