Laurie Myers of CIT Bank honored at 24th Annual CRA & Fair Lending Colloquium
Wolters Kluwer’s Compliance Solutions business has named Laurie Myers, VP, CRA Quality Assurance and Data Analytics at CIT Bank in Pasadena, Calif., as the 2020 honoree of its Alfredo deHaas Excellence in Analytics Award. The award, which recognizes a banking professional who “excels in leveraging data to demonstrate his or her institution’s commitment to regulatory compliance,” was announced at the company’s 24th annual CRA & Fair Lending Colloquium on Monday, Dec. 7.
Named after longtime Community Reinvestment Act (CRA) analyst Alfredo deHaas of MUFG Union Bank, N.A., the award is meant “to trumpet the ‘unsung heroes’ who embody Alfredo’s passion and spirit for championing the creative and thoughtful use of data.”
Myers was selected by a committee of veteran compliance professionals from the banking industry for her professionalism and commitment to excellence in data analytics. The committee cited her work in a number of areas for CRA analysis and performance reporting methodologies that enhanced CIT Bank’s CRA management program. She has overseen a team highly responsive to business demands, from providing data and analysis to support the negotiation of a major Community Benefits Plan, to establishing the Consumer Bank Intake Team for CIT’s Paycheck Protection Program efforts.
“Laurie has been instrumental in stabilizing the data integrity of our CRA and Home Mortgage Disclosure Act (HMDA) client records over the course of the last three years,” said Steve Solk, President of Consumer Banking at CIT. “This was an especially challenging and remarkable accomplishment, given that the business line data processed was submitted from multiple distinct platforms.”
“Alfredo deHaas consistently demonstrated a passion for fulfilling regulatory compliance obligations and providing his colleagues with thoughtful analysis of data to help them make better decisions. Laurie Myers exemplifies these same qualities,” said Steven Meirink, Executive Vice President and General Manager at Wolters Kluwer Compliance Solutions. “We have tremendous respect for Alfredo, and it is a great pleasure to recognize Laurie’s dedication and contributions to data analytics through this award.”