Marquette Bank has reached another major milestone in its 80-year history; one that honors its past while shaping its future.

On August 1, 2025, longtime banking executive Betty Harn assumed the role of President & CEO of Marquette Bank and President of Marquette National Corporation, becoming the first woman to lead the organization.

Her appointment follows the planned transition from George Moncada, who served the bank with distinction for 45 years. Moncada will continue to lend his expertise as a senior advisor and board member, ensuring a smooth transition rooted in continuity and shared values.
 
Celebrating 80 Years - Betty Harn, Paul McCarthy, George Moncada - Marquette Bank - Love Where You Bank

Working From the Ground Up

Harn’s journey at Marquette Bank began 27 years ago, which gave her firsthand insight into the power of community banking. Over the years, she advanced through leadership roles in operations, HR, IT and security, marketing, and governance, ultimately helping guide the bank’s strategic direction alongside Moncada and the executive team.

Her leadership has already left an indelible impression on the bank. She was instrumental in formalizing the Marquette Neighborhood Commitment, a program that unites the bank’s volunteerism, charitable giving, economic development initiatives, and partnerships. This initiative has earned national recognition from the American Bankers Association Foundation and state honors from the Community Bankers Association of Illinois for its innovation and community impact.

Leadership Like No Other

Moncada has successfully steered the bank for 45 years with passion, understanding and steadfast leadership. Under his leadership, the bank has grown its market area and continues to play a vital role in shaping the financial lives of its customers.

"While the bank has evolved over the past 8 decades, we remain focused on and committed to our employees and customers. We are firmly rooted in our neighborhoods and provide a best in class, personalized product and service to our customers. Marquette Bank is poised to continue to thrive," said Moncada.

Harn expressed deep gratitude to her predecessor, saying, “George’s enthusiasm, knowledge, and leadership have been truly appreciated. I’ve learned much from him, and I’m grateful he will remain a part of our team as an advisor and board member.”

A New Chapter in Our 80-Year Legacy

Building on the legacy of his father, John F. McCarthy, Board Chairman and CEO of Marquette National Corporation, Paul M. McCarthy praises the bank's independence and ensures the bank plays an active role in our local

neighborhoods while remaining true to the guiding values. Looking to the future, McCarthy commented "Betty’s dedication and innovation will lead Marquette Bank into its next chapter with care, stability, and community at the core."

With over $2 billion in assets, 21 banking centers, and a longstanding reputation for personal service, Marquette Bank remains one of the few locally-owned and privately held financial institutions in Chicagoland; and it is now proudly led by a woman who embodies the spirit of its mission.

One Historic Milestone at a Time

As Marquette Bank celebrates 80 years of service, Harn’s leadership marks both a historic milestone and a continuation of what makes the bank unique: its unwavering commitment to helping individuals, families, and businesses thrive in the neighborhoods they call home.

Her message to employees and customers alike is simple yet powerful: “We truly work at a special bank that cares deeply about all of those in our neighborhoods. And for that, I’m grateful.”

Marquette Bank’s next chapter begins in community, care, and connection. In other words, where it's always been.