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First Busey Corporation (BUSE)

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17.56+0.07 (+0.40%)
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First Busey Corporation

100 West University Avenue
Champaign, IL 61820
United States
217-365-4544
http://www.busey.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees1,480

Key Executives

NameTitlePayExercisedYear Born
Mr. Van A. DukemanChairman, Pres & CEO1.33MN/A1959
Mr. Jeffrey D. JonesExec. VP & CFO890.91kN/A1973
Mr. John J. PowersExec. VP & Gen. Counsel631.95kN/A1956
Ms. Amy L. RandolphChief of Staff & Exec. VP of Pillar Relations664.1kN/A1975
Mr. Robert F. Plecki Jr.Exec. VP and Chief Banking & Credit Officer588.58kN/A1960
Mr. Robin N. ElliottPres & CEO of Busey Bank864.02kN/A1977
Ms. Monica L. BoweExec. VP & Chief Risk OfficerN/AN/A1974
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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. The company operates in three segments: Banking, Remittance Processing, and Wealth Management. It offers customary types of demand and savings deposits; and commercial, agricultural, real estate construction, commercial and residential real estate, and consumer loans, as well as home equity lines of credit. The company also provides money transfer, safe deposit, IRA, and other fiduciary services through banking center, ATM and technology-based networks. In addition, it offers investment management, trust, estate advisory, and financial planning services, as well as business succession planning, and employee retirement planning services; investment strategy consulting and fiduciary services; and security brokerage services. Further, the company provides pay processing solutions, such as 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; mobile bill pay; 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. It has 61 banking centers in Illinois; 13 in Missouri; five in southwest Florida; and one in Indianapolis, Indiana. The company was founded in 1868 and is headquartered in Champaign, Illinois.

Corporate Governance

First Busey Corporation’s ISS Governance QualityScore as of October 6, 2020 is 2. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 2; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.