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The debate over speeding up payments transactions should consider the necessity of allowing consumers time to rethink and abort their purchases.

CenterState in Florida and Union Savings in Connecticut are adding specialists to their retail locations at a time when many other banks are cutting back or have been relying heavily on universal bankers.

Greylock hires new chief risk officer, Inova names a VP of member experience and other CU professionals and volunteers in the news.

RIVERSIDE, Calif. — The credit union movement continues to lose leaders with decades of experience, the latest being Mark Hawkins, who has been president and CEO of what now is known as Altura CU since February 1988. Late Monday, Credit Union Journal learned Hawkins will retire in February 2017.

The Bancorp in Wilmington, Del., has selected a former Citigroup executive as its next chief executive.

A former Citibank payments specialist has been appointed to the board of Meta Financial Group in Sioux Falls, S.D.

Citizens Community Bancorp in Eau Claire, Wis., is searching for a new leader after its president and chief executive announced plans to resign this summer.

A proxy advisory firm has sided with Financial Institutions in Warsaw, N.Y., in its battle with an activist investor.

Cattaraugus County Bank in Little Valley, N.Y., has named Salvatore Marranca chairman less than two years after he retired as its chief executive.

Goldman Sachs Group’s compensation plan, including a provision making Lloyd Blankfein the highest-paid chief executive officer of a Wall Street bank for his work last year, drew the most opposition since shareholders began voting on the matter in 2009.

The heads of megabanks get paid a lot. Some investors want them to streamline their companies for greater returns. But it's arguable whether those CEOs would want to do so if their counterparts at smaller, better-performing banks get paid less.

Flagship Community Bank in Florida is facing pressure from its biggest shareholder to sell itself, either for cash or stock in a publicly held buyer. Management, however, believes the bank will fetch a better price if given time to improve profitability.

State Bank in Atlanta convinced a jittery seller to work out a deal by promising to do an all-cash purchase if its own stock faltered.

A former head of the U.S. unit of Dutch-owned insurance company Aegon has been named chairman of a community bank in Illinois.

Royal Bank of Canada has plucked away executives from Wells Fargo and Credit Suisse to be the co-heads of its consumer investment banking business, according to a news report.

UMB Financial took its lumps last year when its funds management business suffered from large outflows. The challenge prompted UMB to tighten up on expenses and rely more on revenue tied to its balance sheet.

Banks need to be self-critical in evaluating a growth strategy’s chance of success while realizing that it’s hard to rebound from a growth failure.

The financial services sector would benefit from companies — banks included — submitting dedicated disclosures on the impact of climate change.

A fresh crop of chief lending and operations officers and a host of new senior executives appointed at credit unions across the country.

Gerard Champi is getting a vowel upgrade. He will be promoted to CEO from COO of First National Community Bancorp in Dunmore, Pa., this summer, according to a company news release.