David J. Loundy has served as Chairman and CEO of Devon Bank headquartered in Chicago, Illinois since 2012. Mr. Loundy also serves as Chairman of Devon Bank’s holding company (Devon Bancorp, Inc.), managing member of Devon Bank’s investment pool of affiliates (Abraham’s River, LLC and The Acheron Cash Fund, LLC, and their manager, 650 Asset Management LLC) and Chairman of Devon Bank’s the “sponsored” public charity, The Loundy Charitable Foundation. Prior to joining Devon Bank in 2003, Mr. Loundy practices intellectual propriety and computer law and served as an adjunct professor and law school administrator. Mr. Loundy is a past board member of the Community Banker’s Association of Illinois (CBAI), and is a current board member of the CBAI’s Community BancService Corporation. He has been a board member or endowment board member for a number of community and religious organizations. He is a frequent writer and speaker on religious-based financing issues. Mr. Loundy earned a Bachelor of Arts in Telecommunications from Purdue University and a Juris Doctor degree from the University of Iowa, both with distinction.