Succession planning

Jay Gostonczik will head the Minnesota-based institution when Richard Nesvold retires during the first quarter of 2020.

Corporate Central Credit Union and South Carolina Federal Credit Union made changes to their marketing teams while other institutions announced personnel changes.

Credit unions have recently promoted and hired new employees in areas such as retail management, business lending and marketing.

David Justice, chief operating officer, will take over for the retiring RaAnn Wood on Nov. 1.

Brad Dinsmore, who will also serve as the California company's president, once was in charge of several key lines at SunTrust, including consumer banking and private wealth management.

The bank elevated three senior executives who could be possible successors to CEO Sergio Ermotti; the move to a new rate benchmark won’t trigger a “tax event.”

Two credit unions have hired new employees to oversee branches while senior investment representatives from a CUSO were recently honored.

When H. Lynn Harton joined United Community Bank seven years ago, he knew he was on track to eventually become CEO. But he still felt he had to earn it.

Intense competition for executives and top lenders has elevated the role acquisitions play in filling key positions.

The young professionals' development group is searching for a new manager following Lauren Culp's departure on Friday. She will remain in the industry.