Succession planning

After enduring a slew of post-crisis scandals, bankers are beginning to see the light on becoming stewards of their organizations.

Four Oaks Fincorp in Four Oaks, N.C., has appointed Lisa Herring chief operating officer of the company and Four Oaks Bank & Trust.

Oak Valley Bancorp in Oakdale, Calif., has promoted Jeff Gall to chief financial officer. Gall had been the vice president of finance and accounting.

Prime Meridian Holding in Tallahassee, Fla., has tapped a board member to serve as its new chief financial officer.

KeySavings Bank in Wisconsin Rapids, Wis., has promoted a vice president to chief executive.

Franklin Savings Bank in Franklin, N.H., has tapped its chief operating officer to succeed Jeffery Savage, when he retires as CEO next year.

Rockhold, Brown & Co. Bank in Bainbridge, Ohio, has tapped its chief financial officer to succeed Bill Hubbard as chief executive.

First Farmers and Merchants in Columbia, Tenn., promoted Brian Williams to president of both the holding company and First Farmers and Merchants Bank. The $1.2 billion-asset company also named Timothy Pettus vice chairman of the holding company and bank.

For steering the Winston-Salem, N.C., company through an extended period of industry adversity, while providing a blueprint for large-scale M&A, King has been named American Banker's Banker of the Year for 2015.

First United Corp. in Oakland, Md., has named Carissa Rodeheaver chairman and chief executive.