Frank Patterson
Orland Park,IL
Summary
Accomplished leader with a proven track record at the Federal Deposit Insurance Corporation, enhancing operational efficiency and stakeholder satisfaction. Expert in documentation management and fostering teamwork, I've driven significant business development and customer relations improvements. Skilled in navigating complex audits and strategic planning with an approach delivers sustainable growth and excellence.
Overview
45
45
years of professional experience
Work History
Banking Institutions Receivership Specialist
Federal Deposit Insurance Corporation, FDIC
02.2010 - 09.2014
- Generated reports detailing findings and recommendations.
- Collected, arranged, and input information into database system.
- Prepared evaluation reports for banks that are being considered for merger or closing
- Provided a detailed audit of banks deposit structure to identify deposits that are insured or non-insured
- Prepared a detail plan when banks were deemed to be insolvent for entry to enter to the bank
- Assigned junior staff to work with current staff to prepare hand-over of deposits
- Prepared payout of insured deposits to banks current customers.
- Once those deposits have been identified, initiate issuance of checks to be issued and mailed banks current customers
- Complete accuracy on financials with no errors.
President & CEO
New Spirit Credit Union
03.1990 - 01.2013
- Hired and managed employees to maximize productivity while training staff on best practices and protocols.
- Managed crisis situations effectively while minimizing disruption to daily operations.
- Enhanced company performance by implementing strategic plans and overseeing daily operations.
- Monitored financial performance and implemented measures to enforce compliance with budgetary standards.
- Delivered operational excellence by optimizing resources, processes, and overall cost structure.
- Reduced operational costs through strategic cost management initiatives.
- Managed financial, operational and human resources to optimize business performance.
Vice President & Controller
Southwest Financial Bank & Trust
02.1970 - 12.1990
- Cultivated strong relationships with key stakeholders, including customers, vendors, regulators, and community leaders to promote collaboration and long-term success.
- Led cross-functional teams for the successful completion of major projects, resulting in increased efficiency and client satisfaction.
- Demonstrated proficient leadership skills to motivate employees and build competent teams.
- Collaborated with senior management to develop strategic initiatives and long term goals.
- Negotiated high-value contracts that maximized profitability while mitigating risks for the organization.
- Developed new revenue streams by identifying growth opportunities and forging strategic partnerships with key industry players.
- Established a culture of continuous improvement, fostering innovation and driving sustainable growth across the organization.
- Delivered strong financial performance despite challenging economic conditions by executing prudent risk management strategies throughout all aspects of business operations.
- Founded performance- and merit-based evaluation system to assess staff performance.
- Optimized tax filing processes, resulting in timely submissions and minimizing liabilities.
- Enhanced accuracy in financial forecasting by meticulously analyzing past trends and market conditions.
- Contributed to significant revenue growth, identifying and implementing cost-saving measures across company.
Education
American Bankers Association Commercial Lending Sc
University of Oklahoma
Norman, OK08.1986
Bachelor of Arts - Finance
Mundelein College
Chicago, IL12.1985
Illinois Bank Marketing
Southern Illinois University, Carbondale
Carbondale, IL06.1982
High School Diploma -
British Forces Education Services
Great Britain06.1967
Skills
- Customer Relations
- Expert Problem Solving
- Documentation Management
- Quality Assurance
- Technical communication
- Expert in [Using all media]
- Teamwork and Collaboration
- Multitasking Abilities
- Excellent Communication
- Decision-Making
- Active Listening
- Audit reporting
- Improvement plan knowledge
- Professionalism
- Business Development
Languages
German
Native or Bilingual
Timeline
Banking Institutions Receivership Specialist
Federal Deposit Insurance Corporation, FDIC
02.2010 - 09.2014
President & CEO
New Spirit Credit Union
03.1990 - 01.2013
Vice President & Controller
Southwest Financial Bank & Trust
02.1970 - 12.1990
American Bankers Association Commercial Lending Sc
University of Oklahoma
Bachelor of Arts - Finance
Mundelein College
Illinois Bank Marketing
Southern Illinois University, Carbondale
High School Diploma -
British Forces Education Services
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