Career moves

Texas Capital Bancshares in Dallas has named TSYS Chief Information Officer Patty Watson to its board.

Patricia Watson joined the board of the $19 billion-asset Texas Capital on Friday. Watson has been chief information officer at TSYS, a payments processor based in Columbus, Ga., since September.

Silver State Schools Credit Union on Friday said Andrew Hunter, who has served as its president and CEO since July 2011, will retire on April 4, and will be succeeded by Scott Arkills.

Bridgewater Savings Bank in Raynham, Mass., said that its chief executive, James Lively, will retire on Dec. 5 and that Peter Dello Russo, its president and chief operating officer, will succeed him.

Malvern Bancorp in Paoli, Pa., has named Howard Kent chairman of the company and of the $727 million-asset Malvern Federal Savings Bank.

Fauquier Bankshares in Warrenton, Va., has named a North Carolina community banker as its new chief executive.

First Sound Bank in Seattle has recruited chief financial and administrative officers from rival banks.

Freedom Bank of Virginia in Fairfax has named to its board a consultant to a fund that recently invested in the bank.

Sanford "Sandy" Weill, the former head of Citigroup, has stepped down as chairman of Hamilton Insurance Group in Bermuda.

Whitefish Credit Union business lending office announces four moves, Pennsylvania CU Foundation board news and more.

Glen Burnie Bancorp in Maryland has appointed a successor to its outgoing president and chief executive.

The chief financial officer at Synovus Financial in Columbus, Ga., plans to retire later this year.

A senior Bank of America tech executive has migrated about 20 blocks south in New York (from Bryant Park to Madison Square Park) and into a very different world, offering platform-as-a-service to banks and other customers.

Though the bank that was dedicated to helping former slaves gain access to financial services failed, that same basic mission — bringing affordable financial service to people of modest means — would carry on in credit unions. In honor of Black History Month, Credit Union Journal looks at the history behind this special bank that still serves as inspiration for CUs that primarily serve African Americans today.

JPMorgan Chase Chief Executive Officer Jamie Dimon bought 500,000 shares of the bank’s stock on Thursday, a person familiar with the decision said.

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

Two female executives earn recognition, a state legislator is honored and other CU professionals in the news.

The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer.

The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer. Her hiring comes as the $4.8 billion-asset company works to shore up its risk and compliance management.