Frank Gargano

The National Credit Union Administration took steps to increase hires of women, minorities and people with disabilities in 2021, making its staff more representative of the general population.

Viktoria Earle, who has been with the credit union since 2013, will take over for Craig Weber in May.

In global news this week, The Bank of London named Tom Wood its next deputy chief executive for the United Kingdom market, Tencent began testing a digital wallet that supports transactions in e-CNY China's central bank digital currency, Uber's online order and delivery platform expanded its payment acceptance choices to include Rakuten Pay, and more.

The Consumer Financial Protection Bureau is examining whether artificial intelligence discriminates against minorities and other applicants. But GreenState Credit Union in Iowa says the technology can be harnessed to make lending fairer in underserved communities.

Matt Rookard, who has worked on economic development initiatives in the state, will succeed Bob Gallman, the former president and chief executive, on May 2.

Stephen Owen has worked for Bank of America and OnPoint Community Credit Union in Oregon, and will succeed Charles Bruen at the Hollywood-based credit union.

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.

Corrie Rozell, who has been interim chief executive since January, will adopt the role permanently.

By putting younger, more diverse talent in executive roles, CEOs of institutions such as Kaua'i Federal Credit Union in Hawaii and OnPath Federal Credit Union in Louisiana are taking steps to better represent the communities they serve.

Jason Osterhage was most recently executive vice president and chief operating officer of Texas Dow Employees Credit Union in Lake Jackson, Texas.

The bill, designed to enhance branch safety, was passed as part of the $1.5 trillion omnibus spending package signed by President Biden.