First Busey Bank

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First Busey Bank is a financial services company based in Champaign, Illinois. The company was founded in 1868 and has expanded to operate over 60 banking centers in Illinois, Indiana, and Florida. First Busey offers a wide range of services to both individual and business customers, including personal and business banking, wealth management, insurance, and mortgage services.
The company prides itself on its community involvement and has a long history of supporting local organizations, charities, and events. First Busey also places a strong emphasis on providing exceptional customer service and building long-term relationships with its clients.
In addition to traditional banking services, First Busey offers online and mobile banking options for convenient access to accounts and transactions. The company also has a dedicated team of financial advisors who can assist with a variety of investment and wealth management needs.
Overall, First Busey Bank is a reliable and reputable financial services company with a strong focus on serving its local communities and providing personalized solutions for its customers.

1. Long history and strong reputation: First Busey Bank has been in operation since 1868 and has built a solid reputation for being a trusted and stable financial institution.
2. Customer-centric approach: The bank values building strong relationships with its customers and is committed to delivering personalized, high-quality service.
3. Diverse range of financial services: First Busey Bank offers a comprehensive range of financial services, including consumer and commercial banking, mortgages, wealth management, and insurance.
4. Community involvement: The bank is actively involved in supporting local communities through various initiatives and charitable contributions.
5. Technological innovation: First Busey Bank stays ahead of the curve by investing in technology and offering convenient digital banking solutions to its customers.
6. Strong financial performance: The bank has a track record of strong financial performance, with consistent profitability, stability, and growth.
7. Commitment to sustainability: First Busey Bank is committed to promoting sustainability and responsible business practices, including reducing its environmental footprint and supporting social responsibility programs.
8. Employee satisfaction: The company has been recognized as a great place to work and has a high employee satisfaction rate, which translates into better service for customers.
9. Strong leadership: First Busey Bank is led by an experienced and knowledgeable leadership team that is dedicated to the success of the company and its customers.
10. Award-winning: The bank has received numerous awards and recognition for its outstanding service and financial performance, including being named one of America’s Best Banks by Forbes and a Best Bank to Work For by American Banker.

First Busey Bank is a diversified financial holding company that provides a wide range of banking, investment, and wealth management services to individuals, businesses, and institutions. Its business model is focused on building strong relationships with its clients and delivering personalized financial solutions to meet their unique needs.
Some key components of the company’s business model include:
1. Banking Services: First Busey Bank offers a variety of deposit and lending products, including checking and savings accounts, loans, mortgages, and credit cards. These services are designed to help customers manage their money, access credit, and achieve their financial goals.
2. Investment Services: Through its subsidiary, Busey Wealth Management, the company offers investment management, trust, estate planning, and financial planning services. This allows First Busey Bank to help its clients build and protect their wealth for the future.
3. Business Banking: First Busey Bank provides customized financial solutions to businesses of all sizes. This includes commercial lending, cash management, payroll services, and business advisory services to help businesses grow and succeed.
4. Customer Relationships: The company places a strong emphasis on building and maintaining long-term relationships with its customers. This includes providing personalized service, understanding each customer’s unique financial goals, and offering tailored solutions to meet their needs.
5. Geographic Diversification: With a presence in multiple states, First Busey Bank’s business model is also focused on geographic diversification, which helps to mitigate risks and balance its portfolio.
6. Technology and Innovation: The company continuously invests in technology and innovation to enhance its products and services and provide a seamless and convenient banking experience for its customers.
Overall, First Busey Bank’s business model revolves around providing comprehensive financial solutions to its diverse customer base, building and maintaining strong relationships, and continuously investing in technology and innovation to stay competitive in the ever-evolving financial industry.

1. First Busey Bank was founded in 1868 in Busey, Illinois, by Samuel T. Busey and his brothers-in-law, Samuel and Benjamin Adams.
2. The bank originally operated under the name Busey Brothers and Company, and its first location was a small building in downtown Busey.
3. In the early years, the bank’s primary business was financing agricultural loans for local farmers.
4. In 1880, the bank’s name was changed to First National Bank of Busey, and it became a national bank.
5. In 1980, the bank underwent a name change once again and became First Busey Corporation, with First Busey Bank as its subsidiary.
6. In 1980, First Busey Corporation became a publicly traded company and is listed on the Nasdaq stock exchange under the symbol BUSE.
7. Today, First Busey Bank has over 60 locations in Illinois, Florida, and Missouri, and is one of the largest banks in Central Illinois.
8. In addition to traditional banking services, First Busey Bank also offers wealth management services through its subsidiary, Busey Wealth Management.
9. The bank has been recognized for its financial stability and soundness, receiving a 5-star rating from BauerFinancial for over 30 consecutive quarters.
10. First Busey Corporation has a strong commitment to giving back to the community. In 2018, the company donated over $1 million to various charitable organizations.
11. In 2015, First Busey Bank was named one of the top 10 banks in the nation for customer satisfaction by Forbes magazine.
12. The bank has a strong focus on technology and offers a variety of online and mobile banking services to its customers.
13. First Busey Bank has a strong history of growth through strategic mergers and acquisitions. For example, in 2011, the bank acquired Main Street Trust, expanding its presence in the St. Louis market.
14. In 2016, First Busey Corporation acquired Pulaski Financial Corp., a St. Louis-based bank with $1.5 billion in assets.
15. First Busey Bank has received numerous awards for its workplace culture, including being named a Best Place to Work in Illinois for 13 consecutive years.
16. The bank has a strong commitment to sustainability and was recognized by the U.S. Green Building Council for its energy-efficient headquarters building in Urbana, Illinois.
17. In 2018, First Busey Bank was honored with the Governor’s Sustainability Award for its commitment to reducing its environmental impact.
18. Today, First Busey Bank continues to grow and expand, with a focus on providing personalized service and innovative financial solutions to its customers.
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