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Community Bankers Association of Illinois hires CFO

Community Bankers Association of Illinois announced the hiring of Patrick Beveridge as chief financial officer, effective Dec. 13.

He replaces Lisa Lippert, who is retiring as controller on Dec. 31, after 22 years with the association.

“CBAI is excited to have Patrick join our team. Although we will miss the fiscal stewardship and dedication Lisa has provided for more than 22 years, we are confident that Patrick is the right person to carry on that same level of commitment to the position. We wish Lisa the best on a well-deserved retirement and welcome Patrick to the team,” said Kraig Lounsberry, CBAI president/CEO.

Beveridge most recently spent more than 16 years as the controller for the Springfield Pepsi Bottling company. Beveridge (shown) also has experience in public accounting, including five years at Clifton Gunderson LLP, and he attended the University of Illinois, Champaign-Urbana, where he graduated with an accounting degree.

CBAI is one of the largest state banking associations in the nation. It is a professional trade association representing nearly 300 Illinois commercial banks and thrifts, and their 880 Illinois bank branches. Its members have nearly $80 billion in assets and employ approximately 17,000 individuals.

CBAI, headquartered in Springfield, was founded in 1974 to exclusively represent and serve the community-banking profession.

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