J.F. “Chip” Morrow
Nationwide Coverage
Phone (866) 365-7212
Fax (866) 869-4062
E-mail: jfmorrow@earthlink.net
www.Jfmorrow.com
QUALIFICATIONS
32+ years management experience in all areas of financial institutions.
31+ years loan experience in all types of lending.
11+ years Financial Institution President, C.E.O. & Director.
22 years of mortgage lending.
7+ years as a mortgage company director.
15+ years of leadership in banking trade associations at the state and national levels.
Court approved expert witness in all areas involving financial institutions and mortgage operations.
WORK HISTORY
October 1995
To present Expert Witness consultant
Employed by various attorney firms and their clients regarding financial and/or banking matters in litigation.
April 1998
To February 2000 Senior Vice President, Preferred Bank
Los Angeles, CA
Member of Senior Management responsible for developing new real estate, business and international loans and deposits business. Involved in compliance issues and bank lending matters.
June 1995
To April 1998 First Regional Bank
Century City, CA
Responsible for developing new real estate, business, consumer and international loans. loans and deposits business. Involved in compliance issues and bank lending matters.
June 1990
To June 1997 Founder & Director, ICBA Mortgage Co.
Arlington, VA
Monitored planning, policies, contracts and marketing for this company that provided all levels of mortgages for SFR and manufactured housing through over 1000 financial institutions in all 50 states.
November 1994
To November 1995 Organizer, Pacific Coast Bankers’ Bank (In Organization)
San Francisco, CA
Researched, generated and submitted a full marketing study, business plan, capital plan, loan and operations polices and procedures to the regulators for this proposed correspondent bank owned and operated by independent banks.
April 1983
To October 1994 Founding President, Chief Executive Officer & Director
Marathon National Bank & Marathon Bancorp, Los Angeles, CA
Started the bank in 1983 and achieved over $175 million in assets. Wrote, developed and implemented policies and procedures, documentation and systems for loans, operation, compliance, administration and internal audit. Initiated a mortgage operation as well as mortgage warehousing lines of credit. Member and/or Chairman of all bank and director committees.
January 1982
To March 1983 Regional Vice President, The Bank of Orange County
Fountain Valley, CA
Key member of Senior Management and Loan Committee. Responsibilities included management of banking operations, and lending for the entire Los Angeles County.
August 1977
To January 1982 Vice President, Imperial Bank
Inglewood, CA
administered 17-branches, bank-wide loan portfolio including commercial real estate, business, and international loans.
June 1967
To August 1977 Bank of America
Los Angeles Area
Held various lending, management and operation positions.
EDUCATION
Certificate of Graduation, Pacific Coast Banking School, Univ. of Washington, 1982
All training courses related to lending given by Bank of America, 1971-1977
Post-graduate work, University of California, Los Angeles, 1973, 1974
Bachelor of Science, University of California, Los Angeles, 1970
PUBLISHED ARTICLES
Over 17+ years of in-house, industry, and outside expert witness experience including testimony before government committees and agencies, Federal and State courts.
Worked both for defendants and plaintiffs: banks, commercial entities, individuals and the F.D.I.C.
Court approved expert witness in most financial/banking areas including business, construction and real estate lending, operations, fiduciary duties, fraud, conversion, secondary offerings, public offerings and international transactions.
"So That's What Commercial Lending Is!", The Roar Newsletter, Imperial Bank.
"Need a Loan.... Learn to Think Like a Banker", Marathon National Bank Newsletter.
"International Entrepreneurship: A New Growth Area", New Management.
"Arbitration: A Legal System that Makes Banking Sense", American Arbitration Association Regional Reporter, (co-author).
"Arbitration: Working in Banking", American Arbitration Association Regional Reporter, (co-author).
SPEECHES
"Bankers' First Ten Considerations About Small- to Mid-Sized Business Loans", Presentation to various business and civic organizations.
"Ratios and Guidelines: What You Should Expect From Your Banker", Presentation to various business and civic organizations.
"Arbitration in Banking", Presentation to various banks and trade organizations
"What Makes a Premier Performing Bank," Presentation to various banks.
"Debts and Taxes", panelist, Southern California Chapter American Academy of Matrimonial Lawyers.
Various presentations as a guest lecturer at Pepperdine University and USC.
PROFESSIONAL ORGANIZATIONS AND INVOLVEMENTS
Chairman and/or member of Real Estate Lending Committee, California Bankers Association (CBA) representing over 300+ California banks, 1993 to 2000.
Founder and Past Director of ICBA Mortgage Company, 1990 to 1997.
Member, ICBA Task Force: Mortgage Lending and Operations, 1988 to 1989.
Director & Past President of California Independent Bankers-ICBA representing over 160+ California financial institutions, 1985 to 2001.
Past Director of the Independent Community Bankers Association (ICBA) which represents over 5000+ banks nationwide, 1992 to 1996.
Chairman and/or member of ICBA Bank Service Committee, 1986 to 2001.
Member, ICBA Task Force: Credit Life Insurance and Reinsurance, 1997 to 1998.
Chairman, ICBA Task Force: Title Insurance Operations for Financial Institutions, 1999 to 2001.
Member of California Department of Financial Institutions Implementation Industry Task Force, December 1996 to 1998.
Member of the Forensic Consultants Association-Orange County, 1997 to 2001.