November 10 2012
Richard Hartnack Vice Chairman, US Bank to Lend Banking Expertise as Speaker and Session Co-Chair during Operation HOPE’s Global Summit
Atlanta – October 26, 2012 – The HOPE Global Financial Dignity Summit brings vice chairman of the Operation HOPE (HOPE) board of directors, Richard 'Rick' Hartnack, Vice Chairman of US Bank, Head of Consumer Banking U.S. Bancorp onboard as a speaker and Working Group Session Co-Chair at the HOPE Global Financial Dignity Summit November 14th – 15th, 2012. As Co-Chair, Hartnack will lead a conversation on “The Mortgage Crisis, The New Ownership Opportunity.”
At a time of crisis in the U.S. residential mortgage industry, lenders are preoccupied with containing the damage, in addition to working through a growing book of problem loans, and trying to rebuild both capital and core funding.The work group will examine whether or not the mortgage crisis is really over, how it impacts the rest of the world and whether or not anyone is really benefitting from the crisis itself.
Longtime supporter, Hartnack began the partnership with HOPE after making a personal visit to the then HOPE Community Office -- the Operation HOPE Home Loan Center in Leimert Park before signing off on a $25,000 grant in 1994.
He is vice chairman and head of Consumer Banking at U.S. Bancorp. He is responsible for metropolitan banking, community banking, 24-hour banking and financial sales, home mortgage, consumer lending and finance, in-store and corporate on-site banking, business equipment finance, small business banking, workplace and student banking, SBA lending, retail bank operations, corporate marketing and quality, U.S. Bancorp Investments and U.S. Bancorp Insurance.
Hartnack joined U.S. Bancorp in April 2005 from Union Bank of California, where he had served as vice chairman, director and head of the community banking group since 1991. Prior to that, he ran community banking as executive vice president at First Chicago and was in charge of corporate banking at First Interstate Bank of Oregon, where he began his banking career in 1971.
A native of Los Angeles, Hartnack earned a bachelor’s degree in economics from UCLA and a master’s degree in business administration from Stanford University. He also is a graduate of the Strategic Marketing Management program at the Harvard Business School. Hartnack and his wife, Dail, live in Minneapolis. They have three grown children.
The HGFDS is the culmination of 20th Anniversary celebrations for the financial dignity nonprofit. During the two-day event more than 1,000 financial industry professionals, community, government and faith leaders will join in a discussion to frame a positive vision of how to make free enterprise and capitalism work in a reset world.
To learn how you can participate in the HOPE Global Financial Dignity Summit, check here, or join the conversation online at our online mini-summit, Talking Dignity.