Walter Macur

2025 Inductee, Walter E. Heller alumni

Walter Macur was a prominent industry figure who regularly attended SFNet (then CFA) conventions and activities from the time we knew him in the early 1980s until his retirement in 2004 and his untimely passing in 2005.  

Walter was a Walter E. Heller alumni and left there to start the ABL business for Exchange National Bank in 1981.  LaSalle National Bank bought Exchange in 1990. He built that business to over $1 billion in outstanding loans in the early 90s and, in 1993, acquired the Standard Chartered ABL group led by Mike Sharkey.  At the time of his retirement, commitments were near $8 billion.

Through the years, he left an indelible mark on all those that he touched and was a tremendous advocate for the industry and the benefits of ABL as a mainstream business and not a lender of last resort.

He was a visionary in supporting automation of receivables and inventory analysis and developing borrower portals for the beginning of an online borrowing base.

His willingness to take the time with anyone who came by his office (shoving all else aside) was appreciated by everyone.  All were always welcome to come in and talk to him about anything.  He provided incredible guidance to all his employees and there are many he mentored who are still in the industry today due to his efforts and tutelage.

His guidance saved many businesses and, through it all, he was a wonderful advocate of ABL.

On a personal note, Walter was a devoted husband to Ann, his faithful partner of 54 years, supportive father of five and doting grandfather.  When grandchildren asked about his work, he answered simply: “loan arranger.”  

The guidance and mentoring described in his nomination extended to his family and anyone who sought him out.  His family realized the extent of Walter’s influence from the many letters sent at his retirement and passing.

In 2007, several years after retiring, a member of his staff raised funds in his memory to support her run in the Chicago Marathon.  Virtually all contributions were from former colleagues.  

Walter’s family is grateful for the recognition of Walter’s contribution to the industry and proud to call him dad.