Career moves

CIT Group will pay about $60 million in severance to 14 executives who have been dismissed or left the company, as it continues to shuffle its executive lineup following its August acquisition of OneWest Bank.

Bank of Lancaster in Kilmarnock, Va. has promoted Susan Pittman to the newly created position of chief lending officer.

NAFCU has promoted Carrie Hunt to executive vice president of government affairs and general counsel.

Align Commerce, a San Francisco-based firm focused on cross-border payments for small and midsize businesses while expanding the use of blockchain technology to move currency, has hired Intuit veteran Jay Hansen as compliance officer and general counsel.

Cardinal Bankshares in Floyd, Va., has named a new chairman and made additional executive appointments ahead of its merger with Grayson Bankshares in Independence, Va.

First Republic Bank in San Francisco has promoted Jason Bender to chief operating officer.

Golden 1 welcomes three to the C suite and more new hires, promotions and appointments.

First Republic Bank in San Francisco has promoted Mike Selfridge to the newly created role of chief banking officer.

Santander Consumer USA Holdings in Dallas has named Ismail "Izzy" Dawood as chief financial officer.

The $641 million-asset mutual thrift promoted Scott Cote to chairman, according to a Friday news release.

California Bank & Trust in San Diego has given its chief financial officer the additional titles of president and chief operating officer.

First National Bank of Orwell in Vermont has named Bryan Young chief executive. Young, 38, will succeed his father, Mark Young, as CEO of the $56.1 million-asset bank beginning Jan. 1.

The $364 million-asset company named Steve Rownd to the positions, effective Jan. 1. Rownd will also be named president and CEO of FNB Bank.

Verifone has appointed former Oracle executive Christophe Job as a senior vice-president and chief technology officer in charge of global solutions delivery.

Flagstar Bancorp in Troy, Mich., has picked Andrew Ottaway for the newly created position of managing director of lending.

First Republic Bank in San Francisco has extended the contract of longtime Chairman and Chief Executive James Herbert for another two years.

The $140 million-asset company said in a press release Thursday that Martin May would also become its president.

Wednesday’s mass shooting at a county facility that serves people with developmental disabilities hit very close to home for two local credit unions.

Huntington Bancshares in Columbus, Ohio, has brought on industry veteran Tom Wirth to fill the newly created position of auto finance product and strategy director.

ChoiceOne Bank in Sparta, Mich., has appointed Bradley Henion chief lending officer.