trending Market Intelligence /marketintelligence/en/news-insights/trending/RkrAUYWyiUQF2W4K0XYu5g2 content esgSubNav
In This List

First Busey, Banc Ed merger receives approval from Fed

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines

Blog

Making sanctions effective: Key themes for banks


First Busey, Banc Ed merger receives approval from Fed

The Federal Reserve Board approved the acquisition of Bank of Edwardsville by First Busey Corp., paving the way for the Bank of Edwardsville to be merged into Busey Bank.

Banc Ed Corp., the parent company of Bank of Edwardsville, will merge into First Busey as a result of the merger agreement.

The deal , valued at $304.9 million, was approved by the Illinois Department of Financial and Professional Regulation on Oct. 30, 2018, and is expected to close in the first quarter.