Phalen is President/CEO of Illinois National Bank, a national bank with offices located throughout Illinois. She assists with directing the organization’s strategic direction and guiding the leadership team. They focus on Corporate Banking, as well as providing State and Municipalities with Treasury Service. She has worked in both corporate banking as well as residential mortgage and retail banking for over 25 years. Phalen also serves as a Director on the Board of Illinois National Bank and as Treasurer for The Hope Institute for Children. Phalen graduated from the University of Illinois at Urbana-Champaign with a bachelor’s degree in economics and has a master’s degree in business from the University of Illinois at Springfield. She and her husband, Pat, live in Springfield, Illinois.
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