Prime Highlights
- Historic Appointment: Elizabeth “Betty” Harn appointed the first woman CEO in Chicagoland area’s top 25 banks, as of Aug. 1, 2025.
- Smooth Transition: Succeeding George Moncada, 45-year banking professional who remains as senior advisor and board member.
Key Fact
- Has more than 25 years of experience listed on her resume from previous tenure as Executive Vice President.
- Under her guidance, Marquette Bank was awarded its 12th straight ‘Outstanding’ CRA rating.
Background
Marquette Bank, a subsidiary of Marquette National Corporation, announced a groundbreaking leadership change effective August 1, 2025. Elizabeth “Betty” Harn, experienced senior executive with decades of service, has been appointed President of the holding company and Chief Executive Officer of the bank. She replaces George Moncada, who has served the bank for 45 years, including many years as CEO. Moncada shall be viewed, acting in his capacity as senior advisor and director of the board of directors.
Harn’s hiring reflects her robust institutional background and management experience in leadership roles acquired during more than 25 years of service at Marquette Bank. In capacity as Executive Vice President, she handled important duties such as human resources, information technology, security, marketing, and governance. She was also involved in leading the bank’s strategy for the long term with Moncada and senior leadership team towards a unified strategic direction.
An advocate of community banking, Harn has guided the bank to its twelfth consecutive ‘Outstanding’ Community Reinvestment Act rating from the Federal Reserve Bank of Chicago—the Chicago Fed’s highest rating. She also developed the Marquette Neighborhood Commitment, a community program nationally and statewide recognized for volunteerism and innovation by the American Bankers Association with its Community Commitment Award and the Community Bankers Association of Illinois with its Excellence and Innovation Award.
Institutional Strength and Future Prospects
With 22 offices in the Chicagoland market—20 banking offices, a loan office, and a corporate office in Orland Park—Marquette Bank maintains assets in excess of $2 billion. One of the few remaining locally owned and privately owned banks in the market, it remains committed to personalized service and community investment. Under the leadership of Harn, the organization will grow its neighborhood banking mission as it pursues sustainable growth and operational excellence.
Read Also: ICESM‑25: International Conference on Economics, Statistics and Mathematics – Doha, August 2025
