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Gateway First Bank Names Deirdre Cherry as Chief Credit Officer

November 12, 2019

JENKS, Okla.--(BUSINESS WIRE)--Nov 12, 2019--

Gateway First Bank, one of the largest banks in the State of Oklahoma and one of the largest mortgage bank operations in the United States, announced the appointment of Deirdre Cherry as its Chief Credit Officer.

As Chief Credit Officer, Cherry will be responsible for the review of Gateway’s loan portfolio on a continuing basis to guide risk-appropriate growth, assist in the detection of deterioration in loan quality and review the portfolio to ensure compliance with state and federal regulations.

“We are committed at Gateway to bringing in the best talent in the industry, and Deirdre is no exception with her depth and breadth of experience in the banking industry,” said Stephen Curry, CEO of Gateway. “Her knowledge on credit training, pricing models, collateral evaluation and risk rating will help us as we continue to grow as a company.”

Cherry has been in the banking industry for more than 30 years, primarily with JPMorgan (and its predecessor institutions) and Bank of America. Her experience has focused on providing credit solutions to clients ranging from large corporations through the ultra-high net worth private client segment. In addition to single-lender transactions, she has designed or participated in agented syndicated facilities, club deals and derivative solutions. Cherry has significant experience managing teams and presenting the credit proposition to internal and external audiences. She earned a master’s degree in Business Administration from Pace University and a bachelor’s degree in Economics from Santa Clara University.

“I am proud to be a member of the Gateway team during this unprecedented time of rapid growth and advancement,” said Cherry. “I look forward to using my industry experience to help the team strive for even greater excellence and live out the company’s core values and making a difference in our company and community every day.”

About Gateway First Bank

Established in 2019, after the merger of Gateway Mortgage Group with a 100-year old bank, Gateway First Bank emerged as a diversified financial institution that provides digital banking and mortgage services for consumers and commercial customers. Gateway is headquartered in Jenks, Oklahoma and maintains $1.4 billion in assets, six branches in Oklahoma, and 160 mortgage centers licensed in 40 states and the District of Columbia. With over 1,300 employees across the country, Gateway is one of the largest banks in the State of Oklahoma and one of the largest banking and mortgage operations in the United States.

For more information about Gateway First, visit https://www.gatewayfirst.com/. Member FDIC, Equal Housing Lender (NMLS 7233).

Follow Gateway First on Facebook ( https://www.facebook.com/GatewayFirstBank/ ), LinkedIn ( https://www.linkedin.com/company/gatewayfirst/ ) and Twitter ( https://twitter.com/Gateway1st ).

View source version on businesswire.com:https://www.businesswire.com/news/home/20191112005655/en/

CONTACT: Melissa Bogle

918-291-4654

Melissa.Bogle@gatewayfirst.com

Joshua Harlow

(405) 850-4471

harlow@freemarketconsultingusa.com

Megan McKinstry

(678) 781-7237

mmckinstry@williammills.com

KEYWORD: OKLAHOMA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Gateway First Bank

Copyright Business Wire 2019.

PUB: 11/12/2019 09:01 AM/DISC: 11/12/2019 09:02 AM

http://www.businesswire.com/news/home/20191112005655/en