Citizens names Schuppenhauer president of mortgage banking

PROVIDENCE – Citizens Bank last week named Eric Schuppenhauer as president of its mortgage banking division.

Schuppenhauer joins the Providence-based bank from Capital One where he was head of its mortgage business. As of Dec. 31, Citizens reported residential mortgages totaled $17 billion of its $110.6 billion in loans and leases.

Schuppenhauer has more than 15 years of senior mortgage-industry experience, according to a press release, and has held leadership positions at JPMorgan Chase and Fannie Mae.

“I am confidence that Eric’s deep expertise will help us take our home-lending business to the next level, further accelerating growth and enhancing our direct-to-consumer and digital capabilities,” said Brad Conner, vice chairman and head of consumer banking.

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Schuppenhauer replaces Chris Nard, who led the mortgage division since 2015. The bank said Nard is leaving to “pursue other opportunities.”

Citizens Bank is the largest Rhode Island-based bank and a wholly owned subsidiary of Citizens Financial Group Inc. with $152.3 billion in assets.

Eli Sherman is a PBN staff writer. Email him at, or follow him on Twitter @Eli_Sherman.