Dollar Bank in Pittsburgh has named James McQuade its CEO-in-waiting.

McQuade will succeed Robert Oeler on Nov. 1 as president of the $7.2 billion-asset mutual thrift, according to a news release. McQuade then will become chief executive some time next year, when Oeler retires from that position.

McQuade has worked at Dollar for 20 years, currently as executive vice president of retail banking. He manages Dollar's branches, loan centers, card operations, security and facilities, retail training and other operations.

Dollar Bank operates 67 branches in the Pittsburgh and Cleveland areas.

Oeler has been Dollar's president and CEO since June 2007, when he succeeded Stephen Hansen, who had held the titles since 1982. Oeler joined Dollar in 1973, holding numerous titles, including chief operating officer and executive vice president.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.