TULSA, Okla.--(BUSINESS WIRE)--
BOK
Financial (NASDAQ: BOKF), a $30 billion regional financial services
company based in Tulsa, Okla., has named Glenn Brunker to lead BOK
Financial Mortgage. Brunker most recently served in an executive
leadership role in mortgage banking at Fifth Third Bancorp, a $140
billion financial services company headquartered in Cincinnati.
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Glenn Brunker has been named president of BOK Financial Mortgage. In his new role, Brunker will manage all mortgage origination channels. (Photo: Business Wire)
Brunker brings nearly 30 years of financial industry experience to BOK
Financial Mortgage. His diverse background in mortgage and consumer
banking includes credit risk management, compliance, production
operations and secondary marketing experience, in addition to mortgage
channel management. Prior to Fifth Third, Brunker served as an executive
leader in mortgage banking at National City Bank in Dayton, Ohio,
president of Oak Street Mortgage in Carmel, Ind., and CEO of ABBCO
Mortgage in Tampa, Fla. Brunker also spent five years with Bank One in
Indianapolis where he developed and implemented the direct lending line
of business.
“Glenn has a strong history of leading multiple mortgage origination
channels like ours while ensuring compliance and regulatory execution,”
said Pat Piper, executive vice president for Consumer Banking Services
at BOK Financial. “His demonstrated record of leading through both
growth-oriented and challenging market environments for sustained
success, while maintaining strong credit quality, makes him an excellent
addition to our team.”
In his new role, Brunker is charged with managing all mortgage
origination channels.
“Retail mortgage has been one of BOK Financial’s most successful lines
of business in recent years. We’ve also experienced especially strong
growth in our correspondent lending business and our HomeDirect Mortgage
online channel,” added Piper. “Glenn’s experience in leading rapid
expansion business efforts is a great fit for the growth in both
personnel and geographic coverage we’re anticipating across our mortgage
servicing channels in the coming months.”
BOK Financial’s correspondent
lending broke into the top 25 of correspondent investors in 2014
generating $1.97 billion in fundings, a 60 percent increase from 2013
and greater than the cumulative fundings of the channel’s first two and
a half years combined.
HomeDirect
Mortgage, the company’s newest mortgage delivery channel launched in
2013, provides online mortgage lending to clients in 47 states and the
District of Columbia. HomeDirect ended 2014 with $428.9 million in
originations. It has funded $495.9 million in just the first five months
of 2015.
BOK Financial Mortgage’s servicing arm also remains strong with an $18.7
billion servicing volume as of May 31, which represents 128,000
customers and has operations in 15 cities across an eight-state
footprint: Arizona, New Mexico, Colorado, Texas, Oklahoma, Kansas,
Missouri and Arkansas.
Brunker replaces Ben Cowen, who resigned from BOK Financial earlier this
year to pursue another career opportunity.
About BOK Financial Corporation
BOK Financial Corporation is a $30 billion regional financial services
company based in Tulsa, Oklahoma. The Company's stock is publicly traded
on NASDAQ under the Global Select market listings (symbol: BOKF). BOK
Financial's holdings include BOKF, NA, BOSC, Inc. and The Milestone
Group, Inc.BOKF, NA operates TransFund, Cavanal Hill Investment
Management, MBM Advisors and seven banking divisions: Bank of
Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Kansas City,
Bank of Oklahoma, Bank of Texas and Colorado State Bank and Trust.
Through its subsidiaries, the Company provides commercial and consumer
banking, investment and trust services, mortgage origination and
servicing, and an electronic funds transfer network. For more
information, visit www.bokf.com.
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BOK Financial Corporation
Leah Harper, 918-588-6584
BOK
Financial Media Relations
lharper@bokf.com
Source: BOK Financial Corporation