Succession planning

A number of credit unions have announced promotions, new hires and recognitions for their employees.

Kendall Garrison will lead the Austin, Texas-based institution after its current CEO, Paul Trylko, retires at the end of this year.

A number of credit unions have recently made personnel changes, including LAFCU and F&A Federal Credit Union naming new chief lending officers.

The Los Alamos, N.M.-based institution said that Dwayne Herrera would take over as CEO after its previous leader took another job.

Ron Baron had been serving as interim president and CEO for the Delaware-based institution before being given the job permanently.

Several credit unions have hired new employees while a financial advisor was recognized for his volunteer efforts.

CFO Ewen Stevenson, who has been in place only since January after joining from Royal Bank of Scotland, has established himself as the dominant force in the 154-year-old bank's executive suite, say current and former HSBC officials.

Credit unions have recently announced personnel changes in a number of areas, including human resources, information systems and operations.

Beacon Business Bank hired former Boston Private executive John Delaney as its new leader.

Jason S. Lee is joining the Summerville, S.C.-based institution as president and chief operating officer but he will eventually take over as CEO.

Credit unions have announced a number of new hires and promotions in areas such as lending and retail operations.

Sean Daly, the Middletown, R.I.-based institution's CFO, will take over as president and CEO when Ellen Ford steps down in November.

As management teams meet to set their priorities, there is a range of issues, including consolidation, cybersecurity and succession planning, that will likely come up.

Lisa Perrin will take over at the Massachusetts-based institution when President and CEO Karen Duffy retires.

Credit unions will be covering a range of important issues, including community development and enterprise risk management, as they review their operations.

During a slow summer, a handful of banks managed to hire away multiple executives from competitors and introduce new leadership.

America's Credit Union Museum has named new board members while a number of institutions have recruited additional talent.

The firm joins $40 billion “technology megafund” sponsored by SoftBank Group; company says partnerships are taking longer than expected to bear fruit.

The hiring of Tim Wennes was one a series of leadership changes announced Wednesday by the holding company for the bank and the auto lender Santander Consumer.

Bank posts its best second quarter since 2010 after a disappointing Q1; Cerberus in talks to buy loans at the center of a major accounting error.