MASHINIi

First Busey Corporation.

BUSE.US | Other monetary intermediation

First Busey Corporation is a financial holding company. It operates through its subsidiary, Busey Bank, which provides a range of banking services to individuals, businesses, and institutions. These services include deposit accounts, loans (commercial, real estate, consumer), wealth management, and ...Show More

Ethical Profile

Mixed.

Is First Busey Corporation ethical? The company receives a mixed ethical rating. Its Sustainalytics ESG Risk Rating is 30.8, indicating 'High' risk. While Busey Bank provided over $142 million in mortgage loans to low/moderate-income individuals in 2024 through programs like MyCommunity Home Loan, critics point to significant data gaps on pricing fairness. Reports suggest potential issues like bullying among employees, despite a CEO pay ratio better than the median. Positively, Busey financed healthcare expansion in a Medically Underserved Area and earned a 'Healthiest Employers Award.' The company has installed solar panels at 11 facilities and recycled over 700,000 pounds of waste, though detailed environmental data is limited. Its cybersecurity posture is reportedly below industry leading.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity-30
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-10
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

First Busey Corporation's core business as a financial holding company providing banking, wealth management, and fiduciary services has no direct positive or negative health impact. There is no evidence of revenue from products with negative health outcomes, nor are there direct safety implications or health risks requiring disclosure for its financial products. While Busey Bank provided financing for a healthcare facility in a Medically Underserved Area, this is an indirect contribution to health equity and vulnerable reach, and the rubric requires specific quantitative data points for these KPIs that are not provided (e.g., percentage of vulnerable populations reached or share of revenue for health equity programs).

1
The company's internal employee wellness program, B Well, encourages positive lifestyle changes, but this is an internal initiative and not a core product or service.
2

Fair Money & Economic Opportunity

-30

The company states its Community Reinvestment Act (CRA) commitment exceeds minimum legislative requirements.

1
It also provided over $142 million in mortgage loans to low/moderate income individuals in 2024.
2
The MyCOMMUNITY Home Loan Program, which began in 2014, has funded over $100 million in home loans and served 800 families, targeting applicants with income below 80% of the FFIEC Median Family Income or homes in low-to-moderate census tracts.
3
This program offers lower down payment requirements, no mortgage insurance premiums, flexible underwriting, and compatibility with Individual Tax Identification Numbers (I.T.I.N.) and down payment assistance programs.
4
The company conducted over 250 Financial Pathways Educational Experiences in 2024.
5

Fair Pay & Worker Respect

20

The company's CEO to median employee pay ratio for the 2024 fiscal year was 43:1, with the CEO's total compensation at $2,847,082 and the median employee's pay at $66,049.

1
The worker engagement score was 4.32 out of 5.0 in 2024, an increase from 4.31 in 2023.
2
This score is based on an annual associate engagement survey completed by 91% of associates.
3

Fair Trade & Ethical Sourcing

0

First Busey Corporation is a financial holding company providing banking services. As such, it does not procure or trade physical commodities, nor does it have a supplier base requiring welfare or sourcing audits in the context of fair trade. Therefore, KPIs related to fair-trade certifications, audit frequency, forced/child labor incidents, supply chain traceability, remediation speed for sourcing violations, ethical sourcing clauses in contracts, and high-risk materials spend are not applicable to its business model.

1

Honest & Fair Business

-10

First Busey Corporation has a confidential and independent whistleblower hotline (EthicsPoint.com) for anonymous submissions, and explicitly states it will not permit retaliation against good faith reports.

1
The company has a clawback policy that is triggered by financial restatements filed with the SEC,
2
and its public filings must be accurate and timely;
3
no recent restatements are mentioned, but the policy implies potential for them. The Audit Committee engages RSM US LLP as the independent registered public accounting firm,
4
overseeing the integrity of financial statements and compliance.
5
The company's Code of Ethics addresses compliance with laws, rules, and regulations, prohibits conflicts of interest, and corporate political contributions.
6
However, the policy lacks explicit details on international operations or high-risk market guidance. 85% of First Busey directors are independent,
7
and the Audit Committee oversees related-person transactions and requires members to meet independence and experience requirements.
8

Kind to Animals

0

First Busey Corporation is a financial holding company, and its core business model involves banking and wealth management services.

1
The provided articles focus on its financial performance, ESG risk rating, and general corporate social and environmental impact, including community engagement and associate well-being. There is no evidence in the articles to suggest that the company manufactures products, conducts animal testing, sources animal-derived ingredients, or engages in animal agriculture or related operations.
2
Consequently, all KPIs related to animal welfare, cruelty-free practices, and animal-derived inputs are not applicable to its business and no relevant data was found.

No War, No Weapons

0

The provided article, a Busey Impact Report Summary, explicitly states that it focuses on internal operations and community impact, and contains no data relevant to defense contracts or conflict-related activities.

1
Therefore, no specific, concrete data points are available to assess BUSE.US against any of the 'No War, No Weapons' KPIs.

Planet-Friendly Business

0

The provided article, Busey's 2024 Impact Report Summary, explicitly states that no data is provided for key environmental metrics such as Scope 1, 2, and 3 emissions, SBTi targets, renewable energy, water use, building certifications, waste diversion, EU taxonomy alignment, lifecycle impact analysis, recycled/virgin ratios, carbon offset quality, climate-positive initiatives, supply chain transparency, supplier SBTi targets, biodiversity efforts, deforestation policies, environmental compliance violations, environmental impact assessments, net-zero targets, TCFD alignment, climate scenario analysis, stranded assets transparency, water from stressed basins, packaging CO2 reduction, climate justice initiatives, or just transition programs.

1
While the report mentions 'Recycled Waste: Over 700,000 pounds in 2024', 'Water Conserved: Nearly 2,500,000 gallons in 2024', 'Solar Panel Installations: 11 facilities', and 'Trees Saved: Nearly 600 in 2024', these figures are absolute amounts or counts and are not presented in a format (e.g., as percentages, rates per revenue, or comprehensive program outcomes) that allows for direct mapping to the quantitative thresholds of the rubric's KPIs.
2

Respect for Cultures & Communities

0

No evidence available to assess First Busey Corporation on Respect for Cultures & Communities.

Safe & Smart Tech

0

The company provides periodic cybersecurity training to its workforce.

1
It performs regular assessments of information systems, conducts penetration testing, and vulnerability assessments.
2
While cybersecurity threats and incidents have been identified in the past, none have materially affected the company, and no recent security news or incidents are mentioned.
3

Zero Waste & Sustainable Products

0

No evidence available to assess First Busey Corporation on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.