BBusey Bank provides traditional community banking services for individuals and local businesses, including deposits, loans, and digital banking. Customers access services through branches, ATMs, and online platforms, with deposits funding loans and other financial activities. The bank differentiates itself through deep community roots and strategic growth, including the 2025 acquisition of CrossFirst Bankshares to expand its geographic reach while preserving local decision-making. Its goal is to support communities by offering reliable financial services and prudent risk management as it grows its footprint.
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Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Champaign, IL
Founded
1868
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ECM spotlight: Angie Boehner of Busey Bank. November 4, 2026 Busey Bank's United Way workplace giving campaign brought employees together to learn and give back to the Kansas City community. This year, the campaign coincided with the company's annual gathering of bankers from across the country at its corporate offices in Leawood, Kan. A large, lighted marquee displaying "Business of Winning" welcomed attendees, setting the stage for an event that paired learning with community involvement. A local connection to workplace giving. "People are thrilled to get involved and give back," said Angie Boehner, client and community relations manager with Busey Bank and the company's Employee Campaign Manager (ECM) for its United Way campaign. "The fact that they can actually see what they give stay local is huge." Boehner is not just new to the company, but also to being an ECM. "I actually came from a sales background and did a career pivot," she shared. "I really wanted to give back to the Kansas City community and was really excited that Busey Bank partners with United Way." She's learned a lot over the past year and has come to develop a real admiration for the depth of United Way's work and reach in the greater Kansas City community. "To me, this is why I did my career shift is to be giving back to the community and to stay local," she shared. "So I'm feel very privileged and proud to do that." Workplace giving activities and community learning. Busey Bank employees have had several ways to participate in the United Way workplace giving campaign, including online pledges, a pumpkin carving contest, jeans days, gratitude grams and trivia contests. Alongside these activities, the company hosted a day of learning featuring multiple sessions of United Way's poverty simulation, Real Life Real Choices. For teams accustomed to working with finances, the simulation offered a closer look at the difficult choices neighbors face each month as they try to make ends meet. "The big piece that people are really talking about is the ALICE data (Asset Limited Income Constrained Employed)," Boehner said. "That's been very impactful for our bankers because you hear about the poverty line, but to actually learn that 1 in 3 Kansas Citians are in the ALICE category is really big. And it can be a coworker or a neighbor. And for everyone to really grasp that has been huge." Building a team for a workplace giving campaign. While she's still learning the ropes of leading a company giving campaign, she's confident Busey Bank will exceed its goal of 50% employee participation and recommends other ECMs find strong teammates in their organization to create a successful campaign. "Surround yourself with really great people," she said. "I have a wonderful team that's nationwide, and we bounce ideas off of each other. And I've also engaged with the local United Way to get ideas as well, which has been really great."
First Busey Corporation (Nasdaq: BUSE) reported third quarter 2026 net income of $55.8 million, or $0.61 per diluted share, down from $63.2 million in the second quarter and $57.1 million a year earlier. Adjusted net income was $57.2 million, or $0.63 per share. A single commercial relationship in the Central region was partly charged off and moved to non-accrual. Provision expense rose to $9.6 million from $2.2 million in the prior quarter. Operating revenue held steady at $194.3 million, and wealth management revenue rose 15.5% from the prior year. Deposits grew at an annualised rate of 11% for the second straight quarter, while the loan-to-deposit ratio improved to 82.5% from 87.2%. The bank repurchased $59.6 million of shares in the quarter, bringing the year-to-date total to $188.4 million.
Movers & shakers: Brian Babcock, Carly Lovenguth & Erin Haldeman. August 27, 2026 Bob Coleman Founder & Publisher Brian Babcock Joins Ameris Bank as VP of Government Guaranteed Lending Brian Babcock has joined Ameris Bank as Vice President, Government Guaranteed Lending Business Development Officer after more than 11 years with Live Oak Bank. In his new role, Babcock will focus on SBA 7(a) and 504 lending nationwide. Babcock brings more than a decade of experience financing SBA 7(a) and 504 projects. He works with business owners on financing for acquisitions, commercial real estate, expansions, construction and other growth opportunities. At Ameris, he will continue working with automotive and car wash relationships he has developed throughout his career while expanding his lending across a broader range of industries. Babcock joined Live Oak Bank in 2015 as a Business Analyst before becoming a Credit Underwriter in 2017. He moved into a Loan Officer role in 2019 and became Vice President, Senior Loan Officer in January 2025. His work at Live Oak included financing for independent and franchise auto repair shops, collision centers and car washes using SBA 7(a), Express, 504 and conventional lending products. Carly Lovenguth Promoted to Director of SBA Operations at Busey Carly Lovenguth has been promoted to Director of SBA Operations at Busey, marking a new chapter in her more than two-decade career with the bank. Lovenguth currently serves as Senior Vice President and has held a number of SBA, commercial lending, compliance and operations roles during her 23 years with Busey. Lovenguth joined Busey as a bank teller in 2003 before moving into data entry, post-closing and compliance roles. She later served as Vice President - Commercial Documentation Manager and Vice President - SBA Portfolio Manager before taking on responsibility for SBA administration, documentation and closing. Announcing the promotion, Lovenguth expressed gratitude for the trust placed in her and said she looks forward to continuing to grow, lead and make a positive impact in her new role. Erin Haldeman Named SBA Business Development Associate at Fulton Bank Erin Haldeman has started a new position as SBA Business Development Associate at Fulton Bank, continuing her career with the bank after spending the past year in its Management Trainee program. Haldeman joined Fulton Bank as a Management Trainee in June 2025. Before joining the bank, she worked as a Customer Service Sales Assistant with University of Pittsburgh Athletics and completed a New Business Development internship with Clark National Accounts. Haldeman earned a Bachelor of Business Administration in Finance and Marketing from the University of Pittsburgh in 2024. Announcing her new role, she expressed gratitude to those who contributed to her development during the Management Trainee program and said she is excited to continue her career at Fulton Bank.
First Busey has attracted investor attention after unusual options activity showed high implied volatility on a September 2026 call option. This surge suggests expectations for significant share price movement, possibly linked to a company event or complex trading strategies. The stock has performed strongly, rising 10.57% over 90 days and 26.07% year to date. Three-year total shareholder return stands at 69.56%. The stock closed at $30.13, whilst analyst targets sit near $33.29. First Busey trades at a P/E ratio of 11.7x, slightly above its estimated fair P/E of 11.1x but below peers at 13.9x and the US Banks industry average of 11.8x. Net profit margins improved to 27.1% from 13.9% last year.
Busey Bank names Mike Daley chief strategy officer, former CrossFirst exec. By Will Crow Posted June 25, 2026 First Busey Corporation announced that Mike Daley has been named chief strategy officer. Prior to this promotion, Daley previously served as Busey's director of finance & business line strategy since its integration of CrossFirst Bank last year. While at CrossFirst Bank, Daley served as the chief accounting officer for 2.6 years. "He was instrumental through our integration of CrossFirst Bank into Busey, and has done a terrific job helping align our teams and businesses," Amy Randolph, chief operating officer at Busey Bank, said in the release. "Expanding his role to lead the development and execution of the bank's long-term strategic plan across all business segments, in collaboration with the executive leadership team, is a natural progression." Daley succeeds Mark Trembacki, who retired in September. As CSO, Daley will oversee enterprise project management and enterprise sales and business development offices, as well as the corporate insights and pricing & profitability teams. Daley brings with him more than 20 years worth of experience in financial services, including his time with Busey and CrossFirst. He held several leadership positions at Waddell & Reed, such as senior vice president and chief accounting officer. Before that, he held another chief accounting officer position at National Bank Holdings Corporation. First Busey Corporation is the holding company of Champaign, Illinois-based Busey Bank. In March 2025, the handling company officially relocated its headquarters to Lenexa, KS, occupying the former CrossFirst Bank headquarters. The First Busey Corporation and CrossFirst Bankshares, Inc. merger was valued at $917 million. As of March 31, 2026, First Busey Corporation has a total of $18.04 billion in assets, according to its LinkedIn page. Busey Bank operates with 80 banking centers across Illinois, Texas, Missouri, Kansas, Florida, Oklahoma, Colorado, Indiana and New Mexico.
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Industries
Company Size
501-1,000
Company Stage
IPO
Headquarters
Champaign, IL
Founded
1868
Find jobs on Simplify and start your career today
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