BYRON K. REED
Plano,TX
Summary
Strategic leader in community development and real estate management, overseeing a $19M portfolio. Expertise in fostering economic well-being through innovative programs and partnerships, driving sustainable growth. Proven track record in aligning financial management with community needs to maximize organizational impact.
Overview
25
25
years of professional experience
Work History
Chief Executive Officer
REED Capital Group CDFI LLC
Plano, TX
01.2025 - Current
- Manage $19M dollar Family Legacy Real Estate Portfolio Trust through development and other financial initiatives.
- Leverage background in financial services industry, public relations, and customer relationship management and business development advancing impactful initiatives and specific growth of the real estate portfolio trust.
- Led and supported real estate development partnerships to maximize project outcomes.
- Focused on real estate development projects that supported independence and economic well-being, fostering strategic collaborations for sustainable growth of real estate portfolio trust.
- Created and implemented alternative real estate development projects to maximize opportunities for family generational wealth building.
- Manage "Legacy Estates" Master Planned Luxury SFR Community located in Gladewater/Liberty City Texas.
- Manage day-to-day operations of real estate portfolio trust, serving as Family spokesperson and representative.
- Facilitated oil and gas well drilling lease processes to optimize property use in Hawkins, Texas.
Senior Vice President, Business Advising Services
Momentus Capital
Dallas, TX
01.2022 - 01.2025
- Manage all aspects of the Momentus Capital Business Advising Services, lead hiring, retaining, coaching, and supervising for all BAS team members with accountability metrics to assess progress and course correction to ensure critical regulatory standards are implemented and in compliance.
- Managed team of momentus capital business advising services professionals while expanding into priority markets, operating in a multi-functional role on behalf of the organization.
- Serve borrowers from underestimated communities, through intentional outreach and events and provide strategic direction to a team of business advisors who consult with potential and existing small and medium-sized business owners and partners.
- Created and implemented Momentus Capital BAS 3.0 "In Community" and Performance Management Protocol to assess progress and course correction opportunities.
- Engaged key community development nonprofit ecosystem partners to establish collaborative relationships and socialize organization capacity.
- Participated in momentus capital's management leadership team, providing insights and feedback on community development market needs.
Senior Vice Senior Manager, Community Development
Texas Capital Bank
Dallas, TX
01.2021 - 01.2022
- Managed $5 million annual grant budget and engaged with key community development nonprofit organizations to fulfill Bank's CRA obligations through strategic philanthropy.
- Created and managed Bank's CRA Business Plan to position Bank as a vested stakeholder with resources and financial expertise supporting Texas community growth.
- Directed Community Development Group's lending and investment activities, and community outreach initiatives to align with the Bank's CRA requirements.
- Manage and lead all aspects of Texas Capital Bank Community & Government Relations, spokesperson responsibilities.
- Maintained a satisfactory level of CRA qualified lending, investments, services, and innovative initiatives for the Bank's assessment areas.
- Managed all aspects of the OCC CRA Exam preparation, processes, and procedures for the Bank's Assessment Areas.
President/CEO
Long Beach Center for Economic Inclusion
Long Beach, CA
01.2020 - 01.2021
- Created and fundraised over $10 million dollars to support the LBCEI programs, services, and operations.
- Designed programs and services for Long Beach Center for Economic Inclusion to empower low- to moderate-income individuals and families towards financial success.
- Coordinated operational activities and served as spokesperson to enhance organizational efficiency.
- Oversaw LBCEI Food Pantry during COVID-19 to ensure community access to essential resources.
- Ensured that LBCEI maintained a good reputation upon my departure through innovative initiatives for the Community.
Senior Vice President, Head of Community & Government Relations
CIT Bank
Pasadena, CA
01.2017 - 01.2020
- Led all aspects of CIT's Community & Government Relations and served as primary spokesperson.
- Managed all aspects of the OCC CRA Exam preparation, processes, and procedures for the Bank's Assessment Areas.
- Oversee and lead the hiring, retaining, coaching, and supervising all CD team members with accountability metrics to assess progress and course correction to ensure critical regulatory standards were implemented and in compliance.
- Coordinated Community Development Group's bank lending, investment activities, and outreach initiatives to ensure compliance with CRA requirements and secure appropriate CRA credit.
- Managed $5 million annual grant budget and collaborated with key Community Development not-for-profit organizations to fulfill CRA obligations through strategic philanthropy.
Senior Vice President, Region Director, Community Development/Relations Social Impact
Wells Fargo Bank
Los Angeles, CA
01.2008 - 01.2017
- Led management of $10 million annual grant budget and collaborated with key community development organizations to fulfill Bank's CRA obligations through strategic philanthropy.
- Effectively managed the Community Development Group to ensure the banks activities and programs meet the credit, investment and service needs of the Los Angeles Metro Region as defined by CRA.
- Ensured that all assessment areas maintain an outstanding level of CRA qualified lending, investments, and services.
- Managed the OCC CRA Exam preparation, processes, and procedures for the LA Metro Region.
- Hired, retained, coached, and supervised team members to deliver measurable business results while ensuring compliance with regulatory standards.
- Managed Los Angeles Metro Region Community Development Group P&L to enhance operational productivity and effectiveness.
- Source and refer small business, commercial, municipal, and community/economic development lending opportunities to respective line of business partner by completing preliminary credit risk due diligence.
Senior Vice President, Business Strategy Executive, Consumer Real Estate Group
Bank of America
Charlotte, NC
01.2007 - 01.2008
- Developed and managed housing strategic partnerships with Consumer Real Estate and firm-wide teams, enhancing LMI/market rate business performance.
- Evaluated and delivered business plans to strengthen relationships with external partners, advancing Consumer Real Estate CRA/LMI objectives.
- Oversaw national/local home buyer education (HBE) provider program, managing certification, training, and fee-for-service payment processes.
- Subject Matter Expert (SME) supporting the Sales Channels, Global Community Impact Group, Local Market Presidents, Secondary Marketing, Bank of America Foundation and Legal.
Senior Vice President, Small Business Banking Group, Regional Manager, Illinois North
JPMorgan Chase Bank
Chicago, IL
01.2005 - 01.2007
- Managed team of relationship managers/business bankers in IL-North Region, overseeing departmental P&L, sales goals, and objectives.
- Developed marketing strategy for lending and product bundling targeting key government and not-for-profit organizations.
- Focused on renewing SBA loan initiatives for 504 and 7A loans within the bank.
- Acquired knowledge in credit assessment for commercial, small business, and consumer lending.
Senior Vice President, Managing Director, Community Development Group Community Partnerships Office
JPMorgan Chase Bank
Chicago, IL
01.2002 - 01.2005
- Managed National Community Partnerships Office and CRA Compliance Team of 85 FTE to oversee CRA outreach activities and programs.
- Directed initiatives resulting in bank's first "Outstanding" OCC CRA examination rating for heritage Bank One franchise (16 consolidated bank charters).
- Led strategic initiatives to enhance customer experience across banking services.
- Directed cross-functional teams in developing innovative financial solutions for clients.
- Oversaw compliance with regulatory standards in all operational practices.
Education
Bachelor of Arts - Political Science/Public Administration, Business Administration/Finance
University of Oklahoma
Norman, OK05-1988
Skills
- Strategic planning
- Financial management
- Real estate development
- Business development
- Performance management
- Stakeholder engagement
- Community outreach
- Business alliances
- Program leadership
- Administrative leadership
- New market penetration
- Market strategies
- Market expansion
- Relationship management
- Staff management
- Corporate social responsibility
Timeline
Chief Executive Officer
REED Capital Group CDFI LLC
01.2025 - Current
Senior Vice President, Business Advising Services
Momentus Capital
01.2022 - 01.2025
Senior Vice Senior Manager, Community Development
Texas Capital Bank
01.2021 - 01.2022
President/CEO
Long Beach Center for Economic Inclusion
01.2020 - 01.2021
Senior Vice President, Head of Community & Government Relations
CIT Bank
01.2017 - 01.2020
Senior Vice President, Region Director, Community Development/Relations Social Impact
Wells Fargo Bank
01.2008 - 01.2017
Senior Vice President, Business Strategy Executive, Consumer Real Estate Group
Bank of America
01.2007 - 01.2008
Senior Vice President, Small Business Banking Group, Regional Manager, Illinois North
JPMorgan Chase Bank
01.2005 - 01.2007
Senior Vice President, Managing Director, Community Development Group Community Partnerships Office
JPMorgan Chase Bank
01.2002 - 01.2005
Bachelor of Arts - Political Science/Public Administration, Business Administration/Finance
University of Oklahoma