KeyBank Names Renee Murdock as Corporate Responsibility Officer
For Hudson Valley/Metro NY
Murdock to partner with KeyBank leadership on Community Reinvestment Act activities and community engagement throughout the Hudson Valley and Metro NY market
TARRYTOWN, NY – KeyBank today announced that Renee Murdock will serve as Corporate Responsibility Officer for its Hudson Valley/Metro NY market. In this role, Ms. Murdock will be responsible for driving KeyBank’s Community Reinvestment Act (CRA) compliance within its Hudson Valley and Metro NY market areas. Additionally, Murdock will work with local KeyBank leadership and community organizations in partnership on critical community issues facing those markets.
“The role of Corporate Responsibility Officer expands the role of our former CRA Officers at KeyBank. But our approach to serving low-to-moderate income populations is not new,” said Bruce Murphy, Executive Vice President and Head of Corporate Responsibility at KeyBank. “We are proud that our approach to responsible banking and citizenship has led to eight consecutive ‘Outstanding’ ratings from the OCC on the CRA exam. But we are more proud when we can make a transformative, long-term difference in our communities and for low income populations. I’m glad that we will have Renee leading those efforts in Hudson Valley and Metro New York.”
Created earlier this year, the Corporate Responsibility Officer position will oversee a broad community engagement strategy in Key’s Hudson Valley and Metro New York markets, which will include CRA compliance and execution of KeyBank’s $16.5 billion National Community Benefits Plan in the area. As part of the five-year plan, announced in partnership with The National Community Reinvestment Coalition and over 80 community organizations, KeyBank committed to $16.5 billion in mortgage lending, small business lending, community development lending and investing and philanthropy over the next five years.
The National Community Benefits Plan is designed to stimulate substantial job and economic growth in the communities where KeyBank operates, including Hudson Valley and Metro NY. Murdock will partner with local KeyBank leadership, community development lending and investment partners, and KeyBank Foundation program officers on driving investments, loans, services, and philanthropy in the local markets as part of a community engagement strategy.
“KeyBank’s purpose is to help our clients and communities thrive,” said Market President Joseph Markey. “Having Renee partner with my leadership team to develop and implement a community engagement strategy that meets this goal within our Hudson Valley and Metro New York markets will be critical.”
Murdock has more than 30 years of banking, community development and non-profit management experience. She previously served in a similar role for First Niagara Bank in the Eastern Pennsylvania market and will continue her work in that region and the Hudson Valley/Metro NY area for Key as well. Before joining KeyBank, she was the Vice President of Neighborhood Services & Human Resources for Project HOME, a non-profit organization in Philadelphia. She also has broad banking experience and formerly worked for large regional banks as a Community Development Manager for Pennsylvania/Delaware at Wachovia, a Commercial Relationship Manager in middle market and small business lending, a Commercial Portfolio Manager, and a Branch Manager.
Murdock is the Board Treasurer for Commonwealth Housing Legal Services and a member of the Members’ Services Committee for the Philadelphia Association of Community Development Corporations. She is a cum laude graduate of Towson University in Baltimore Maryland with a Bachelors of Arts degree in Business Administration.
Murdock maintains an office at Key’s Plymouth Meeting headquarters at 401 Plymouth Road. She can be reached by email firstname.lastname@example.org.
Murdock will split her time between Key’s Plymouth Meeting, PA office and its Tarrytown headquarters at 660 White Plains Road. She can be reached by email at email@example.com.