Quantcast
breaking news

Main Street & Busey Merger

Updated: June 13, 2007
watch video
   CHAMPAIGN - Customers say they're okay with a planned merger between Main Street Bank and Trust and First Busey Bank. The Department of Justice okayed the merger of the two banks with one condition today. It ordered Main Street sell off five of its current locations.
  Officials say this will keep the banks from becoming a monopoly in the area. Main Street President and CEO Van Dukeman says customers at these locations will go with the sale and become customers of whatever bank buys the branches.
  The future is not certain for employees at locations being sold. Dukeman says it's most likely that the new bank will keep the same employees.
  As for the merger it cannot go through until the five branches have been sold. Dukeman says that should be done sometime next month.

Main Street Locations Being Sold:
1611 S. Prospect, Champaign
631 E. Green Street, Champaign
1819-A Philo Road, Urbana
410 N. Broadway, Urbana
Eastwood Shopping Center, Mahomet

Comments

Readers Feel...

hello
Related Content

The forecast for the next few hours....

URBANA -- Your spring cleaning could help the dogs and cats at the Champaign County Humane Society....

CENTRAL ILLINOIS-- There's a new drug hitting central Illinois, and experts at the Illinois Poison Center say it's more dangerous than other well known drugs on the market. ...

VIRGINIA-- A man is dead after a crash between a truck and a motorcycle....

Springfield -- Senate Bill now heading to Governor Pat Quinn's desk...

CHAMPAIGN -- It's a sign of the summer; corn dogs, rides and games but this fair is more than just fun....

CHAMPAIGN -- A Mahomet man faces decades behind bars for video-taping women in the bathroom. ...

DECATUR -- A parking garage described as an eyesore is finally being torn down....

CATLIN-- A train and semi collided Friday in Vermilion County....

NORMAL-- The father of a student fired shots in a high school was sentenced today....

 
More From WCIA News
Start
      Page 1 of 4600
 
Connect with ciLiving

 
 
 
©1998 - 2013 Illinoishomepage.net
Nexstar Broadcasting, Inc.
All Rights Reserved