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Regions Financial in Birmingham, Ala., has appointed a former Citigroup executive and an agricultural industry executive to its board.

A number of credit union CEOs earned special recognition from a variety of state and local organizations, and other CU professionals in the news.

Deposits at big banks have swelled as corporations shifted funds around in anticipation of new money market rules. But industry experts describe the influx as a temporary blip that will serve mainly to provide yet another drag on margins in the fourth quarter.

Vermont Federal Credit Union in Burlington announced that its chief executive, Bernie Isabelle, has retired.

A trio of officers are promoted to VP status, statewide awards in Indiana and more CU professionals in the news.

MB Financial in Chicago has appointed an executive from an advanced analytics company to its board. The $19 billion-asset company said in a press release Thursday that Sunil "Sonny" Garg is the energy solutions leader at Uptake.

In her first major presentation as Wells Fargo's head of retail banking, Mary Mack took on the doubters, making the case for why she is the best fit to lead the embattled retail unit. She laid out plans to revamp compensation and internal culture.

OnDeck Capital reported its fourth consecutive quarterly loss on Thursday as investors bought fewer loans and the firm was forced to make costly adjustments to its business.

Two top executives said the scandal-plagued bank has managed to minimize the financial damage and can continue to grow amid some reforms. Yet they acknowledged that the full toll has yet to be realized, and the company announced it had significantly raised its estimated legal exposure.

The former chairman of the failed Premier Bank in Wilmette, Ill., was sentenced to five years in prison after he pleaded guilty to defrauding the Treasury Department's Troubled Asset Relief Program.

If modified, the cybersecurity standards in New York State are a step in the right direction to protect banks and consumers.

Fifth Third Bancorp in Cincinnati has named Aravind Immaneni chief operations and technology officer.

OptimumBank Holdings in Fort Lauderdale, Fla., has appointed a former Florida credit union CEO, John H. Clifford, to its board.

OptimumBank Holdings in Fort Lauderdale, Fla., has appointed a former Florida credit union CEO, John H. Clifford, to its board.

Square 1 Bank, a unit of PacWest Bancorp, has hired two financial services veterans to expand its banking services for venture capital and private-equity firms and named a new leader of that practice.

F.N.B. Corp. in Pittsburgh will add the president and chief executive of Yadkin Financial to its board after buying the Raleigh, N.C., company.

MSU FCU CEO April Clobes recognized as a top leader and other credit union professionals in the news.

Serial fintech entrepreneur Chris Larsen plans to take a breather. In January, Larsen will hand the reins and the CEO title at Ripple over to Brad Garlinghouse, who is currently the company's president and chief operating officer.

TD Bank Group in Toronto will have a new president and chief executive for its U.S. banking unit next summer.

Acquisition costs ate into third-quarter profit at Old National Bancorp in Evansville, Ind.