By Kevin Haas
Rockford Register StarPosted Apr. 13, 2015 at 6:58 PM
ROCKFORD — Gov. Bruce Rauner appointed Alpine Bank Chairman Rob Funderburg to lead the Illinois Finance Authority.The appointment was announced Monday in a news release from the governor's office that says Funderburg's background in business and as an entrepreneur make him supremely qualified for the job.Funderburg of Belvidere is the chairman of board for Alpine Bank and Trust and Alpine Bancorporation, Inc. He is also president and treasurer of both Funderburg Farms, Inc. and K-B Farms, Inc. The third-generation banker and philanthropist volunteers with numerous community organizations including the YMCA of Rock River Valley, the Rockford Art Museum, Keith Country Day School, the Belvidere Community School District Foundation for Excellence in Education, Rockford Symphony Orchestra Foundation, and the Rockford Park District Foundation. He was named Citizen of the Year by the Rockford Chamber of Commerce in 2009.The Illinois Finance Authority provides low-cost capital to public and private organizations in hope of fostering economic development, creating and retaining jobs, and improving quality of life for Illinois residents.
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