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Kevin M. Cuff Joins Leader Bank

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.”
 
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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