Above / Located in Naperville Plaza, Busey is named Among America’s Best Banks, a first-ever recognition for Busey by Forbes.
Champaign, IL – Busey is honored to be named among America’s Best Banks for 2022, a first-ever recognition for Busey by Forbes. Ranked 52nd overall, First Busey was the top ranked bank headquartered in Illinois. Only three other Illinois-based banks were included on the list.
Forbes has worked with S&P Global Market Intelligence since 2008 on its America’s Best Banks’ ranking, factoring in financial data on the growth, quality and profitability of the 100 largest publicly traded banks and thrifts by assets. The metrics used to make the rankings are based on regulatory filings current through Sept. 30, 2021. While S&P provides the data, the rankings are done by Forbes.
The metrics considered to make this list include non-performing assets as a percentage of total assets; reserves as a percentage of non-performing assets; CET1 ratio, which compares a bank’s capital against its risk-weighted assets; risk-based capital ratio; return on average tangible common equity; return on average assets; net interest margin; operating revenue growth; and net charge-offs as a percentage of total loans.
“Busey is honored to be consistently recognized by national and local organizations for growth, profitability and an engaged culture of integrity,” said Scott Wehrli, Bank Director and Naperville resident. “We are grateful for these accolades from independent parties that showcase Busey’s commitment to communities like Naperville, while also bringing a sense of pride to the associates who are devoted to serving our customers.”
In addition to being among America’s Best Banks, Busey also is honored to be recognized in Illinois and Indiana as a Best Place to Work and in Florida among the Best Companies to Work For. In addition, Busey was recognized as a Best Banks to Work For in the U.S. by American Banker and Busey Wealth Management has been named among Pensions & Investment’s Best Places to Work in Money Management.
A full list of Busey’s recent awards can be found here.
Corporate Profile
As of December 31, 2021, First Busey Corporation (Nasdaq: BUSE) was a $12.86 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary of First Busey Corporation, had total assets of $12.83 billion as of December 31, 2021, and is headquartered in Champaign, Illinois. Busey Bank currently has 46 banking centers serving Illinois, eight banking centers serving Missouri, three banking centers serving southwest Florida, and one banking center in Indianapolis, Indiana.
In Naperville, Busey Bank is located at 24 W. Gartner Road in Naperville Plaza and at 401 S. Main Street in downtown Naperville.
Busey Bank owns a retail payment processing subsidiary, FirsTech, which processes approximately 30 million transactions for a total of $9.5 billion on an annual basis. FirsTech operates across the United States and Canada, providing payment solutions that include, but are not limited to, electronic payments, mobile payments, phone payments, remittance processing, in person payments, and merchant services. In addition, FirsTech continues to grow its new BaaS platform. More information about FirsTech can be found at firstechpayments.com.
Through the Company’s Wealth Management division, the Company provides asset management, investment, and fiduciary services to individuals, businesses, and foundations. As of December 31, 2021, assets under care were $12.73 billion.
First Busey has been named a Best Place to Work across the company footprint since 2016 by Best Companies Group. We are honored to be consistently recognized by national and local organizations for our engaged culture of integrity and commitment to community development.
For more information, visit busey.com.
News release provided by Kristen Bosch, Director of Corporate Communications at Busey. Last updated by PN Feb. 16, 2022.
PN Editor’s Note / A sampling of Busey community spirit is featured in a few stories linked here.
