Career moves

Unitus Community Credit Union, a $1-billion institution based in Portland, Ore., said its board of directors named Steven Stapp as its new president and chief executive officer, following a national search.

The $7.5 billion-asset company said in a press release Thursday that Curtis Glovier had become chairman and chief executive of Pensco Trust Co.

The Bancorp has named Hugh McFadden its chief operating officer, replacing an executive who had joined the Wilmington, Del., company just 16 months earlier.

Former U.S. Rep. Steve LaTourette, original co-author of the Credit Union Membership Access Act, passed away on Wednesday night after battling pancreatic cancer. He was 62.

Community Bank of the Chesapeake in Waldorf, Md., has handed its chief risk officer some serious additional duties. James Burke became president of the $1.2 billion-asset bank on July 28; he will remain risk chief and an executive vice president, also.

Digital Asset Holdings has hired a former RBS executive to be its chief financial officer. The hire was one of several new recruits the New York blockchain startup announced Tuesday.

Some branch deals come with added value. A case in point is the $2 billion-asset Old Second Bancorp's agreement to buy a branch in Chicago from Talmer Bancorp in Troy, Mich. in a deal that includes deposits, assets and a vice chairman.

Indiana MBA taps CU mortgage officer for board seat and other credit union advocates in the news.

A BB&T unit that finances power equipment has a new president.

Credit unions give back with book drives, first-time homebuyer tutorials and more.

Middleburg Financial in Virginia, which recently faced criticism from its biggest investor, has a new chairman.

Briarwood, N.Y.-based Melrose Credit Union has announced the appointment of Steven Krauser as interim CEO after the $1.9 billion credit union fired previous CEO Alan Kaufman, who held the position while the CU’s investments in taxi medallion loans hit worrying levels of delinquency.

State Employees' Credit Union in Raleigh, N.C. has announced that Michael Lord will succeed longtime CEO Jim Blaine as president and CEO of the $33 billion CU.

The former C1 Financial chief, expected to play a critical role at Bank of the Ozarks, resigned just a week after his company's sale. Thanks to a lengthy noncompete, it could take years to determine his next move.

SIU credit union announced Mike Lantrip as the new President/CEO of the $320 million CU effective Aug. 1. Lantrip replaces interim President/CEO William S. Capie.

Brent Beardall, who has been with Washington Federal since 2001, was named president of the $14.8 billion-asset company and its primary banking unit and retains his job as chief banking officer.

Three CUs beef up their loan departments and other CU advocates in the news.

Credit unions make their mark the Republican National Convention, dig deep for kids and more.

Fifth Third Bancorp in Cincinnati has fired its chief legal officer over what it describes as a conflict of interest.

Charter Oak FCU receives lending kudos, Coastal FCU hires two and more.