People: First Busey Corp (BUSE.O)
21 Sep 2017
Mr. George Barr serves as Independent Director of the company. As the previous director and chairman of the board of directors of First Community Financial Partners for 11 years and as a director of its subsidiary, First Community Financial Bank ("First Community"), for four years, Mr. Barr has extensive experience serving the financial industry in the Chicago metropolitan area and has provided strategic direction for First Community through his longstanding tenure. First Community Financial Partners, which was headquartered in Joliet, Illinois, was acquired by First Busey Corporation on July 2, 2017. Mr. Barr founded Commonwealth Management, LLC, previously known as The Barr Group, in Joliet in 1980. The firm develops real estate and manages, protects and enhances the values of properties—including homeowner and condo associations, apartment complexes, manufactured home parks, commercial centers and office buildings—for property owners. In addition, Commonwealth Management manages real estate owned (REO) and troubled assets, and consults on new development and construction loans. Prior to founding his own company, Mr. Barr—who is an Illinois and Florida licensed attorney—established the law firm of George Barr & Associates in Joliet in 1985, focusing on real estate, contract and corporate law.
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