Americas

Ayn Talley will step down in January, to be succeeded by the credit union's longtime executive vice president.

Anna Lo, a former NCUA examiner who previously led Pacific Transportation FCU, will take the helm next month, following the retirement of longtime CEO Lourdes Cortez.

The process will see the state's largest credit union split its president and CEO roles until longtime chief executive John Reed retires in January 2023.

Scotiabank is an early adopter of a Canadian initiative to improve liquidity for B2B transactions by speeding processing.

Irene Oberbauer spent 12 years in the credit union movement and was SDCCU's first female CEO, serving from 2007 until her retirement in 2010.

Amy Nigrelli will serve as CMO of the Albuquerque-based credit union, one of two recent personnel moves there.

Banking trade organizations are usually cautious about making endorsements. But with Democrats winning the White House and control of Congress on the line in the two races, some groups are pouring in cash for the GOP candidates.

The Washington, D.C.-based institution could see its membership grow by as much as 72% now that federal regulators have approved the move.

The company is looking to shutter 10 of its 63 branches over coming months, reflecting a shift in customer preferences.

Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.