Career moves

Family Trust Federal Credit Union, a $443 million institution based in Rock Hill, S.C., has named Penny Pratt as its next president and CEO.

A delegation of English and Scottish credit union professionals visiting the States offers their take on the biggest challenges credit unions face.

MainStreet Bancshares in Fairfax, Va., has hired a veteran Virginia banker as its president.

AgriBank in St. Paul, Minn., is removing "interim" from the title of its chief executive.

The $1.8 billion-asset parent of Cambridge Trust said in a press release Tuesday that Michael Carotenuto started as CFO on Monday. He succeeds Albert Rietheimer, who is retiring after serving as CFO since 2005.

Northern Trust on Tuesday promoted Michael O'Grady to president. O'Grady currently serves as head of corporate and institutional services at the Chicago-based custody bank, overseeing businesses such as asset servicing and investment management.

PeoplesBank in York, Pa., has hired Charles T. Field as its chief financial officer. The $1.5 billion-asset bank said in a press release Tuesday the Field will also be treasurer of its parent company, Codorus Valley Bancorp.

CHROME FCU adds key staff post-merger and other CU professionals in the news.

Aaron Vermut has resigned as chief executive of Prosper Marketplace, according to a report in The Wall Street Journal. Vermut stepped down last week but will remain a director at the San Francisco-based online lender, according to the report, which cites unnamed sources.

The Trump transition team is said to have recommended that Steven Mnuchin be nominated Treasury secretary. A Goldman Sachs alum, he is known as a successful change agent for his roles in the transformation of the failed IndyMac into OneWest and the revamping of CIT, but some community reinvestment advocates remain critical of him.