Busey Bank in Illinois vs the state
11.6%Denial rate-5.50 pts vs state
13.7%Decision denial rate-7.94 pts vs state
71.8%Origination rate+13.01 pts vs state
7.25%Median rate+0.50 pts vs state
0.55Rate spread (pts)+0.17 pts vs state
$90kMedian applicant income
1,204Loans originated
195Denied
Trend in Illinois
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,010 | 1,498 | 10.9% | 6.50% | #35 |
| 2024 | 1,780 | 1,296 | 10.6% | 7.50% | #43 |
| 2025 | 1,678 | 1,204 | 11.6% | 7.25% | #54 |
What Busey Bank lends in Illinois
By loan purpose
By loan type
Why it denied Illinois applicants
Where in Illinois
Counties with the most Busey Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Champaign County | 370 | 274 | 35 | 9.5% |
| Madison County | 253 | 199 | 19 | 7.5% |
| Cook County | 248 | 165 | 35 | 14.1% |
| McLean County | 135 | 93 | 23 | 17.0% |
| Will County | 116 | 74 | 20 | 17.2% |
| Macon County | 102 | 78 | 12 | 11.8% |
| Peoria County | 68 | 47 | 9 | 13.2% |
| Tazewell County | 50 | 32 | 7 | 14.0% |
| St. Clair County | 41 | 24 | 5 | 12.2% |
| DuPage County | 38 | 28 | 5 | 13.2% |
Other large lenders in Illinois
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Guaranteed Rate | B | 17,479 | 4.9% | 6.63% |
| Rocket Mortgage | C | 16,971 | 19.7% | 6.75% |
| United Shore Financial Services | B | 15,644 | 13.0% | 6.50% |
| JPMorgan Chase Bank | B | 13,574 | 9.7% | 6.49% |
| U.S. Bank | D | 10,076 | 38.3% | 7.00% |
| Crosscountry Mortgage | B | 8,779 | 4.5% | 6.75% |
| Fifth Third Bank | D | 8,628 | 32.1% | 7.50% |
| The Huntington National Bank | D | 8,226 | 31.9% | 6.99% |
| BMO Bank | F | 8,007 | 32.7% | 8.33% |
| Loandepot.Com | D | 7,019 | 17.7% | 6.88% |
Frequently asked questions
Illinois: 1,678 applications in 2025, of which 1,204 were originated and 195 denied.
11.6% of all applications, or 13.7% of the applications it actually decided on. The Illinois statewide average across all lenders was 17.1%.
The median rate on loans Busey Bank originated in Illinois in 2025 was 7.25%, against a statewide median of 6.75%.
About this data. Figures are Busey Bank's own HMDA filing for properties located in Illinois, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology