Career moves

The Defense Credit Union Council inducts four into its Hall of Honor and other credit union advocates in the news.

After 22 years with CFE Federal Credit Union, the last 19 as president and CEO, Joseph A. Melbourne, Jr., plans to retire effective March 31, 2017.

Franklin Financial Services in Chambersburg, Pa., has find a successor for its chief executive.

David Clendaniel, the CEO of Dover Federal Credit Union, a $441-million institution based in Dover, Del., said he will retire in May 2017.

The $126 billion-asset holding company for Regions Bank said Jeremy King, who had been support manager for private wealth, is now executive vice president of wealth management strategy and effectiveness for Regions Wealth Management.

Two VPs head to the C Suite and other credit union professionals in the news.

The $5.5 billion-asset company said in a press release Wednesday that Vincent Palagiano, who has been its chief executive since 1989, will retire at the end of this year. Kenneth Mahon, Dime's president and chief operating officer, will succeed Palagiano, who will remain chairman.

Iberiabank in Lafayette, La., has added a retired investment banker to its board. The $20 billion-asset company said in a press release Tuesday that Rick Maples, who once was head of investment banking at Stifel Financial, had become a director.

Franklin First Federal Credit Union has appointed one of its former tellers to its top leadership position. Michelle Dwyer will succeed Martha Richardson as chief executive and president starting July 1. Dwyer joined as a teller in 2007 and was named accounting specialist in 2013.

WaterStone Financial in Wauwatosa, Wis., has promoted from within to fill its chief financial officer role.