Cindy has a BS degree in Human Ecology from Kansas State University and is also a graduate of the Norman, Oklahoma Economic Development Institute and the Institute of Organizational Management in Boulder, Colorado. Wallace was also one of the founding members of the Wyoming Wind Alliance, promoting large scale renewable wind energy projects in the state and is a founding member of the Western Kansas Rural Economic Development Alliance (WKREDA).
Wallace resides in her hometown of Larned, Kansas and is a mother to two grown sons and has three grandchildren.