JAN 6, 2014 3:24pm ET

Pulaski in Missouri Names Co-Heads for Mortgage Division

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Pulaski Financial in St. Louis has appointed two executives to lead its mortgage division.

Chris Simms and Steve Greiff will be co-presidents of the division, according to a report in the St. Louis Business Journal. Simms previously served as senior vice president of capital markets; Griff was senior vice president of mortgage operations.

The former head of the mortgage unit, Brian Boyles, resigned in October.

The $1.3-billion-asset Pulaski announced in October that a commercial borrower had defrauded the company of $7 billion in loans. The fraud forced Pulaski to lower its fiscal-year earnings by nearly a third, to $8.3 million.

Pulaski has 13 branches in Missouri, according to the Federal Deposit Insurance Corp.

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