Succession planning

The decision to keep a retiring CEO on the board and as a member of senior management can be a real detriment to the new CEO, according to one credit union executive.

Elevations CU beefs up its mortgage department with a trio of key hires and more promotions, awards and appointments throughout the industry.

BECU names new CFO, First Capital makes changes to board and other promotions and new hires in the industry.

After 53 years of service, Gene Brody passes the gavel to EVP Anthony Grigos. Brody will continue to serve as board treasurer and chief strategy officer.

One VP earns a special recognition from a local organization and other awards, new hires and promotions at credit unions across the country.

Three years after retiring, Darrell Merkel is returning to SAFE FCU, this time as CEO.

Credit unions across the country are looking for talent, both internally and externally, leading to a bevy of promotions, appointments and new hires.

Jefferson Harralson, the Georgia company's new chief financial officer, had covered banks at Keefe, Bruyette & Woods for 15 years.

John Fawcett, previously CFO at Citizens Financial in Providence, R.I., will succeed Carol Hayles.

The library will be part of the CUNA Research Center and is intended as the "exclusive physical and digital repository" of U.S. credit union history.

Ashton Ryan, who had been removed as CEO in December, had been serving as its president. The New Orleans company also agreed to sell preferred stock to directors to help it make payments tied to its subordinated debt.

The San Antonio company named Chad Borton, previously head of consumer banking at Fifth Third Bancorp in Cincinnati, for the role. Fifth Third has named Philip McHugh as his successor.

'Tis the season for annual meetings and board elections, as several CUs reveal new directors and more new hires, promotions and awards.

Tim Carlisle will move to the CEO spot at CTFCU having already held a number of other executive positions at the $224 million-asset institution.

Dean Odle takes over for Robin Lentz, who retired after 37 years at the helm.

EVP Randy Beck, an employee at Royal CU for more than 40 years, will put his retirement on hold to lead the credit union during the search for a permanent CEO.

A quartet of officers were promoted to vice president status and more new hires, promotions and honors.

The Buffalo, N.Y., company is filling gaps created when Mark Czarnecki, its former president, died in February after a battle with pancreatic cancer.

Live Oak Bancshares in North Carolina has hired Scott Custer to run its bank. Custer recently resigned as a consultant to F.N.B. Corp. in a move that took place days after F.N.B. bought Yadkin Financial, where he had been president and CEO.

Credit unions across the country share news of new hires, promotions, board elections and more.