Career moves

Middlesex Savings Bank in Natick, Mass., has promoted a senior banker to chief commercial credit officer.

PayPal Holdings has named the head of a cryptocurrency firm to its board.

Codorus Valley Bancorp in York, Pa., will soon have a new leader for its bank.

The credit union movement soon will lose yet another iconic figure, as Stan Hollen announced he will retire as president and CEO of CO-OP Financial Services on May 31.

Umpqua Holdings in Portland, Ore., has hired Tory Nixon, who played for the San Francisco 49ers in the 1980s, as head of commercial banking.

Valley National Bank in Wayne, N.J., has a new chief administrative officer.

Mary Kay Bates, who had been chief operating officer in January 2014, was promoted to president of the $724 million-asset bank in Spirit Lake, Iowa.

David Foss is set to become chief executive of Jack Henry & Associates in July. He will remain president of the technology and payment processing services provider.

Two new chief operations officers, a chief risk officer and a chief audit executive joined the C suite and other credit union professionals in the news.

ALEXANDRIA, Va. – Just hours after President Barack Obama announced his intent to nominate NCUA Board Member J. Mark McWatters to the Board of the Export–Import Bank of the United States, McWatters said he remains focused on his work with credit unions.