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Credit quality has improved across the industry over the past few years, but don't expect that trend to continue because of several economic forces, big-bank CEOs said Thursday.

First Commonwealth Federal Credit Union in Lehigh Valley, Pa., has hired a new leader: Donna LoStocco, who will take the reins on July 1 and succeed Jo Ann Broderick, who is retiring.

Franklin Savings Bank in Franklin, N.H., has lured an executive from Florida to become its next chief financial officer.

Mackinac Financial in Manistique, Mich., has promoted an executive from its bank to become its next chief financial officer.

Branch managers are essential, but it is the manager's manager that can set the tone for the performance of a bank's branch program.

TDECU VP earns top honors for inclusion efforts, A Unity One exec is recognized for lending and service excellence and other CU professionals in the news.

While there were positive signals like loan growth and improved interest margins in the Federal Deposit Insurance Corp.'s first-quarter report card, there were also signs of trouble for the future, including larger institutions' ongoing exposure to the energy sector.

A number of executives are warning that midsize borrowers are hoarding cash rather than borrowing, reflecting increased concern about the economy.

FirstBank Florida in Miami has recruited five bankers from area competitors to bolster its commercial banking department.

Ties to the energy sector hurt the banking industry in the first quarter as earnings fell 1.9% to $39.1 billion compared with a year earlier, the Federal Deposit Insurance Corp. said Wednesday.

Achieving high performance is a challenge. But these five traits help the elite banks drive such impressive results.

Wellesley Bancorp in Massachusetts has recruited a State Street executive to succeed its outgoing chief financial officer and treasurer.

Elevations CU CEO earns top association honor, two CUs name board members and more credit union advocates in the news.

Virginia Beach Schools Federal Credit Union, a $95-million institution based in Virginia Beach, Va., announced that Sally W. Fontenot, president and CEO, will retire, effective June 30, with current EVP L. Brian Clark set to succeed her on July 1.

GTE Financial FCU has tapped Brian Best, who has been acting interim CEO since January, to take the reins permanently at the $1.8 billion institution.

ALVIN, Texas — Chocolate Bayou Community Federal Credit Union on Friday said Gary Angeles will be its new president and CEO effective July 1.

The $2.5 billion-asset company disclosed in a regulatory filing Friday that Martyn Pell, president of its First Community Bank, had resigned, effective immediately.

Prime Trust FCU elects three to board; Pennsylvania CU Association gives out two awards and more.

While many of the nation's biggest banks provide live streams of their shareholders meetings, many midsize institutions do not. Investors are urging more institutions to webcast those gatherings, based on a belief that doing so will increase transparency.

The $3.8 billion-asset company said in a press release Thursday that Lynne Fox will succeed Noel Beasley, who decided to step down after retiring from the Workers United union.