If credit union boards of directors don't shape the organization's culture and responsiveness for whistleblower situations, the institution will suffer consequences to both its balance sheet and reputation.

Goldman’s next CEO pushes for more women in senior roles. Fifth Third’s program to retain new moms is working. And there’s good news and bad news at Bank of America, as it bulks up on female summer interns but pays out millions to an exec fired over sexual harassment claims.

These 10 semifinalists for CUES' "Next Top Credit Union Exec" competition have put forth projects ranging from upgrading onboarding to modernizing the youth savings experience.

Rose Ellis Baggerly started at the Virginia-based CU in 1979 as a teller and was appointed to the top job in 1997.

The company, which is dealing with a lawsuit from the Federal Trade Commission tied to certain fees, hired Ronnie Momen from GreenSky as its chief lending officer.

New board elected at Mississippi league, PenFed president earns special recognition, and more new hires, promotions and appointments.

Within its complaint, a Long Island housing group claimed the CU violated state laws against discrimination, as well as the federal Fair Housing Act.

Bank of America has agreed to pay a multimillion-dollar sum to settle a defamation claim brought by former executive Omeed Malik, who was fired by the bank earlier this year, according to a person familiar with the matter.

Sarah Spooner moves from chief financial officer to the corner office.

Alexandria Partners’ CEO asks InVest Conference attendees how much they assume they are being clear.

Panelists: Renée D. Brown, CMO, Retail Financial Services, TIAA; Steven Dorval, President, John Hancock Personal Financial Services; Matt Fellowes, CEO, United Income; Roger Lee, CEO and Co-Founder, Human Interest

Panelists: Millie Arora, Political Scientist and Economist, ReD Associates, Nimish Shukla, CFA, Co-Founder and Head of Retirement Income Blueprint Income

CU executives are taking the reins at one corporate credit union, plus more news of new hires, promotions and accolades at CUs across the country.

CEO base salary was up by 7.5 percent from 2017 to 2018, CUES reported, while COOs saw compensation rise by more than 9 percent.

Mayor Eric Garcetti signed an ordinance Monday that establishes new requirements for banks that want to do business with the city. The rules are thought to be the first of their kind nationally.

A tighter labor market and declining demand for compliance employees are expected to slow down hiring at banks in the coming year.

After the Cincinnati bank started a personal assistant service for new mothers, it learned new parents needed help with budgeting, and that motivated it to team up with a Goldman Sachs firm to establish a financial wellness program for all its employees.

Mark Herter has been with the credit union since 1985 and will be succeeded as CEO by current president Laura Campbell.

Current CEO Bill Butler will retire in June 2020, at which time COO Christy O’Connell will take the helm.

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