Pulaski in Missouri Names Co-Heads for Mortgage Division

By Sarah Todd January 06, 2014, 11:01 a.m. EST 1 Min Read

Community banking

Pulaski in Missouri Losing Mortgage Head

Pulaski Financial (PULB) in St. Louis is losing the president of its mortgage division.

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Pulaski in Missouri Buys Back $6M of Tarp Shares

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Community banking

Pulaski in Missouri Reports $7 Million Customer Fraud

Pulaski Financial (PULB) in St. Louis said Monday that it had discovered a fraud scheme by a commercial borrower that wiped out the profit for its latest quarter and nearly a third of its annual profit.

By Sarah Todd

November 11

Pulaski Financial (PULB) in St. Louis has appointed two executives to lead its mortgage division.

Chris Simms and Steve Greiff will be co-presidents of the division, according to a Friday report in the St. Louis Business Journal. Simms previously served as senior vice president of capital markets; Griff was senior vice president of mortgage operations.

The former head of the mortgage unit, Brian Boyles, resigned in October.

The $1.3 billion-asset Pulaski announced in October that a commercial borrower had defrauded the company of $7 billion in loans. The fraud forced Pulaski to lower its fiscal-year earnings by nearly a third, to $8.3 million.

Pulaski has 13 branches in Missouri, according to the Federal Deposit Insurance Corp.

Sarah Todd

Deputy Editor, BankThink

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