Gateway First Bank has named Bruce Schultz as its vice president and Community Reinvestment Act (CRA) officer, a new position at the Bank.
As part of the executive team, Schultz will be responsible for administering and monitoring all aspects of Gateway’s CRA and fair lending programs and ensure proper adherence to the credit and financial needs of all communities it serves. Additionally, Schultz will collaborate with other areas of the institution to develop products and services with a focus on meeting the financial needs of consumers, small businesses and farms within the communities served.
Before joining Gateway, Schultz had a well-established track record serving community banks. He was previously with a community bank in Tulsa, Okla., where he began as a mortgage banker and moved quickly to upper management and then to senior vice president. His various responsibilities increased with each role, allowing him to master compliance procedures, Fair Lending and Fair Housing Act requirements, as well as different bank operations. He has also participated in several speaking and training engagements and authored numerous official bank regulatory comment letters on various regulatory proposals.
“It is an exciting time to the join the team at Gateway,” said Schultz. “There is certainly a lot to look forward to as Gateway continues to strive for excellence and serve every aspect of its communities. Gateway’s mission and commitment to providing top notch service is a testament to their legacy of growth across the nation, which shows no sign of slowing down.”