First Busey Corporation continues to operate as a financial holding company for Busey Bank, Busey Wealth Management and FirsTech, Inc. The company continues to offer various financial services through its three subsidiaries. Incorporated in June 1993, the company continues to hold its corporate office in Champaigne, Illinois. The company is a multi-billion venture that continues to generate more than $3.9 billion in annual revenue.
Busey Bank is the wholly-owned banking subsidiary of the company. As of March 2015, the bank has total estimated assets of $3.9 billion. This business arm is also based in Champaigne, Illinois. Through its 28 banking centers, Busey Bank continues to offer depository and loan services to the state of Illinois. They also have 7 banking offices in Florida and 1 in Indiana. The company continues to offer customary depository products like safety deposit services, savings deposits, money market deposits, time deposits, interest-bearing transaction deposits and non-interest bearing deposits. As of December 2014, total deposits of the bank are valued to be around $2.9 billion.
On top of their customary banking services, the company is engaged in payment processing through Firstech, Inc. Annually, the company is able to process more than 23 million transactions. This unit offers lockbox processing, online bill payment and walk-in payments. They continue to operate in 36 states and man their service centers with more than 3,000 agents. The Busey Wealth Management continues to offer the country with investment, fiduciary services and asset management. Reportedly, the company has about $5.3 billion of assets under management as of March 31, 2015.
As a financial venture, the company continues to offer their service with excellent service. Several accolades have been awarded to the company for their exemplary customer service. First Busey Corporation continues to publicly trade its common stocks on the NASDAQ, using the symbol BUSE. The company is listed as one of the components of the Wilshire 5000 Index.
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