First Busey
3.6 of 5 15 reviews
www.busey.com Urbana, IL 500 to 999 Employees

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3.6 15 reviews

                             

86% Approve of the CEO

First Busey President and CEO Van A. Dukeman

Van A. Dukeman

(7 ratings)

64% of employees recommend this company to a friend
3 Employee Reviews Back to all reviews
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    • Culture & Values
           
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    Decent company...but a long road ahead

    Anonymous Employee (Former Employee)

    Prosgreat coworkers, community involvement, work/life balance

    Conslow pay, micromanagement of employees, layoffs

    Advice to Senior Managementpick a direction for the company and stick with it

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Growing too quickly for morale to keep up

    Teller (Former Employee)
    Champaign, IL

    ProsBecause it is a fairly large bank, compared to most community banks, Busey can afford to compensate its employees better than many small banks. There are also very good benefits, from relatively inexpensive health and dental insurance, to an amazing 401K with 5% match, profit sharing, and stock sharing. Busey also has friendly, helpful senior leadership that make themselves available to all employees, from the managers to the tellers. They hire internally first, so if you want to move up in the company, you only have to be at your current job 6 months to be eligible for another job, and you'll often get it before someone not with the company.

    ConsOne of the downsides to hiring internally is that people who are less qualified are often given jobs over non-Busey outsiders. This results in a lot of training, and times where people that are above you, and thus supposed to be guiding you, have no clue what they are doing. Busey also merged recently with Main Street Bank, and the company morale took a nosedive. Many people got fired to put someone with less or equivilent experience in their job, because the company could pay those people less money. Many, many people, including some who have been with the company for 40+ years were either forced into "retirement" or quit to go find jobs where they were treated better. As some people leave, new people are not hired, forcing current employees to take over their tasks with no increase in pay. Policies change daily, without much notice to employees, until they get in trouble for not doing their job correctly. Managers can be inflexible, including telling students to work their schedules around when they're needed to work at the bank. Busey has also, though paying fairly well, failed to keep up with the rising minimum wage in Illinois, so entry level personnel are compensated less than they should be.

    Advice to Senior ManagementRaise salaries to go with the rise in minimum wage, recognize that part time employees are students first and employees second, and communicate more with everyone.

    No, I would not recommend this company to a friend

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    Busey has it's quirks but so do most places.

    Teller (Former Employee)

    ProsFirst Busey is a good company. They might have been a little too overreaching with their loan portfolio but it is a solid company. Busey offers a lot of training and making sure that you understand your job as well as others in the bank.

    ConsThe major downside to Busey is it is a community bank that thinks it can alienate other markets because it is based in Champaign, IL. There are other branches and markets that seem to putter along with no real growth and so if you aren't in Champaign, you might as well not exist.

    Advice to Senior Managementna

    Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at First Busey reviews and ratings — including employee satisfaction and approval rating for First Busey CEO Van A. Dukeman. All reviews posted anonymously by First Busey employees.