Succession planning

Colony Bankcorp has recruited two executives in addition to buying a branch and a vacant lot from Planters First Bank.

First Hawaiian, which is currently being spun off from BNP Paribas, has hired Ravi Mallela as chief financial officer.

Shemara Wikramanayake’s appointment is termed a “landmark”; the company’s stock falls 3% despite a 28% earnings increase.

Key promotions and new hires are aimed at beefing up sales and service.

In addition to leading the company’s national business banking efforts, Peter Sefzik will also oversee small-business banking. Brian Foley, the chief credit officer for the Texas market, will succeed him as market president.

The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president.

The $471 million-asset credit union has retained an outside source to conduct a search for Eileen Rivera's successor.

Purchase of data firm and cancellation of a stock buyback rile shareholders; smaller banks are concerned tariffs could hurt business lending.

Texas Credit Union Commissioner Harold E. Feeney plans to retire at the end of this year.

Brand comes to Empower from Evergreen Credit Union, where he has served as president and CEO since 2011.