Gateway First Bank, formerly known as Gateway Mortgage, has appointed Bruce Schultz as its vice president and Community Reinvestment Act (CRA) officer.
In his new role, Schultz will administer and monitor all aspects of the company’s CRA and fair-lending programs, as well as ensure proper compliance. He will also collaborate with other areas of the institution to develop products and services.
Before Gateway, Schultz started as a mortgage banker and later served as senior vice president at Tulsa-based SpiritBank, where he specialized in compliance procedures, fair lending and fair housing act requirements, and other bank operations. In addition, he authored several official bank regulatory comment letters on various regulatory proposals and is a member of the Oklahoma Mortgage Bankers Association.
“It is an exciting time to join the team at Gateway,” Schultz said. “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.”
“Bruce is an excellent addition to the team at Gateway,” said Hobie Higgins, senior vice president and chief community engagement officer at Gateway. “During his more than two decades in financial services, he has gained the expertise and experience to position us for continued growth and to help us better serve our communities.”