Career moves

Municipal CU in New York announces a bevy of promotions and more credit union professionals in the news.

Needham Bank in Massachusetts has hired a banking veteran as its next chief executive.

TriCo Bancshares in Chico, Calif., has hired a Wintrust Financial executive as its chief operating officer.

CIT Group in Livingston, N.J., has promoted Steve Solk to president of consumer banking in California.

TruStone’s Bosiacki named CEO of the Month and other CU professionals in the news.

CAN Capital said Tuesday that CEO Daniel DeMeo has been placed on a leave of absence. Parris Sanz, the company's chief legal officer, is now serving as acting CEO.

Opus Bank in Irvine, Calif., has hired a veteran risk manager to structure senior debt for commercial and specialty banking.

Glen Burnie Bancorp in Maryland has announced an executive departure for the second time in three months.

Bank of New York Mellon has created a dedicated innovation group for launching new technologies in its treasury services unit.

Debby Hopkins, chief innovation officer at Citigroup and chief executive of Citi Ventures, the bank's venture capital investment arm, is set to retire at the end of the year.

Trina Hoff, EVP at Duluth, Minn.-based Northern Communities CU, has been announced as the next CEO at the $72 million-asset credit union, succeeding Larry Champeaux, who is set to retire on Dec. 2.

The largest shareholder at HopFed Bancorp in Hopkinsville, Ky., is calling on the company's president and chief executive to resign.

Credit unions are anxiously waiting to see who President-elect Donald Trump will pick as the next Treasury secretary. Several prominent names from the for-profit banking industry have been floated for the job, though with every passing day, a new possible choice seems to pop up. Here is a look at the current crop of candidates and their chances.

Citizens Building and Loan in Greer, S.C., will have a new president and chief executive next year.

First Tech FCU tapped its industry and vendor contacts – as well as its employees and members – to raise more than $1 million for CU4Kids.

James Cope, a former Pinnacle Financial Partners director who pleaded guilty to insider trading in October, was supposed to pay a $55,000 fine as part of a plea deal. But the judge hearing the case contends he should pay more.

The longtime CEO of Oconee Federal Financial in Seneca, S.C., is handing the reins to his son. Curtis T. Evatt, Oconee's president and chief financial officer, will succeed T. Rhett Evatt as CEO of the $484 million-asset holding company and Oconee Federal Savings and Loan Association on Jan. 1.

It’s the time of year to give thanks, and some of the things credit unions are grateful for this year include continued gains in membership and loan growth, a rare alliance between CUNA and NAFCU, Wells Fargo’s misfortunes (and their potential to drive more consumers to credit unions) and, most notably, the prospect of regulatory relief under President-elect Donald Trump. Here are just a few things the movement might be celebrating this Thanksgiving.

Former BB&T Chief Executive John Allison is a late entrant on a short-list for the job of U.S. Treasury secretary, according to two people familiar with President-elect Donald Trump's selection process.

Old Dominion National Bank has opened a new office in the northern Virginia suburbs of Washington and has hired five bankers to work there.