Mary Houghton, Vice Chair and Treasurer
Mary Houghton was a Cofounder in 1973 of ShoreBank Corporation, a regulated commercial bank holding company organized for purposes of community development and, later, environmental protection. She was the senior lender of its lead bank in Chicago and managed expansions, including formation of ShoreCap International in 2003. She was elected to be a director of Equator Capital Partners, a fund management company, formed by former ShoreBank employees of ShoreCap Management Company and she continues as a director of two of four non‐profit small business loan funds that became independent when the $2 billion asset ShoreBank closed its doors in 2010.
She is a director of several financial institutions: Basix or Bhartiya Samruddhi Investments and Consulting Services (BASICS Ltd.) and Bhartiya Samruddhi Finance Limited (BSFL) in Hyderabad, India and Citizens Bank, a wholly owned subsidiary of Vancity Credit Union in Vancouver, British Columbia. She is also a director of several non‐profit organizations focusing on asset accumulation issues internationally: Calvert Foundation and the Grassroots Business Fund. A graduate of the School of Advanced International Studies of Johns Hopkins University, she was a Visiting Scholar there in 2011.