Former President and CEO of the Louisiana Bankers Association
The current president and CEO of the North Carolina Bankers Association, Peter Gwaltney was president and CEO of the Louisiana Bankers Association and Senior Housing Crime Prevention Foundation from 1999 to 2006. In his oral history, he relates his personal experience as a homeowner to illustrate the practices that banks and lenders used prior to the market crash. Additionally, drawing from his experience working in Louisiana, Mr. Gwaltney analyzes the market crash specifically in the aftermath of Hurricane Katrina and Rita. He also lays out what he believes caused the 2008 crisis: pervasive greed within the financial sector.
Date Recorded:
March 18, 2020
Interviewed by:
Michael Cai
Peter Gwaltney is the current President & CEO of the North Carolina Bankers Association and the former President & CEO of the Louisiana Bankers Association from 1999 to 2006, where he worked with member banks to shape banking policies in the Louisiana legislature and with the congressional delegation in Washington, D.C. Gwaltney also led banking recovery efforts in the aftermath of Hurricane Katrina and Hurricane Rita in 2005. In 2007, Mr. Gwaltney transitioned to the Senior Housing Crime Prevention Foundation, where he expanded programs to counter housing abuse practices in the senior living space. He served as President and CEO of this nonprofit foundation until 2015, when he accepted his current position as President & CEO of the North Carolina Bankers Association. Gwaltney holds a Bachelor of Arts from Louisiana State University.
