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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

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Advisory Committee Member Biography -
Bruce D. Murphy

Bruce D. Murphy is president of Community Development Banking, including Community Development Lending, the Minority/Women’s Business Enterprise program, and Regulatory Compliance.

As president, Murphy leads the Corporation’s integrated strategy for investing in low to moderate income communities with consumer and commercial products and services.  He leads construction lending and making equity investments for

affordable housing, and commercial loans for small business in low-to-moderate income markets and investing in tax credit projects.  He is also responsible for consumer strategies to attract the unbanked.   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 administration from the University of Pittsburgh.  He has also studied at the University of Michigan and Case Western Reserve University in a variety of leadership programs.

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 board of Social Compact, Bankers Collaborative of the National Community Reinvestment Coalition, Center for Financial Services Innovation, and Bank Administration Institute. 

Last Updated 07/20/2009

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