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KALSEE Credit Union, a $169-million institution based in Kalamazoo, Mich., announced that after an "exhaustive search," its board selected Matthew L. Lahman as its new president and CEO.

Fifth Third Bancorp in Cincinnati will operate without a board chairman or vice chairman after three directors announced their plans to retire.

Saginaw Medical Federal Credit Union in Saginaw, Mich., has named Laura Crase its president and chief executive officer. She had been the credit union's chief lending officer.

As questions about how the NCUA chairman’s pending departure could complicate the agency’s plans for addressing supplemental capital, presidential appointments and other issues, CU Journal asked industry stakeholders their thoughts on this development.

The Cleveland company appointed Christopher Gorman as merger integration executive, according to a news release. Gorman previously was president of KeyCorp's corporate bank.

State Street in Boston is on the hunt for a new chief financial officer. Michael Bell, 52, has decided to step down within the next year the custody bank said on Thursday.

Richard Meares, the president and chief executive of Fleetwood Bank in Berks County, Pa., is retiring in January.

President Obama put pressure on regulators this week to finish their long-delayed rule governing executive compensation, but by the time it gets implemented, much of the work may have already been done.

James Hackett, chairman of the board of directors at Fifth Third Bancorp, is stepping down.

The Hall of Fame manager, who won three World Series, told bankers at a recent conference that trust, integrity and communication are critical to success. La Russa also shared tales from his storied career, including accounts of managing the likes of Rickey Henderson and Chris Carpenter.

UniWyo CEO named Business Person of the Year, new CIO tapped at Ent CU, top dog named at ORNL's CUSO and other CU professionals in the news.

Not only are widening credit spreads for both banks and the companies they lend to a red flag, but the financial sector is also feeling a hit from lower energy prices.

CO-OP Financial Services, a Rancho Cucamonga, Calif.-based financial technology company that provides services to credit unions, announced that two of its senior executives now have new assignments.

Republican presidential front-runner Donald Trump received support from 83% of attendees polled at the Independent Community Bankers of America's annual convention. The results were more pronounced compared with a similar poll by the Consumer Bankers Association, where Hillary Clinton edged out Trump.

Retirement was good for Pamela Joseph, former head of U.S. Bank's Elavon business, but not enough to overcome the lure of a high-level executive role at Total System Services, a company rapidly transitioning into a new age of digital payments.

Regulators want to know how banks are planning for the future, particularly in the face of competitive threats such as marketplace lending and added scrutiny over the use of third-party vendors.

Having served as a holdover since her term expired last spring, Debbie Matz announced she will be departing the agency at the end of next month.

Penns Woods Bancorp in Williamsport, Pa., has promoted Michelle Karas to chief operating officer.

Their top executives sure don't. Income streams are constrained in every business line, the economic picture remains murky, and big banks are talking about cutting more expenses again.

Mountain Commerce Bancorp in Knoxville, Tenn., has added a former California community bank executive to its board.