The company will shutter the offices it inherited when it bought EverBank in 2017 and focus on lending to existing customers through digital channels. U.S. Bank will assume the leases on about 25 properties.

Credit unions have recently recognized board members for their service, named new executives overseeing lending and hired a director of brand marketing.

Mel Watt calls FHFA watchdog “sexist,” after it concludes he’s guilty of sexual harassment. State Street sues the "Fearless Girl" sculptor. Banks big and small face mounting pressure on gender pay gap and board diversity. And another top 40 U.S. bank might get a female CEO.

Even as the credit union movement becomes more inclusive, most institutions' C-suites haven't evolved.

California-based CuVantis aims to change the model for how credit unions offer financial planning by offering non-commissioned services to members.

Credit unions have announced a number of hires and promotions, including treasurer, controller and an executive overseeing market engagement.

Greg Hilbert will step down as CEO and president of the Appleton, Wis.-based institution in April 2020.

Even as the movement grows through charter changes and field of membership expansions, some observers say many boards don’t yet reflect this dynamic.

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Former FHFA Director Mel Watt attempted to coerce an agency employee to engage in a romantic relationship with him, according to an inspector general report.