January 16, 2025

Federal Reserve Board announces approval of proposal by First Busey Corporation

For release at 4:00 p.m. EST

The Federal Reserve Board on Thursday announced its approval of the proposal by First Busey Corporation, of Champaign, Illinois, to merge with CrossFirst Bankshares Inc., and thereby indirectly acquire CrossFirst's subsidiary bank, CrossFirst Bank, both of Leawood, Kansas.

The Board also gave its approval for Busey Bank, of Champaign, Illinois, to merge with CrossFirst Bank and establish and operate branches at the CrossFirst Bank's locations.

For media inquiries, please email [email protected] or call (202) 452-2955.

Note: On January 17, 2025, the home state of Busey Bank was updated in the order to Illinois.

Last Update: January 17, 2025