Career moves

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.

Christopher Shockley will become president and CEO of Virginia CU on March 31. He will succeed Jane Watkins, who has worked for the $2.7 billion-asset institution for 34 years.