BUSE Stock Discussion

First Busey Corporation Description

First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. Its deposit products include noninterest-bearing demand, interest-bearing demand, savings, money market, and time deposits. The company's loan products comprise commercial, agricultural, and real estate loans; individual, installment, first mortgage, and second mortgage loans; and commercial real estate, residential real estate, and consumer loans. It also offers money transfer, safe deposit, IRA, Keogh and other fiduciary, automated banking, and automated fund transfer 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. As of January 29, 2013, the company had 30 full service and 2 limited service banking centers serving Illinois; a full service banking center in Indianapolis, Indiana; and 7 full service banking centers serving southwest Florida. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Investment Management Banking Bank Deposit Products Mortgage Loan Real Estate Loans Commercial Banking Commercial Bank Loan Products Investment Strategy Residential Real Estate Payment Processing Payment Solutions Retail And Commercial Banking Financial Planning Services Automated Clearing House Retirement Planning Fiduciary Services Transfer Services Online Bill Pay Lock Box Online Bill Payment Retail And Commercial Banking Products Service Banking Center Service Banking Centers Money Management Automated Banking Clearing Estate Advisory Services Brokerage Related Services Champaign Credit Card Networks Fund Transfer Services Southwest Florida