Busey Bank
Busey Bank is a mid-sized bank headquartered in Champaign, IL. The bank operates 51 branches in 3 states (Florida, Illinois and Indiana). Busey Bank has deposits of $3.0 billion, and was established in July 1946.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: Busey Online CD, Busey Savings, Personal MMA, Active Interest Checking and Pillar Checking.
Current Busey Bank Rates
| Name | Term | APY | Min Deposit | |
| Busey Online CD | 6 months | 0.20 % | $1,000 | |
| 1 year | 0.30 % | $1,000 | ||
| 18 months | 0.40 % | $1,000 | ||
| 2 years | 0.50 % | $1,000 |
About Busey Bank
On January 13, 1868, three men opened the Busey Brothers and Company Bank. One of the three was Dr. W. R. Earhart; the other two were brothers, Simeon Busey and the Bank's first president, Colonel Samuel T. Busey. The Bank was Samuel Busey's brainchild and it is his name that is remembered when the origins of Busey Bank are mentioned.
In September of 2006 First Busey Corporation and Main Street Trust, Inc. announced a merger of equals transaction to combine the operations of the two community banks. The merger of the holding companies was completed on July 31, 2007. The New Busey opened for business on November 13, 2007.
Main Street Bank & Trust traces its roots back to the time of the Civil War, when a law firm in Champaign County evolved into the first of our community banks in 1860. The banking presence emerged in Decatur in 1873 with capital stock of $100,000.
Today, First Busey Corporation is a financial holding company headquartered in Urbana, Illinois, providing a full range of financial services to more than 75,000 households. First Busey Corporation has more than 3,000 shareholders including its associates, executive and directors who own approximately 25% of the outstanding shares. Van A. Dukeman currently serves as President & CEO of First Busey Corporation. Under this leadership, approximately 900 Busey associates, with an average tenure of eight years, remain committed to fulfilling The Busey Promise to our 4 Busey Pillars - today and in the future.