KeyBank has hired Renee Murdock to serve as Corporate Responsibility Officer for the bank’s Hudson Valley/Metro NY market. In this role, Murdock will be responsible for driving KeyBank’s Community Reinvestment Act (CRA) compliance within its Hudson Valley and Metro NY market areas. Additionally, Murdock will work with local KeyBank leadership and community organizations in partnership on critical community issues facing those markets.
“The role of Corporate Responsibility officer expands the role of our former CRA Officers at KeyBank. But our approach to serving low-to-moderate income populations is not new,” said Bruce Murphy, executive vice president and head of Corporate Responsibility at KeyBank. “We are proud that our approach to responsible banking and citizenship has led to eight consecutive ‘Outstanding’ ratings from the OCC on the CRA exam. But we are more proud when we can make a transformative, long-term difference in our communities and for low income populations. I’m glad that we will have Renee leading those efforts in Hudson Valley and Metro New York.”
Created earlier this year, the Corporate Responsibility Officer position will oversee a broad community engagement strategy in Key’s New York-metro markets, which will include CRA compliance and execution of KeyBank’s $16.5 billion National Community Benefits Plan in the area. As part of the five-year plan, announced in partnership with The National Community Reinvestment Coalition and over 80 community organizations, KeyBank committed to $16.5 billion in mortgage lending, small business lending, community development lending and investing and philanthropy over the next five years.
Murdock is the board treasurer for Commonwealth Housing Legal Services and a member of the Members’ Services Committee for the Philadelphia Association of Community Development Corporations. She is a cum laude graduate of Towson University in Baltimore Maryland with a Bachelors of Arts degree in Business Administration.
Murdock will split her time between Key’s Plymouth Meeting, PA office and its Tarrytown headquarters at 660 White Plains Road.