October 27 2017
David Fehrenbacher joins Operation HOPE Midwestern Board of Directors
ATLANTA – Oct. 27, 2017 – Global financial dignity and economic empowerment leader, Operation HOPE, Inc., has named David Fehrenbacher, Senior Vice President and Community Reinvestment and Fair Lending Compliance Officer within the Risk Management Division of First Tennessee Bank, to its Midwestern board of directors.
In this role, Fehrenbacher, an experienced risk and regulatory compliance risk management and audit professional, coordinates CRA and Fair Lending compliance efforts throughout the bank and ensures the CRA and Fair Lending programs remain responsive to and are proactive in meeting the credit, investment and service needs of the Bank’s customers and communities including those in low- to moderate-income areas, and comply with regulatory requirements.
Prior to his current position, Fehrenbacher was the Deputy Corporate Auditor for First Tennessee Bank. In addition to his deputy duties, this position included directing teams that audited the Bank’s regulatory compliance management functions, including CRA and Fair Lending, as well as, loan operations, retail brokerage, investment advisory, trust, and capital markets activities. Prior to joining First Tennessee Bank, Fehrenbacher held senior credit risk assurance and capital markets audit positions at KeyBank in Cleveland, Ohio. Prior to KeyBank, David was a commissioned national bank examiner with the Office of the Comptroller of the Currency in Central Illinois and Cincinnati, Ohio.
Fehrenbacher earned a bachelor of science degree in business with majors in finance and marketing from Eastern Illinois University. He is certified in Risk Management Assurance, holds a FINRA Series 7 securities license and has completed numerous management and leadership training courses. Fehrenbacher serves as a mentor in First Tennessee Bank’s mentor program and is a member of the executive board of the Bank’s Diversity Networking Association. He also serves as mentor in the University of Memphis Mile program and volunteers at the Memphis affiliates of the Habitat for Humanity and Room-In-The-Inn for the homeless.
About Operation HOPE
Since 1992, Operation HOPE has been moving America from civil rights to "silver rights" with the mission of making free enterprise and capitalism work for the underserved—disrupting poverty for millions of low- and moderate-income families across the nation. Through our community uplift model, HOPE Inside, which received the 2016 Innovator of the Year recognition by American Banker magazine, Operation HOPE has served more than 2.8 million individuals and directed more than $2.7 billion in economic activity into disenfranchised communities—turning check cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, minimum wage workers into living wage consumers, and uncertain disaster victims into ?nancially empowered disaster survivors. Project 5117 is our multi-year four-pronged approach to combating economic inequality that aims to improve ?nancial literacy, increase business role models and business internships for youth in underserved communities, and stabilize the American dream by boosting FICO scores. Operation HOPE recently received its third consecutive 4-star charity rating for fiscal management and commitment to transparency and accountability by the prestigious non-profit evaluator, Charity Navigator. For more information: www.OperationHOPE.org. STay in touch with Operation HOPE on Twitter and Facebook @operationhope.