The Federal Reserve Board approved First Busey Corporation’s proposal to merge with CrossFirst Bankshares Inc., resulting in the indirect acquisition of CrossFirst Bank. The Board also approved Busey Bank’s merger with CrossFirst Bank and the establishment and operation of branches at CrossFirst Bank’s existing locations.
Federal Reserve Board 2025-01-16
Federal Reserve Board approves First Busey merger with CrossFirst and related bank merger with branch operations
The Federal Reserve Board approved First Busey Corporation's merger with CrossFirst Bankshares Inc., including the indirect acquisition of CrossFirst Bank. Additionally, Busey Bank's merger with CrossFirst Bank and the establishment of branches at existing CrossFirst locations were authorized.