buse industry financial services founded 1868 headquarters champaign illinois usa number of locations 39 ; and 74 atm s as of march 2015 area served florida charlotte lee sarasota counties indiana indianapolis illinois champaign ford mclean peoria tazewell counties key people van a. dukeman president & ceo services banking insurance investment finances mortgages wealth management number of employees approx . 1400 subsidiaries busey bank busey wealth management firstech inc. trevett capital partners slogan busey . your dream . our promise . website http www.busey.com first busey corporation nasdaq buse is a 5.5 billion financial holding company headquartered in champaign illinois . busey bank a wholly owned bank subsidiary is headquartered in champaign illinois and has twenty eight banking centers serving illinois a banking center in indianapolis indiana and six banking centers serving southwest florida . trevett capital partners a wealth management division of busey bank provides asset management investment and fiduciary services to high net worth clients in southwest florida . the wealth management professionals of trevett capital partners can be reached through trevettcapitalpartners.com . busey bank had total assets of 3.9 billion as of june 30 2016 . pulaski bank national association first busey corporation s other wholly owned bank subsidiary offers a full line of quality retail and commercial banking products through thirteen full service banking centers in the st. louis metropolitan area . the bank also offers mortgage loan products through loan production offices in the st. louis kansas city chicago and omaha council bluffs metropolitan areas and other locations across the midwest . pulaski bank had total assets of 1.6 billion as of june 30 2016 . in addition first busey corporation owns a retail payment processing subsidiary firstech inc. through busey bank which processes over 27 million transactions per year using online bill payment lockbox processing and walk in payments at its 3 000 agent locations in 36 states . more information about firstech inc. can be found at firstechpayments.com . busey wealth management is a wholly owned subsidiary of first busey corporation . through busey trust company busey wealth management provides asset management investment and fiduciary services to individuals businesses and foundations . as of june 30 2016 busey wealth management s assets under care were approximately 5.0 billion . for more information about busey visit busey.com and pulaskibank.com . contents 1 corporate history 1.1 acquisitions 2 corporate profile 2.1 stock 2.2 services 3 bailout 4 subsidiaries 5 external links 6 references corporate history edit on january 13 1868 three men opened the busey brothers and company bank . 1 one of the three was dr. w. r. earhart ; the other two were brothers simeon busey and the bank s first president colonel samuel t. busey . the bank was samuel busey s brainchild and it is his name that is remembered when the origins of busey bank are mentioned . samuel busey was one of champaign urbana illinois leading citizens . he is characterized in champaign county history as a soldier banker patriot and public spirited citizen . samuel busey served as mayor of urbana illinois president of the urbana board of education and congressman from the 15th district of illinois . the bank opened in 1868 under the name of busey brothers and company . earhart simeon and samuel busey invested 11 000 to open busey brothers and company . the bank s ledger shows the pioneer financiers took in 9 555.60 in deposits on their first day of business . earhart sold his interest in the bank to his partners the next year and it became the busey brothers bank . in 1877 matthew w. busey the colonel s nephew and a bookkeeper at the bank purchased earhart s share . samuel was president of the bank from its inception until 1888 when he sold his interest to matthew and matthew s brother george . matthew assumed the position of president after the sale . in 1904 the bank moved from its original location to main and race streets . the bank received its state charter in 1913 and became busey s state bank . when matthew busey died in 1932 his son paul succeeded him as president . a year later guy tawney a son in law of colonel busey was elected chairman of the bank s board of directors . in 1945 the bank received its federal charter and became busey first national bank . the 1970s would represent the first time in history a busey did not hold a controlling interest in the bank . in the spring of 1971 catherine jane klassen granddaughter of samuel t. busey and the last descendant directly involved with the bank s management sold her interest to a young man named douglas c. mills . doug mills was committed to maintaining the traditions of community involvement and financial integrity . through this commitment busey has maintained its reputation for strength and stability throughout its entire history . in september 2006 first busey corporation and main street trust inc. announced a merger of equals transaction to combine the operations of the two community banks . the merger of the holding companies was completed on july 31 2007 . the new busey opened for business on november 13 2007 . 1 main street bank & trust traces its roots back to the time of the civil war when a law firm in champaign county evolved into the trevett mattis banking company in 1861 . 2 the banking presence emerged in 1873 with capital stock of 100 000 . today first busey corporation is a financial holding company headquartered in champaign illinois providing a full range of financial services to more than 85 000 households . van a. dukeman currently serves as president & ceo of first busey corporation . under his leadership nearly 900 busey associates with an average tenure of nine years remain dedicated to ensuring the busey promise is fulfilled to each of their 4 busey pillars today and in the future . 3 acquisitions edit since 1992 first busey corp has bought several other financial services including empire capital corporation announced october 2 1992 ; completed february 28 1993 eagle bancgroup inc. parents of eagle bank of champaign county n.a. and first federal savings & loan association first federal based in bloomington illinois announced june 30 1999 ; completed october 29 1999 first capital bankshares inc. parents of first capital bank based in peoria illinois announced january 5 2004 ; completed june 1 2004 tarpon coast bancorp inc. parents of tarpon coast national bank and its subsidiary tarpon coast financial services based in port charlotte florida announced july 29 2005 ; completed february 17 2006 main street trust inc. parents of main street bank and trust based in decatur illinois completed july 31 2007 herget financial corp. the holding company for herget bank national association based in pekin illinois announced september 26 2014 ; completed march 16 2015 . 4 pulaski financial corp. the holding company for pulaski bank based in st. louis missouri . announced december 4 2015 ; completed april 29 2016 . corporate profile edit stock edit first busey corporation s common stock is traded on the nasdaq stock exchange under the symbol buse as of february 6 2007 . services edit busey bank offers a full range of banking services including commercial financial agricultural and real estate loans and retail banking services including accepting customary types of demand and savings deposits making individual consumer installment first mortgage and second mortgage loans offering money transfers safe deposit services ira keogh and other fiduciary services automated banking and automated fund transfers . 5 bailout edit in march 2009 the u.s. treasury gave busey 100 million in exchange for busey stock as part of the troubled asset relief program . busey paid 12.4 million in dividends on the stock . 6 in august 2011 busey returned 27.4 million to the treasury and moved the remaining 72.6 million from the tarp program to the treasury s small business lending fund which has fewer restrictions and may require smaller dividends . 7 this practice of exchanging tarp funds for sblf funds has been criticized by the tarp inspector general and members of congress as banks can use it to lift the restrictions imposed by tarp even while reducing their small business lending . 8 subsidiaries edit busey bank busey wealth management firstech inc. trevett capital partners external links edit busey bank busey wealth management busey bank mortgage center busey investor relations firstech inc. trevett capital partners references edit a b institution history for busey first national bank 599148 . national information center . federal reserve system . retrieved 27 september 2015 . institution history for 201 west main street office 251736 . national information center . federal reserve system . retrieved 27 september 2015 . http www.busey.com home buseypromise heritage http www.busey.com home buseypromise heritage http www.sec.gov archives edgar data 314489 000110465914018391 a14 1109 110k.htm item1 business 003436 https projects.propublica.org bailout entities 179 first busey corporation http www.news gazette.com news local 2011 08 26 busey trades tarp obligation small business lending fund loan.html http www.talkradionews.com congress 2013 04 24 federal audit rips backdoor bailout for banks.html retrieved from https en.wikipedia.org w index.php title busey bank & oldid 741277252 categories banks based in floridabanks based in illinoisbanks established in 1868champaign illinoiscompanies based in champaign county illinoiscompanies listed on nasdaq navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 26 september 2016 at 13 55 . text is available under the creative commons attribution sharealike license ; 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