CHAMPAIGN — Chip Jorstad, recently Director of Advancement for the Mechanical Engineering Department at the University of Illinois, has joined Busey’s Business Banking team.
Jorstad has more than nine years of business experience, six in banking, and brings an innovative approach to relationship banking.
Jorstad, originally from Morris, has been a member of the Champaign-Urbana community since 2007 and attended the University of Illinois, graduating with honors in 2002 with a Bachelor of Science in Finance.
Jorstad is working to complete his MBA in May of 2011 and is the Chapter Advisor for the Alpha Kappa Psi professional business fraternity.
First Busey Corporation is a $3.6 billion financial holding company headquartered in Champaign. Busey Bank, First Busey Corporation’s wholly-owned bank subsidiary, is headquartered in Champaign, Illinois and has thirty full-service and four teller service branches serving downstate Illinois, a commercial service branch in Indianapolis, Indiana, and seven full-service branches serving southwest Florida.
Busey Bank had total assets of $3.6 billion as of Dec. 31, 2010.
Busey Wealth Management is a wholly-owned subsidiary of First Busey Corporation.Through Busey Trust Company, Busey Wealth Management delivers trust, asset management, retail brokerage and insurance products and services. As of Dec. 31, 2010, Busey Wealth Management had approximately $3.5 billion in assets under care.
First Busey Corporation owns a retail payment processing subsidiary, FirsTech, Inc., which processes over 28 million transactions per year through online bill payments, lockbox processing and walk-in payments through its 3,100 agent locations in 38 states.
Busey provides electronic delivery of financial services through its website, www.busey.com.