Bruce A. Cordingley is the sole owner of BAC Management, LLC and BAC Development, LLC. Mr. Cordingley has been involved in commercial and residential development and financing since 1971. He graduated in 1968 from Purdue University (BS-Industrial Management) with Distinction and Honors in Economics. In 1971 he graduated from the Harvard Law School with a Juris Doctor degree. After a two-year affiliation with Bingham Dana & Gould, Boston, Massachusetts, Mr. Cordingley joined Ice Miller Donadio & Ryan, Indianapolis, Indiana, in 1973 as an associate, becoming a partner in the firm’s Real Estate Section in 1980. His legal practice focused on representation of real estate developers in all aspects of the development process (zoning, construction and permanent financing, acquisition, sales, joint ventures, syndications and tax matters).

In 1973, Mr. Cordingley began investing in real estate for his own account through International Enterprises, Inc., which owns and manages apartment communities and farms in central and southern Indiana. In 1986, he started the development of the Bridlebourne subdivision which subsequently became the highest priced residential development in the State of Indiana. In 1987, he joined with Jerry Pedigo in forming Pedcor Investments to develop affordable rental housing. In 1992, Mr. Cordingley formally withdrew from Ice Miller to devote his efforts to the development activities of Pedcor Investments full time.

In addition to President and CEO of Pedcor Investments, Mr. Cordingley is a director of United Fidelity Bank of Evansville, Indiana and a director/member of the executive committee of International City Bank, N.A. of Long Beach and San Diego, California. He is President and CEO of Pedcor Bancorp, the holding company for International City Bank and President of Pedcor Financial, LLC, the holding company for United Fidelity Bank. He is also a director of Fidelity Federal Bancorp and its subsidiaries. He was a director of Eastside Community Investments, Inc. from 1983 to 1996. Mr. Cordingley was a director of the Indianapolis Economic Development Corporation, a city development corporation, from 1985 to 1988. He was also Commissioner (1983-1986) and President (1984-1986) of the Indianapolis Historic Preservation Commission, a governmental body that regulates historic districts and promotes preservation and a board member of the Riley Area Revitalization Program, a community development corporation from 1982 to 1987.

Bruce is happily married to Denise Cordingley (formerly a French teacher at Park Tudor), and they have three children, Alison (a real estate developer with The Pedcor Companies), Desiree (a money manager with Bessemer Trust in New York City), and Exton (a Captain and JAG officer in the U.S. Army), and five grandchildren.