SPRINGFIELD, ILLINOIS – Daniel P. Daly was elected Chairman of the Illinois Bankers Association (IBA) on June 22 during the organization’s Annual Conference at the Hilton Chicago. He is President and CEO of SENB Bank, serving the Quad Cities Illinois-Iowa metropolitan area.
Daly will serve as the IBA Chairman for the 2018 fiscal year, and he will lead the IBA board as it continues to execute its strategic plan, improve the banking and business climate in Illinois for the benefit of all communities, and provide innovative solutions for its member banks. He has served on the IBA Board since 2009.
Over the last 30 years, Daly served in executive roles with several financial institutions prior to joining SENB Bank. He was the Founding President and Chief Executive Officer of First Capital Bank, which opened its doors for business in 1996, the first new bank chartered in Peoria, Illinois in over 27 years. First Capital Bank’s assets grew from $5.3 million at inception to over $254 million in six years, prior to its acquisition by First Busey Corp. in 2004. He served as a Regional President for Busey Bank following this transaction.
Daly is a 1974 graduate of Spalding Institute and a 1977 graduate of Bradley University. A certified public accountant, he has focused his career on the financial services industry, beginning as an auditor and consultant with KPMG Peat Marwick in the late ‘70s.
Daly has been actively involved in community efforts, and he currently serves on the boards of Empower Illinois, Renew Moline, Gilmore Foundation, Regional Opportunities Council, SAL Children and Family Services and the American Red Cross.
Previously, he served in leadership roles on the boards of the Heart of Illinois United Way (and chaired its 1999 annual campaign), the Peoria Symphony Orchestra, Catholic Charities, the Finance Council of the Catholic Diocese of Peoria, the Boys and Girls Club of Greater Peoria, the EPIC Foundation, the Tri-County Urban League, the Community Foundation of Central Illinois, Human Service Center and Human Service Center Foundation, FC Peoria Soccer Club, the Peoria Park District Foundation and Fayette Companies. He also chaired the Peoria County unit of the American Cancer Society and chaired that organization’s statewide fund-raising efforts. He has served as chair and treasurer of the Peoria Civic Center Authority and Co-Chaired the $60 million redevelopment in 2005. He also served as Chairman of the Peoria Riverfront Museum and co-chaired the construction of their $35 million museum in 2012.
“The IBA is pleased and honored to have Dan lead our board and executive team,” IBA President and CEO Linda Koch said. “He is a great asset to the association.”
The Illinois Bankers Association is a full-service trade association dedicated to creating a positive business climate that benefits the entire banking industry and the communities they serve. Founded in 1891, the IBA brings together state and national banks and savings banks of all sizes.