Growing up in Anchorage, Alaska, while her father was building houses for Trans-Alaska Pipeline System employees, Kerri Schroeder knew she wanted to escape to the Lower 48 as soon as she was ready for higher education.
“Seven months of winter was a little much for me; I was ready for more seasons than that,” said Schroeder, Bank of America’s newly promoted Seattle market president. “If you talk to people who were raised in Alaska, or have lived in Alaska, you’ll find that most of us fall into one or two camps: Either they loved it and the outdoors and everything that goes along with that … or (they) really didn’t like it so much and wanted to get out and never go back. I was moreso in the latter camp.”
Schroeder said she was looking for a private school in the Pacific Northwest where she could begin a pre-med education. She found that in Tacoma’s Pacific Lutheran University.
“I was mostly paying for college myself, while racking up some student loans (she also had some scholarships). I realized that burden was going to get pretty high pretty quickly between pre-med and med school. So I decided to make a change,” she said.
Schroeder switched her focus from pre-med to business and quickly realized she had a deep appreciation for economics. She held internships with KeyBank and U.S. Bank before taking a position with Bank of America more than 18 years ago.
Today, Schroeder stands at the helm of the state’s largest region for Bank of America, which also is the largest bank in Washington by deposit. If that isn’t enough, she also serves as the bank’s national credit executive for its healthcare education and nonprofit businesses — focusing on health care, both nonprofit and for profit, as well as a variety of 501c3, nonprofit, and social service organizations — overseeing teams whose responsibility it is to structure, underwrite, and approve the lines of credit that go along with those relationships.
Though the longtime Sammamish resident could have moved to different locales throughout the country in order to better fast-track her career, she said she is glad she chose to stay in the Puget Sound region.
“Having raised children here and having family here over the years, we have just put down deep roots,” she said. “That means I might have had to be a little more patient in my career by not wanting to pick up and move halfway across the country to pursue the next job opportunity, but it’s been a tradeoff, and it’s been worth it for me to stay in the community and raise my children in a place that they love.”
Continue reading to see what this bold banker does on a typical day.
I have a full day, so the alarm went off a little earlier than usual, but Finn doesn’t mind. No time for a full walk this morning, but there’s always a few minutes to chase the ball.
It’s an early day for my fiancé, too. Ken is a commercial pilot for Delta Airlines, as well as a squadron commander in the Air Force Reserve. He’s heading to the base for flight simulator training today.
After I say goodbye to Ken, I have time for a quick cup of coffee and a glance at the financial news before I head to the gym.
Wrapping up a quick workout at the Sammamish YMCA. I prefer to do my workouts in the evenings, but I had to switch it up today.
These are Bank of America’s nonprofit partners; they are addressing economic mobility for individuals and families in the Puget Sound during our annual grantee breakfast.
We wrap up our breakfast after a great discussion about critical needs in our region — and I got to sign my first giant check as the Seattle market president.
I dial in to a monthly Bank of America market president forum to get updates from our CEO Brian Moynihan and Chief Administrative Officer Andrea Smith.
I share a laugh with Seattle Market Executive Kim Vu before we catch up on our local market business strategy. Who says work can’t be fun?
I head to Bellevue to meet with all of our Bellevue Bank of America Financial Center managers and the two co-chairs of our LGBTQ+ employee network for Safe Place training with Bellevue PD.
Back to Seattle for our final board meeting before the 2018 Special Olympics USA Games. We at Bank of America were very proud to be a platinum sponsor of the games.
Tonight, we are celebrating our colleague, small business banker Michael Bailey, as he is recognized as an outstanding voice for his work and leadership in the LGBTQ+ community.
Back at home after dinner, I practice my world-domination skills, or rather, I jump into the tail end of a quick board game to catch up with three of our four boys: Brandon, Kai, and Kayden.