Cost basis: $12.09 (w/merger adj)
Current Portfolio Status: Hold
Dividend Reinvestment: N
Dividends paid quarterly in Jan, Apr, Jul, Oct
Shares held on account at Motif
First Busey Corporation operates as the bank holding company for Busey Bank that offers retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company provides customary types of demand and savings deposits; and commercial, agricultural, commercial real estate, residential real estate, and consumer loans, as well as home equity lines of credit. It also offers money transfer, safe deposit, IRA, Keogh and other fiduciary, ATM and technology-based networks, and online and mobile banking services. In addition, the company provides investment management, trust, and estate advisory services, as well as financial planning services for individuals; investment management, business succession planning, and employee retirement planning services for businesses; investment management, investment strategy consulting, and fiduciary services for foundations; and brokerage related services. Further, it offers pay processing solutions, including walk-in payment processing for payments delivered by customers to retail pay agents; online bill payment solutions for payments made by customers on a billing company’s Website; customer service payments for payments accepted over the telephone; direct debit services; electronic concentration of payments delivered by the automated clearing house network; money management software and credit card networks; and lockbox remittance processing of payments delivered by mail. The company has 28 locations in Illinois; 13 in Missouri, 7 in southwest Florida; and 1 in Indianapolis, Indiana, as well as residential mortgage loan production offices in the St. Louis, Kansas City, Chicago and Denver metropolitan areas; mid- and southwestern Missouri; eastern Kansas; Omaha, Nebraska; and Council Bluffs, Iowa. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.
Acquired Pulaski Bank (PULB) 3 May 2016: