---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-004310"
form_type: "8-K"
ticker: "BUSE"
cik: "0000314489"
company_name: "FIRST BUSEY CORP /NV/"
filed_at: "2025-01-17T23:59:59+00:00"
generated_at: "2026-05-27T23:32:24.954308+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Busey receives Federal Reserve approval for CrossFirst merger; closing targeted March 1, 2025

## Summary
- Federal Reserve approved Busey's acquisition of CrossFirst; shareholders approved Dec. 20, 2024.
- Closing targeted for March 1, 2025, pending Illinois Department of Financial and Professional Regulation approval.
- Combined entity pro forma: ~$20B assets, $17B deposits, $15B loans, $14B wealth under care.
- CrossFirst Bank to operate as separate Busey subsidiary until bank merger expected in late June 2025.
- Merger adds high-growth metro markets: Kansas City, Dallas/Fort Worth, Denver, Phoenix, and Wichita.

## SEC filing metadata
- accession: 0001104659-25-004310
- form_type: 8-K
- ticker: BUSE
- cik: 0000314489
- company_name: FIRST BUSEY CORP /NV/
- filed_at: 2025-01-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314489/000110465925004310/0001104659-25-004310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314489/000110465925004310/tm253614d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-004310
- JSON: https://secwatch.observer/filing/0001104659-25-004310.json
- Plain text: https://secwatch.observer/filing/0001104659-25-004310.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.