Academic journal article ABA Banking Journal

New at ABA: Corey Carlisle, Focused on Communities

Academic journal article ABA Banking Journal

New at ABA: Corey Carlisle, Focused on Communities

Article excerpt

A regulator held a community development conference recently, and no bankers were on the program. That astounded Corey Carlisle. Having spent several years at one of the better-known nonprofit community development organizations in Washington, he was used to collaborating with large and small banks on development projects. He knows this is what banks do--it's in their DNA.

Carlisle joined ABA in March as senior vice-president, Bank Community Engagement. A key part of his job will be to manage the newly formed Banker Community Engagement Council. It pulls together two ABA affiliates: ABA Education Foundation and ABA Housing Foundation.

By hiring Carlisle and creating the council, ABA seeks to elevate issues and best practices associated with financial literacy, affordable housing, and other community development and philanthropic work.

"This is not so much an increase in industry focus on these activities" says Carlisle, "as it is an increase in visibility--internally and externally." The intention, he says, is to talk more about banks' community development work, highlighting what members are doing.

The North Dakota native comes to the job with relevant experience. After obtaining a masters from the London School of Economics and Political Science, he worked for about three years for Sen. Kent Conrad (D.-N.D.), the recently retired chairman of the Budget Committee. Then he moved to the private sector, working for First Franklin Financial, a subsidiary of National City Corp., and Countrywide Home Loans. …

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