Succession planning

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.

Boston Private Financial Holdings has appointed its chief executive, Clayton Deutsch, as CEO of its bank subsidiary, Boston Private Bank & Trust.

The $4.8 billion-asset holding company for Southside Bank gave Lee Gibson the additional titles of president of both the holding company and Southside Bank.

The $560 million-asset holding company for SouthCrest Bank did not provide a reason for Kenneth Maloy's departure.

Northwest Bancorp. in Spokane, Wash., has announced that Chief Executive Randall Fewel will retire at the end of the year.

TotalBank in Miami has returned Jorge Rossell to the position of chief executive, after Luis de la Aguilera departed to take the same position at U.S. Century Bank in Doral, Fla.

Union Community Bank in Mount Joy, Pa., will promote its chief operating officer to lead the bank, after the retirement of its longtime president and chief executive.

The Bancorp in Wilmington, Del., is looking for a new chief executive. The $4.7 billion-asset company said that Frank Mastrangelo resigned as CEO to become its technologist in residence.

U.S. Bancorp has plucked longtime lending executive Tom Wind from EverBank Financial to run its mortgage business.

Eileen Serra, 61, the chief executive of the Chase Card Services unit, will step down in January and become an adviser to the company on growth initiatives, according to a memo Wednesday from Gordon Smith, JPMorgan's CEO of consumer and community banking.

CIT Group will pay about $60 million in severance to 14 executives who have been dismissed or left the company, as it continues to shuffle its executive lineup following its August acquisition of OneWest Bank.

Several CEOs hitting the magic age of 63 have chosen to sell their institutions, suggesting a dearth of younger executives waiting in the wings.

Cardinal Bankshares in Floyd, Va., has named a new chairman and made additional executive appointments ahead of its merger with Grayson Bankshares in Independence, Va.