Teresa Faidley

With over 20 years’ experience in the financial services industry Teresa is a proven leader with extensive background in building, developing and leading commercial banking teams; this includes credit underwriting, loan structuring (commercial and real estate loans), portfolio management and sales management. Teresa worked to turnaround a troubled financial institution. She was tasked with improving lending practices, identifying and assessing non-performing assets, developing work up and/or work out strategies and developing processes to comply with OCC, Federal Reserve and FDIC directives. In her career, Teresa has successfully lead both commercial and retail lines of businesses. She is knowledgeable in credit and cash management products and services. She also oversaw line audit functions and held the position of Supervisory Principal (NASD 24) for Citibank’s Illinois Commercial Banking business. Additionally during the past decade, Teresa launched two businesses.

Teresa’s vocation is economic development as it is directly relates to manufacturing and workforce development. She is actively involved with several local, state, federal and private organizations whose mission is supporting economic growth and sustainability in the region including the Cook County Bureau of Economic Development Advisory Committee and Village of Schaumburg Business Development Commission.

Active in the community, Teresa is currently on the board the Schaumburg Business Association and a member of the U.S. Global Leadership Coalition Illinois Advisory Committee.