Career moves

Rob Picard is replacing Sue Cross, the Hampden, Maine-based credit union's long-term CEO who is retiring.

The credit card issuer has hired John T. Greene, a former pharmaceutical industry executive, to succeed Mark Graf, who announced his retirement over the summer.

The bank is adding senior tech executives from Amazon and Verizon as partners; bank allegedly inflated prices and overcharged investors for mortgage bonds.

The creator of the Zelle precursor clearXchange is heading a company building a blockchain-based international payment technology for banks.

Jay Gostonczik will head the Minnesota-based institution when Richard Nesvold retires during the first quarter of 2020.

The fifth-generation banker, who has already been serving as a central bank governor, was confirmed by the U.S. Senate in a 60-31 vote.

Corporate Central Credit Union and South Carolina Federal Credit Union made changes to their marketing teams while other institutions announced personnel changes.

Lenders considering other factors for those with bad or no credit history; the bank plans to sell its French retail unit.

Credit unions have recently promoted and hired new employees in areas such as retail management, business lending and marketing.

Mnuchin hopes to strike a deal soon to recapitalize the two mortgage giants, a prelude to privatization; the bank’s focus on mid-tier corporations is starting to bear fruit.