First Busey Corporation Receives Federal Reserve Approval to Acquire CrossFirst Bankshares, Inc.
CrossFirst Bankshares, Inc. (CFB)
Last crossfirst bankshares, inc. earnings: 4/23 04:01 pm
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Source: GlobeNewswire
CHAMPAIGN, Ill. and LEAWOOD, Kan., Jan. 17, 2025 (GLOBE NEWSWIRE) -- First Busey Corporation (“Busey”) (NASDAQ: BUSE), the holding company for Busey Bank, today announced it has received the approval of the Federal Reserve to acquire by merger CrossFirst Bankshares, Inc. (“CrossFirst”), the holding company for CrossFirst Bank. Both companies received shareholder approval for the transaction on Dec. 20, 2024. “We are pleased to have received regulatory approval from the Federal Reserve,” said Van Dukeman, Busey Chairman and CEO. “This is another significant milestone in completing this transformational business combination. We are excited about expanding Busey’s regional operating model in high-growth metro markets like Kansas City, Wichita, Dallas/Fort Worth, Denver, Phoenix and more, and look forward to bringing these two strong companies together to deliver service excellence to customers and communities across our footprint.” Busey and CrossFirst intend to close the holding
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