Cornell Lurry
Director of Community Economic Development | Results-Driven Financial & Banking Solutions Leader
- Role
- Director of Community Economic Development at Midland States Bank
- Location
- Chicago, IL, US
- LinkedIn followers
- 500 followers
About Cornell Lurry
RESULTS -DRIVEN PROFESSIONAL WITH 20+ YEARS of financial and banking management experience, which includes customer relations, business banking, employee development, financial planning, management, regulatory compliance, sales, and training with extensive consumer and residential lending. EXHIBITS ETHICAL STEWARDSHIP with an empowering managerial approach and a focus on establishing and nurturing long term sustainable relationships that foster trust and create business development opportunities. Adept in training, with extensive computer skills, demonstrated expertise in financial planning, and a contemporary understanding of community developmental needs and solutions. AREAS OF EXPERTISE:Community Development, Economic Development, CRA Compliance, Fair Lending, Financial Planning, Banking Operations, Strategic Leadership, Risk Management, Regulatory Compliance, Business Development, Relationship Management, Credit Analysis, Commercial Lending, Residential Lending, Community Outreach, Team Leadership, Mentoring, Client Relations, Market Strategy, Strategic Planning, Performance Management, Sales Growth, Stakeholder Engagement, Program Management, Public Speaking, Corporate Partnerships, Process Improvement, Community Investment
Experience
Director of Community Economic Development
Oct 2025 — Present · Joliet, IL, US
SELECT ACHIEVEMENTS & RESPONSIBILITIES - Develop and implement strategic plans aligned with the Bank’s CRA & Fair Lending Program, CRA Committee directives, and Community Banking goals. Lead execution of the Community Economic Development (CED) Division business plan, ensuring alignment with CRA exam periods and regulatory requirements. Communicate corporate vision, goals, and CED initiatives internally and externally to enhance organizational alignment and community engagement. Collaborate with internal teams and external stakeholders, including community partners, government agencies, and vendors, to achieve CRA and Community Banking objectives. Conduct comprehensive community needs assessments across the Bank’s geographical footprint to identify development opportunities. Prepare detailed management reports, monitor CRA performance metrics, and develop actionable CRA action plans. Maintain current knowledge of community economic development principles, best practices, and regulatory requirements, including Fair Lending and Safety & Soundness guidelines. Work cross-functionally with sales, operations, marketing, risk, and other departments to enhance solution awareness, client experience, and service excellence. Support the development and management of corporate, regional, and local relationships to advance CED goals. Manage hiring, onboarding, planning, and workload assignments for CED staff to ensure high-performing teams. Oversee the deployment and management of institutional and external resources to achieve community economic development objectives. Ensure compliance with all applicable federal and state regulations, including the Bank Secrecy Act (BSA), CRA, and Fair Lending requirements. Represent the organization at public, community, and neighborhood development initiatives and functions to strengthen the Bank’s community presence.
Education
University of St. Francis
Pursuing a Master of Business Administration - MBA
Joliet Junior College
Associate of Science - AS, Business Administration and Management, General
Chaminade University of Honolulu
Bachelor's degree, Business Administration, Major in Marketing, Minor in Accounting and Management
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