Luke W. Reynolds is Chief of Outreach & Program Development. He manages staff who develop, enhance, and promote FDICís financial education resources, including the award-winning Money Smart financial education program. He provided leadership for the development and release of Money Smart for Small Business, Money Smart for Young Adults, Money Smart Podcast Network, and revisions of other Money Smart products. His team also develops strategies and resources to support other national community development initiatives. Mr. Reynolds serves on the Consumer News editorial board, DCP Workplace Excellence Council, Alternative Dispute Resolution Steering Committee, and has previously served on the Underbanked Surveys Project Team. He is also an FDIC Deputy Ethics Counselor.
During his details as Acting Associate Director for Community Affairs, he led the Community Affairs Branch in refocusing its resources to foster bank-community collaborations that promote broader community development and economic inclusion, while establishing processes to manage operational risk.
Previously, he was the FDICís Community Affairs Specialist in Southern California. He helped financial institutions and community organizations understand ways to bring the unbanked into the financial mainstream, shared ďbest practicesĒ for tools such as individual development account matched savings programs and the IRS Volunteer Income Tax Assistance (VITA) program, and provided technical assistance on CRA and fair lending regulations. The launch of the outgrowth of one project, a small business loan portal, received coverage in the Los Angeles Times. Mr. Reynolds also served on the Executive Committee of the entity that organized the VITA program throughout Los Angeles County. He promoted and supported Money Smart, including by organizing and teaching or co-teaching Train the Trainer sessions to over 600 potential instructors.
Earlier, Mr. Reynolds was a Commissioned Bank Compliance Examiner in the FDIC's Detroit field office. Mr. Reynolds was also a Large Bank CRA subject matter expert (SME). In this role, he led or participated in the examination of large and small institutions in rural, suburban, and urban communities in several states, including problem banks.
He is the named author of two law review articles (one on a provision of fair lending law and the other on international trade law), the named co-author on several FDIC Quarterly research articles (Microenterprise Development: A Primer, A Template for Success: The FDIC's Small-Dollar Loan Pilot Program; Building Assets, Building Relationships: Bank Strategies for Encouraging Lower-Income Households to Save; and Banking on Financial Education), and co-author of A Longitudinal Evaluation of the Intermediate-term Impact of the Money Smart Financial Education Curriculum upon Consumersí Behavior and Confidence. He has also contributed to other publications. Mr. Reynolds has spoken internationally on the US consumer protection landscape and has taught workshops for senior leaders in other countries on how to adapt the Money Smart curriculum to develop a national financial education program.
He has been recognized with the FDIC Chairmanís Individual Excellence and Chairmanís Team Excellence Awards, Divisional Manager of the Year Award, and a Commendation by the County of Los Angeles.
Mr. Reynolds, a native Oregonian, holds a baccalaureate degree with High Distinction from Indiana University where he studied public financial management and economics, a Juris Doctor (J.D.) degree from Loyola Marymount University Law School in Los Angeles, and is a licensed attorney in California and the District of Columbia. He served as Chief Technical Editor of the Loyola of Los Angeles International Law Review, and has been recognized for his pro bono work, which has included litigation.