Busey Bank Salary

Busey Bank Salary

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As of August 2026, the average hourly salary for employees at Busey Bank in the United States is $51. This translates to an approximate annual wage of $105,839. Salaries at Busey Bank typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Busey Bank

Ready for your next career move? Explore current job openings at Busey Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Busey Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Busey Bank's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Taylor Capital Group Inc $55
+8.2%
Influenced by prevailing union wage agreements specific to Taylor Capital Group Inc's sector.
1st Source Bank $51
+0.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Origin Bancorp Inc $49
-4.4%
Origin Bancorp Inc operates with a leaner overhead structure, impacting base wage offers.
Stock Yards Bancorp Inc $51
+0.9%
Indicates identical technical requirements and experience levels between the two firms.
Financial Services Industry $59
+14.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Companies Similar to Busey Bank and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Busey Bank. Click a company name to learn more.

Employee Reviews: Working at Busey Bank

Considering a career at Busey Bank? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Financial companies can be rigid, but this one balances structure with creativity. Priorities are clearly communicated. Resources for continuous learning available. Transparent communication promotes trust and collaboration. The culture can feel hierarchical, limiting open dialogue between employees and management. The benefits are generous, and the team culture promotes collaboration and respect,...
Commented in April 12, 2025
32
0
The opportunity to learn from seasoned professionals and contribute to high-stakes financial decisions makes this a truly rewarding environment for anyone passionate about finance. Leadership genuinely encourages us to grow. The company genuinely cares about its employees' well-being. Performance is measured fairly, but recognition is minimal.
Commented in March 06, 2025
22
1
Feedback is solicited and incorporated. Excellent opportunities for career advancement and skill development. The company fosters a highly collaborative culture that encourages innovation and professional growth.
Commented in August 21, 2024
40
2
The culture is formal and hierarchical, with limited cross-department collaboration. What impresses me most is how the company balances traditional financial rigor with digital transformation initiatives. It’s a dependable environment, though not particularly dynamic or socially engaging beyond core responsibilities.
Commented in March 27, 2024
26
1

Busey Bank Overview

Website
www.busey.com
Founded In
1868
Employees
1,000 - 3,000 employees
Industry
Financial Services
Headquarter Address
100 W University Ave Champaign Illinois IL 61820
Revenue
$200 Million - $500 Million
Phone Number
+1 2173654500
Social Media
About Busey Bank
Busey Bank, founded in 1868, a wholly-owned bank subsidiary and is headquartered in Champaign, Illinois and has banking centers serving Illinois, banking centers in the St. Louis, Missouri metropolitan area, banking centers serving southwest Florida and a banking center in Indianapolis, Indiana.

What Benefits Does Busey Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Busey Bank offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Champaign?

Understanding the cost of living near Champaign is key to truly evaluating a salary offer or your current compensation at Busey Bank.
Champaign's Cost of Living Index is approximately 89.8 (10.2% less expensive than US average; 4.3% less than IL average). Central IL (Univ. of Illinois), housing affordable. MTD bus. When planning your budget based on a salary from Busey Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,250+ A significant portion of Busey Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (MTD monthly pass, free for UofI) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,080 - $3,340+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Busey Bank

1. What is the estimated average total compensation at Busey Bank?

Salary.com estimates that the average total compensation package at Busey Bank, which can include base salary, potential bonuses, and benefits, is around $51 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Busey Bank pay compared to Taylor Capital Group Inc?

The average annual salary at Busey Bank is $105,839, or an hourly wage of $51, in comparison to Taylor Capital Group Inc which pays $114,520 per year or $55 per hour.

3. Do salaries differ significantly between departments at Busey Bank?

Yes, salaries often differ between departments at Busey Bank due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Busey Bank?

Salary progression from an entry-level to a senior role at Busey Bank can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Busey Bank in Champaign is fair given the local cost of living?

To determine if a salary offer from Busey Bank in Champaign is fair, first compare the gross salary to our data for similar roles at Busey Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Champaign" to understand its purchasing power.

6. Are promotions at Busey Bank usually accompanied by a significant salary increase?

Yes, promotions at Busey Bank are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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