Banking

Arlington Community Federal Credit Union is combining with InFirst FCU, whose chief executive is retiring at the end of this year.

Gary Furtado will retire from his position as president and CEO of Navigant Credit Union, a position he has held since 1987, by the end of the year.

Amid a falling population in its home state of Pennsylvania, the bank is focusing more attention — and dealmaking — on the increasingly populous and affluent Raleigh-Durham market.

Data as of Mar. 31, 2022. Dollars in thousands.

Data as of Mar. 31, 2022. Dollars in thousands.

Bill Partin will step down on Dec. 31, having spent nearly 10 years as Sharonview’s president and chief executive.

The two banks, which recently pushed back the deadline for their $2.6 billion merger, pledged Monday to ditch nonsufficient-funds fees, among other more consumer-friendly changes.

The founders of Integro Bank expect to secure this month the final round of capital needed to open the second startup bank in the state since 2007.

Citigroup plans to hire more than 4,000 tech staff to help move its institutional clients online in the wake of the pandemic.

The credit union has promoted Daniel Wolford to be its president and CEO. He succeeds Jeffery Trickett, who recently retired.

For all of the regulators’ progress over the years, many are still relying on an internal technology framework that was built for 1992, not 2022.