Kindur and Finhabits are trying to create retirement plans for people who lack them. Are banks missing an opportunity?

Marc Schaefer, who has led the credit union since 1995, has announced plans to retire. President Todd Hall will take the helm on Jan. 1, 2020.

Timothy L. Anderson, who has held C-level positions at a number of other credit unions, including Government Printing office FCU and Treasury Department FCU, has taken over following CEO Kenneth Kramer's departure.

A hot job market and the ongoing wave of CEO retirements mean credit unions need to be thinking well beyond the corner office when considering recruitment and retention.

The Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs.

Bruce Adams, who previously served as general counsel to Connecticut Lt. Gov. Nancy Wyman, will join the Credit Union League of Connecticut next month.

New tech-focused programs for employees can help banks evolve from within.

While executives at the Buffalo, N.Y., bank said they would take a closer look at spending, especially given the potential for interest rate cuts, they described investments in tech talent as an essential cost of doing business.

A number of credit unions have promoted employees from within their ranks while others have announced new hires.

The offering would mirror a similar move by Charles Schwab to offer clients a new pricing plan for its robo service.