July 21, 2017 10:16 AM ET

Banks

Company Overview of Busey Bank

Company Overview

Busey Bank provides business—personal banking, mortgage, commercial, cash management, and wealth management services. It offers student banking, checking services, savings services, online banking, mobile banking, consumer loans, card services, newcomer programs, and health savings accounts; home equity loans; investment services for individuals, businesses, and foundations; and agricultural services. Busey Bank was formerly known as Champaign County Bank And Trust Co. and changed its name to Busey Bank in January 1987. The company was founded in 1946 and is based in Champaign, Illinois with branches in Ford, McLean, Macon, Livingston, Peoria, Urbana, St. Joseph, Tolono, Rantoul, Paxton, Gib...

100 West University Avenue

Champaign, IL 61820

United States

Founded in 1946

Phone:

217-365-4879

Fax:

217-359-5026

Key Executives for Busey Bank

Chief Executive Officer & President
Age: 51
Chairman of the Board
Age: 58
Chief Information Officer & EVP of First Busey Corp & President, CEO & Director of Firstech Inc
Age: 52
Chief Executive Officer of Busey Wealth Management and President of Busey Wealth Management
Age: 61
EVP, General Counsel, EVP of First Busey Corp and General Counsel of First Busey Corp
Age: 61
Compensation as of Fiscal Year 2017.

Busey Bank Key Developments

Busey Bank to Name Mark Joseph as Executive Vice-President and Commercial Market President, Peoria

First Busey Corporation, the holding company for Busey Bank, and Mid Illinois Bancorp Inc. jointly announced the signing of a definitive agreement pursuant to which Busey will acquire Mid Illinois through a merger transaction. Mark Joseph, Mid Illinois’s President and Chief Executive Officer, will continue to lead the greater Peoria market once the acquisition is completed, as Mr. Joseph will be named Busey Bank’s Executive Vice-President and Commercial Market President, Peoria.

Busey Bank to Appoint Roy C. Thygesen as Executive Vice-President and Market President, Northern Illinois

First Busey Corporation and First Community Financial Partners Inc. jointly announced the signing of a definitive agreement pursuant to which Busey will acquire First Community through a merger transaction. The acquisition provides Busey entrance into the demographically and economically attractive southwest suburban markets of the greater Chicagoland area. Once the acquisition is completed, Roy C. Thygesen will be named Busey Bank’s Executive Vice-President and Market President, Northern Illinois.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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