About me
Bruce W. Schultz is Senior Vice-President for Community Development & Public Banking/CRA Officer for Gateway First Bank headquartered in Jenks, OK. In his role at Gateway, Bruce oversees Community Reinvestment Act compliance along with leading community development strategy and execution for the Bank’s residential mortgage lending, bank lending, investments, and services performance. He also co-leads the Bank's public banking initiative which provides banking services to municipalities, schools, counties and nonprofits, including deposit generation from other financial institutions to be placed at Gateway, a Native American Minority Depository Institution (MDI).
With more than two decades in community banking, Bruce has served in a variety of senior management capacities where he has led residential mortgage originations, secondary marketing, product development, compliance, investor relations, and operational risk functions. Having started as a mortgage loan originator, Bruce still possesses an active NMLS number and prides himself on staying current with the trends and issues facing the mortgage banking industry.
Bruce is a strong advocate for the role that community banks such as Gateway play in strengthening families and communities by providing paths to affordable and sustainable homeownership. He serves as Vice-Chair of the American Bankers Association’s Mortgage Markets Committee and is a member of the ABA’s CRA Working Group as well as a member of Freddie Mac’s Affordable Housing Advisory Council, and the Oklahoma Affordable Housing Coalition’s Board of Directors. In January of 2024, Bruce was appointed to a 3-year term on the Federal Reserve Board of Governors’ Community Advisory Council (CAC), where he presently serves as Vice-Chair. The CAC is an advisory group to the FRB on issues of community development impacting low- and moderate-income communities across the country.
A native of the wind-swept prairies and red dirt of Northwest Oklahoma, Bruce is a graduate of Oklahoma State University where he earned his B.A. and General Honors Award in Economics and met his wife and fellow OSU alum, Julie, who is an elementary school teacher. Bruce and Julie reside in the Tulsa area and have two grown children, Abigail, also an elementary school teacher, and Alexander, a student at Oklahoma State University.
