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Wells Fargo's chief financial officer John Shrewsberry has been named to Yale University's committee overseeing its $25.6 billion endowment. Shrewsberry has an MBA from the Yale School of Management.

USAA has hired Jennifer Sepull, a former Kimberly-Clark executive, as its chief information officer.

First Business Financial Services in Madison, Wis., has appointed David Seiler as chief operating officer. The $1.8 billion-asset holding company said Seiler will start in the newly created role on April 18.

Dennis Schaefer will retire as president and chief executive of SIU Credit Union in Carbondale, Illinois, on April 15.

Just days after the deadline for credit union service organizations (CUSOs) to register with the National Credit Union Administration, Credit Union Journal asked NACUSO conference attendees about their experience with the new requirement.

First Midwest Bank in Itasca, Ill., announced Friday that it has hired Jo Ann Boylan, formerly of MB Financial Bank in Chicago, as chief information and operations officer.

Hampton Roads Bankshares in Virginia Beach juggled a search for a new chief executive while also arranging for its eventual merger with Xenith Bankshares in Richmond, Va.

Edward Duffy, who was chairman of the holding company for the former Marine Midland Bank in Buffalo, N.Y., has died. He was 89.

Ent celebrates eight of its mortgage loan officers making National Mortgage News' 2016 Top Producers rankings and other CU professionals in the news.

Bank of New York Mellon has hired a new chief operating officer for its markets business.

Royal Bank of Canada, which had $1 billion in earnings from its U.S. businesses last year, expects to double that amount in five to seven years, Chief Executive Officer David McKay said.

Bancorp of New Jersey in Fort Lee has hired a former state regulator as its new chief executive.

In a more competitive-than-ever industry, sales activity is an important part of bankers' jobs, but it is not the only part.

Raj Seshadri will join the company April 11 as president of U.S. issuers, MasterCard said in a Tuesday news release. She will also become a member of the management committee.

The American Association of CU Leagues names new CEO, CUNA focuses on “transformation” and other CU professionals in the news.

Several banks have recently purchased highly visible properties in strategically important markets, investing in real estate at a time when the industry is closing branches at a record pace. Low rates may be a factor, but many bankers are also trying to send a message to clients and prospects.

Clifton Bancorp in Clifton, N.J., said Friday that it has hired the former chief executive of a nearby rival as chief operating officer.

Banc of California in Irvine has promoted a back-office executive to become chief administrative officer.

What makes a true leader is particularly relevant to the banking industry, in which the leading institutions and key individuals are not always defined by asset size.

The former head of the FDIC has a longstanding interest in small-dollar consumer lending.