Succession planning

Casey Klein will begin leading the Montana-based institution next month after current CEO Darla Card retires.

Bill Knott succeeded Terrie Spiro as leader of the Maryland bank, which raised capital in 2017 by going through a complicated bankruptcy process.

The bank will divvy up Owen's responsibilities among three other executives, including Kate Danella, who will become chief strategy and client experience officer.

Chief Operations Officer Jerry Schmidt will take over at the Rapid City, S.D.-based institution in early January.

Fran Godfrey, who has spent more than 35 years at the Michigan-based institution, will step down at the end of January.

As she prepares to take over in February, Fraser says she is planning to invest in some of the bank's largest businesses, including its sprawling custody network and its burgeoning wealth management effort.

Joseph Lebel's promotion follows a third-quarter loss as the New Jersey company company looks to get ahead of credit issues by selling high-risk loans.

Richard Yeager's promotion comes at a time of growth for the New York-based institution, including having recently been granted a field-of-membership expansion.

Cameron Minges will become president of the Indianapolis-based credit union effective Jan. 1.

Carla Rasetta is stepping down after a decade at the helm of the Massachusetts-based institution.