Shareholders approve merger of First Busey and CrossFirst, creating a $20B bank across 10 states.

Shareholders of First Busey Corporation and CrossFirst Bankshares, Inc. have approved their merger, with First Busey acquiring CrossFirst. Post-merger, the combined entity will have about $20 billion in assets and serve clients from 77 locations across 10 states. The merger aims to enhance performance metrics and increase profitability, pending regulatory approvals expected to be completed by mid-2025.

3 months ago
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