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."
Read more about this topic: Ron Grzywinski
Famous quotes containing the words early, life and/or career:
“In the course of twenty crowded years one parts with many illusions. I did not wish to lose the early ones. Some memories are realities, and are better than anything that can ever happen to one again.”
—Willa Cather (1873–1947)
“We realize that we are laggards from the past century, still living in what Marx kindly calls ‘the idiocy of rural life,’ and we know that our rural life is like that of the past, not like that of much of the present.”
—For the State of Vermont, U.S. public relief program (1935-1943)
“I began my editorial career with the presidency of Mr. Adams, and my principal object was to render his administration all the assistance in my power. I flattered myself with the hope of accompanying him through [his] voyage, and of partaking in a trifling degree, of the glory of the enterprise; but he suddenly tacked about, and I could follow him no longer. I therefore waited for the first opportunity to haul down my sails.”
—William Cobbett (1762–1835)