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There's still a risk of recession even though the economy is much better than it was a year ago, according to the chief investment officer for central Illinois-based Busey Bank.
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The chief investment officer for a Central Illinois bank said Tuesday he does not see a significant recession arriving until late this year or early next.
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A top central Illinois banker said Thursday he's optimistic about the economy. Busey Bank Chief Investment Officer Zach Holland told a business crowd at Illinois Wesleyan University that economic activity is higher now than before the pandemic, driven by consumer spending.
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Busey Bank is closing its Uptown Normal location, as of Friday.The Champaign-based bank has three other branches in McLean County, including the North…