Douglas L. DeFries, President and CEO of Bank of Utah announced recent changes reflecting the company’s growth and commitment to build the Bank for the future.
Roger G. Shumway, Executive Vice President and Chief Credit Officer will change some of his responsibilities and now oversee wealth management, collections and special projects. In addition, he will be transitioning his credit risk management responsibilities over the next year. Shumway has played a key role in supporting the development of Bank of Utah’s lending programs during his 22-year tenure at Bank of Utah. In total, he has worked in banking for more than 40 years, holding positions at Wells Fargo, First Security Bank and Zions Bank. Shumway graduated from the University of Utah with a BS in Business-Finance. Shumway is chair of the American Bankers Association commercial real estate lending committee. He is also active in the Boy Scouts of America.
Cari Fullerton, Commercial Lending Team Leader for Bank of Utah, has been named Senior Credit Administrator and will become part of the Bank’s senior management team. She will oversee loan operations and loan servicing, and will be assuming credit risk management responsibilities. Fullerton has been with Bank of Utah since 1997 and has been recognized by Utah Business Magazine as one of the most successful and influential women in Utah. She is a board member of Youth Impact and serves as capital campaign chair for the $1.5 million education center effort. Fullerton is a graduate of Montana State University with degree in finance and minor in economics. She is also a graduate of Pacific Coast Banking School.