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Kevin M. Cuff Joins Leader Bank
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Press Release 12/09/2010
Leader Bank, N.A. is proud to announce the appointment of Kevin M. Cuff, MPA as Vice President, Residential Lending Compliance and Director of Community Investment.
Mr. Cuff joins Leader Bank with over ten years of experience in the
mortgage banking industry and currently serves as the Executive
Director of the Massachusetts Mortgage Bankers Association (MMBA) and
the Executive Secretary of the Massachusetts Mortgage Bankers
Foundation. Mr. Cuff has held this position since 2002, and he has had
a tremendously positive impact on the residential mortgage industry
even throughout the course of what has been one of the most challenging
times in recent history for the housing market. During this time, Mr.
Cuff has been nationally recognized as a regional chair of the Mortgage
Bankers Association of America’s State & Local Advisory Council, a
collaborative advisor on all state and federal legislative and
regulatory issues affecting the industry. In addition, Mr. Cuff has
served the Massachusetts Division of Banks Foreclosure Prevention
Working Group as an appointee by the Commissioner and he chaired Net
Worth Requirement and the MLO
Licensing / Registration Task Force which ultimately contributed to the
creation of new standards within the industry. Mr. Cuff sits on the
Massachusetts Community Banking Council’s Mortgage Lending Committee
which among many tasks reviews Home Mortgage Disclosure Act data used
in the creation of two annual reports on Massachusetts lending trends
through Changing
Patterns and Borrowing Trouble: Mortgage lending to traditionally
underserved borrowers and neighborhoods in Massachusetts.
Mr. Cuff is the recipient of the 2008 MMBA Certificate of Outstanding
Achievement in recognition of his accomplished outreach to
Massachusetts communities in support of financial literacy education
and the support of affordable housing. In addition, Kevin has been
recognized by Housing Options for Massachusetts Elders (HOME) as its
2009 Advocate of Special Recognition.
In this new position, Mr. Cuff will oversee and ensure the continued
compliance relative to the Community Investment Act (CRA) and
residential lending on behalf of both Leader Bank and our affiliate
company, Leader Mortgage Company. Mr. Cuff will work alongside senior
management to ensure that we continue to meet the credit needs of the
communities that we serve, including low and moderate income
neighborhoods. “It is with pleasure that we welcome Kevin as a member
of our team,†states Sushil K. Tuli,
President and CEO of Leader Bank. “His extensive experience with
mortgage compliance requirements, combined with his dedication to
excellence, will make Kevin a true asset to Leader Bank.â€
About Leader Bank
Leader Bank is a nationally chartered bank founded in 2002 that
currently has five full service branches in Arlington, Belmont,
Cambridge and Burlington. Leader Bank offers a full range of personal
and business banking products including free personal and business
checking accounts, commercial and residential lending products, home
equity lines of credit, and free online banking and bill payment
services.
Visit Leader Bank's website at www.leaderbank.com
or stop by any of our five convenient branch locations: 363 Pleasant
Street, Belmont, MA 02478; 449 Massachusetts Avenue, Arlington, MA
02474; 141 Massachusetts Avenue, Arlington, MA 02474; 675 Massachusetts
Avenue, Cambridge, MA 02139; and 50 Mall Road, Burlington, MA 01803. To
contact Leader Bank, please call our toll free number 877-691-7900.
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