|[June 17, 2014]
Higher One Announces Chief Compliance Officer
NEW HAVEN, Conn. --(Business Wire)--
Higher One, a leader in providing financial services and data analytics
to more than 1,900 college and university campuses across the U.S.,
today announced that Richard J. Howells has joined Higher One as Senior
Vice President, Chief Compliance Officer. Howells will focus on
directing Higher One's compliance management program in relation to both
the banking and higher education industries and will report directly to
the audit committee of the Higher One Board of Directors.
Prior to joining Higher One, Howells served as Chief Compliance Officer
at multiple regional banks. Most recently, he served as Senior Vice
President, Chief Compliance Officer and BSA/ CRA Officer at Putnam
County Savings Bank in New York. Prior to this, he served as Chief
Compliance Officer at Farmington Bank and Union Savings Bank in
Connecticut. His extensive banking experience coupled with years of
speciaization in compliance, federal regulations and risk management
affords him the unique skill set to further grow and oversee Higher
One's compliance and regulatory management practices.
"Richard's background and experience align well with Higher One's
commitment to standards of excellence with respect to regulatory
compliance and mandates," said Marc Sheinbaum, chief executive officer
of Higher One.
Howells is a Certified Compliance Officer and Certified Risk
Professional, with other official recognitions in regulatory compliance,
computer service, banking and finance management. He holds a Bachelor of
Science degree in Accounting and Finance from DeSales University and is
President of the Bank Compliance Association of Connecticut.
About Higher One
Higher One Holdings, Inc. (NYSE: ONE) partners with colleges and
universities to lower their administrative costs and to improve
graduation rates. We provide a broad array of payment, refund
disbursement and data analytics and management tools to institutions
that help them save money and enhance institutional effectiveness. And
for students, we offer financial literacy programs and convenient,
flexible and affordable transaction options to help them manage their
finances. Higher One is a leader in higher education, supporting more
than 1,900 schools and 13 million enrolled students. More information
about Higher One can be found at www.higherone.com.
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