Early Life and Career
Ron Grzywinski was born in 1936 in Chicago's South Chicago community area on the city's south side. His banking career began at the First National Bank of Lockport, and he moved to the Hyde Park Bank in 1967.
In 1973, Ron and three colleagues (Milton Davis, James Fletcher, and Mary Houghton) purchased the South Shore Bank (eventually renaming it ShoreBank) in Chicago's South Shore neighborhood to fight redlining. It was America's first community development bank, and it has grown into what is, by most accounts, the most successful community development and microfinance institution in the country. The bank's successful combination of a social mission with profitability finds it frequently cited as "doing well while doing good."
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