Bruce D. Murphy is president of Community Development Banking of Key Bank, Cleveland, Ohio. This includes Community Development Lending, Residential Mortgage Lending, the Minority/Women’s Business Enterprise program, and Regulatory Compliance.
As president, Murphy leads the Corporation’s construction lending for affordable housing, commercial loans for small business, and residential mortgage lending in low-to-moderate income markets. He also leads the making of equity investments in affordable housing and tax credit projects. Murphy is responsible for the Minority/Women’s Business owners supplier diversity program.
In 1990, Murphy joined Human Resources for AmeriTrust, which later merged into Society Corp, Key’s predecessor. Prior to coming to Cleveland, he spent 12 years in a wide range of both planning and operations functions in Retail and Human Resources at Mellon National Bank in Pittsburgh.
Murphy earned a Bachelor of Arts degree in communications and a masters degree in public management from the University of Pittsburgh. He has also studied at the ABA Graduate School of Human Resources and the University of Michigan’s Human Resources Executive Education Program.
He is currently a member of the Cuyahoga Community College Board of Trustees. He also is a member of Leadership Cleveland; Board President of the United Black Fund; Past Chairman of the Board of Directors of Recovery Resources, and a board member of A.M. McGregor Foundation. Murphy serves on the National Board of Social Compact, Bankers Collaborative of the National Community Reinvestment Coalition, Center for Financial Innovation, and Bank Administration Institute. In addition, he is a booster for the Strongsville Athletic Booster Club and has coached youth baseball, soccer and football in Strongsville, where he resides with his wife Michele and his three children.