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Stock impact report

Busey and CrossFirst announce merger, succession plan [Yahoo! Finance]

First Busey Corporation (BUSE) 
Last first busey corporation earnings: 4/28 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.busey.com
Company Research Source: Yahoo! Finance
Busey Bank has announced a merger with CrossFirst Bank, which is headquartered in Leawood, Kan. and has locations in Kansas, Missouri, Oklahoma, Texas, Arizona, Colorado and New Mexico. The combined company will operate under the Busey name, with CrossFirst expected to merge into Busey in mid-2025. CrossFirst locations will then become service centers for Busey. Additionally, CrossFirst CEO, President and Director Mike Maddox will succeed Van Dukeman as CEO of Busey on either the one-year anniversary of the bank merger or the 18-month anniversary of the holding company merger, whichever comes first. Dukeman will remain the executive chairman of both Busey and Busey Bank following Maddox's promotion. "By leveraging CrossFirst's established presence in attractive markets with compelling growth potential, this partnership is expected to serve as a catalyst for additional commercial banking growth as well as expanded opportunities to grow our existing wealth management and paymen Show less Read more
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