First Busey Corp - Company Profile
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First Busey Corp (First Busey) is a financial holding company that operates primarily in the banking sector. The company engages in providing banking services, asset management, brokerage, and fiduciary services through its subsidiary, Busey Bank, and offers payment technology solutions via FirsTech. Its major products and services include checking and savings accounts, residential real estate, home equity lines of credit, consumer loans, cards, and online and mobile banking. First Busey's services cater to individual and corporate customers across various industries, including financial institutions, utilities, insurance, and telecommunications. The company operates through a network of banking centers and technology-based platforms. Its geographic presence spans Illinois, Missouri, Florida, and Indiana, targeting markets in these regions. First Busey is headquartered in Champaign, Illinois, the US.
First Busey Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Cash Management |
| Checking | Retirement Planning |
| Savings | Trust and Estate Advisory |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In March, the company announced the acquisition by merger of CrossFirst Bankshares. |
| 2024 | Acquisitions/Mergers/Takeovers | In April, the company completed the acquisition of Merchants and Manufacturers Bank Corporation, the holding company for Merchants and Manufacturers Bank |
| 2023 | Corporate Awards | In February, the bank was named among the America’s Best Banks by Forbes. |
Competitor Comparison
| Key Parameters | First Busey Corp | Byline Bancorp Inc | Midland States Bancorp, Inc. | Lakeland Financial Corp | Old Second Bancorp Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Leawood | Chicago | Effingham | Warsaw | Aurora |
| State/Province | Kansas | Illinois | Illinois | Indiana | Illinois |
| No. of Employees | 1,880 | 1,018 | 861 | 655 | 1,062 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Van A. Dukeman | Chief Executive Officer, Chairman | Executive Board | 2023 | 67 |
| Christopher Chan | Chief Financial Officer | Senior Management | 2025 | 40 |
| Monica L. Bowe | Chief Risk Officer; Executive Vice President | Senior Management | 2020 | 52 |
| Chip S. Jorstad | Chief Credit Officer, Executive Vice President | Senior Management | 2025 | 45 |
| Amy L. Randolph | Chief Operating Officer, Executive Vice President | Senior Management | 2023 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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