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Marquette Bank Honors Theodore J. Cachey for 50 Years of ServiceNeighborhood Bank recognizes Theodore J. Cachey on his 50th Anniversary on Marquette Bank's Board of Directors
Orland Park, IL (May 29, 2013) – Marquette Bank, a locally-owned neighborhood bank, is celebrating Theodore “Ted” Cachey for his 50 years of dedicated service as bank director on the bank’s Board of Directors. Cachey is currently the longest standing board member and serves on the Board of Directors for both Marquette Bank and Marquette National Corporation, the bank’s holding company. “As a well-respected attorney and accomplished real estate developer, Marquette Bank has been fortunate to benefit from Ted’s perspective over the past 50 years,” Paul McCarthy, chairman, said. “Ted has been instrumental in the success of Marquette Bank. When Ted joined Marquette Bank, we had only one office and $56 million in assets. Today, we have 25 locations and over $1.5 billion in assets. Ted has supervised much of our growth, personally selecting the sites for three of our most successful locations, including our Orland 159th, Orland 179th and New Lenox branches.” Real estate and home building is in Cachey’s blood. He started in the trades as a bricklayer for his father, Joseph Cachey, a stone mason who began buying, selling and developing real estate in 1927. After graduating high school, Cachey studied law and played guard on the football team at the University of Michigan for three seasons in the early 1950s. As captain, he helped lead the Wolverines to a 6-3 record in 1954. Cachey’s early experience as a young laborer on his father's job sites fostered his ambition to expand the family business of professional home building. During his career spanning 60 years, Cachey ran a successful law practice operating in tandem with the real estate development and building company his father started. Both the law practice and building business are located in Orland Park. Today, T.J.Cachey Builders, Inc. II is operated by Cachey’s son, Tom Cachey, a well-respected commercial and residential builder, remodeler and developer.
Photo: Marquette Bank honors Theodore J. Cachey, attorney, business owner and local real estate developer on his 50th Anniversary as bank director on Marquette Bank’s Board of Directors. Ted Cachey (center) seated between Paul McCarthy, chairman (left) and George Moncada, president and CEO (right) along with Marquette Bank’s Senior Management Team and Board of Directors.
Photo: Left: Ted Cachey (early 1950s) as a law student and football player at the University of Michigan. Right: Ted Cachey (2004) on site during the building of the Colette Highlands subdivision located in Orland Park.
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