Frank Gargano

John Newett, who joined the credit union in 2011 and was most recently its senior vice president of operations, has become its president and will succeed Ron Collier as chief executive.

Theresa Mason will succeed longtime president and chief executive Dennis R. Adams, who announced his plans to retire from the credit union-owned share insurance fund earlier this year.

Both credit unions are based in Jacksonville. VyStar is also in the process of buying Heritage Southeast Bank in Jonesboro, Georgia.

Chuck Purvis, who has led Coastal as its president and chief executive since 2012, will step down in March of next year.

Carol Marx succeeds longtime president and chief executive Dennis Tanimoto, who retired in February.

Credit unions were unable to garner enough support for a bill that would allow them to hold funds for government agencies in the Centennial State.

Ryan Goldberg succeeded Mark Shobe, who had led the institution since 2000.

Rick Patel succeeds John Faust, who led Diamond for nearly 30 years.

The National Credit Union Administration’s effort to require succession planning has raised questions about whether the agency is micromanaging smaller institutions that may not be able to absorb the added cost of compliance.

Thomas Kevin Miller will succeed Barry Nelson, who is retiring in mid-April.