Banking

Banking

On the jobs in Champaign County

No surprise who leads off the list of Champaign County's top employers — the University of Illinois could lose 7,000 workers and still rank No. 1, its spot for as long as the local Economic Development Corporation has been keeping track. But down the line, the top 25 list of 2017 bears little resemblance to the one published 20 years earlier, the furthest back the EDC's records go.

Family Checkbook: Getting your credit in order as important as ever

By KATHY SWEEDLER

Have you checked your credit report lately? If you're not planning to borrow money, perhaps you think it's not important.

Well, your credit report can affect your finances even when you're not borrowing money!

Busey banking on fitness

About a year ago, Busey converted part of the first floor of its downtown Champaign office to a gym, complete with treadmills, ellipticals, weights and motivational messages on the walls.

Busey Wealth Management Assistant Vice President Bryan Snodgrass uses it several times a week.

UI's credit rating likely to take another hit soon

SPRINGFIELD — The University of Illinois could see a drop in its Moody's credit ratings by the end of the month, tied to a likely downgrade in the state's rating, a top UI official says.

"We are in the crosshairs," Vice President Walter Knorr told UI trustees on Thursday.

Tax preparer admits stealing thousands from elderly client

URBANA — A rural Champaign man who admitted stealing thousands of dollars from an elderly woman for whom he prepared taxes could go to prison for as long as eight years.

Heading off what was likely to be a protracted bench trial, Mark Stites, 63, pleaded guilty Thursday to financial exploitation of an elderly person.

Two area banks recognized as among best performers

CHAMPAIGN — Two area banks were named best-performing community banks by S&P Global Market Intelligence.

In a ranking of about 540 eligible banks with $1 billion to $10 billion in assets, First Mid-Illinois Bank & Trust in Mattoon was ranked No. 55 and Busey Bank in Champaign was ranked No. 80.

John Roska: Bank accounts insured up to $250,000

Q: How much are my bank accounts insured for? I remember the limit was raised several years ago, but I thought was just temporary.

Busey vice chairman: County's financial forecast still strong

CHAMPAIGN — Despite the lack of a state budget, the local economy remains solid, and the University of Illinois continues to shape its future in its 150th year.

That's the word from Busey Bank Vice Chairman Ed Scharlau, who'll present his annual state-of-Champaign County financial report to a packed house this morning at the I Hotel and Conference Center.

First Busey named among best places to work in Illinois

CHAMPAIGN — For the second consecutive year, First Busey Corp. was named one of the best places to work in Illinois.

The Best Places to Work in Illinois partnership selects companies each year based 25 percent on their polices, practices and demographics and 75 percent on an employee survey.

Busey is one of 21 large employers with more than 500 U.S. employees to be recognized.

First Busey's revenue up 32% in first quarter

CHAMPAIGN — First Busey Corp. saw significant gains in the past quarter, bolstered by the purchase of Pulaski Bank in St. Louis.

Busey reported first quarter net income of $15.2 million, up 32 percent from last quarter and up 46 percent compared to the first quarter of 2016, when it reported net income of $10.4 million.