Federal Reserve Board announces approval of application by First Busey Corporation

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Federal Reserve Board announces approval of application by First Busey Corporation

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The following press release was published by the Board of Governors of the Federal Reserve System on Jan. 11, 2019. It is reproduced in full below.

The Federal Reserve Board on Friday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by First Busey Corporation, Champaign, Illinois, to acquire The Banc Ed Corp., and thereby indirectly acquire Ed Corp's subsidiary bank, The Bank of Edwardsville, both of Edwardsville, Illinois.

Attached is the Board's order relating to this action.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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