Content classifications

The chief financial officer at Synovus Financial in Columbus, Ga., plans to retire later this year.

A senior Bank of America tech executive has migrated about 20 blocks south in New York (from Bryant Park to Madison Square Park) and into a very different world, offering platform-as-a-service to banks and other customers.

Though the bank that was dedicated to helping former slaves gain access to financial services failed, that same basic mission — bringing affordable financial service to people of modest means — would carry on in credit unions. In honor of Black History Month, Credit Union Journal looks at the history behind this special bank that still serves as inspiration for CUs that primarily serve African Americans today.

Community bank executives need to focus on these three areas in order to embrace change and cater to younger, tech-savvy customers.

Bank of Missouri knew that using new technology was important in making its business processes more efficient. But its IT team also knew that it had to get buy-in from the employees actually completing the steps as well to see real results.

JPMorgan Chase Chief Executive Officer Jamie Dimon bought 500,000 shares of the bank’s stock on Thursday, a person familiar with the decision said.

The Detroit company is plowing ahead with its growth strategy at a time when some shareholders are agitating over its sagging share price.

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

Two female executives earn recognition, a state legislator is honored and other CU professionals in the news.

The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer.

The Bancorp in Wilmington, Del., named Sepideh Behram to the role of chief compliance officer. Her hiring comes as the $4.8 billion-asset company works to shore up its risk and compliance management.

Banks are coming up short in trying to keep pace with other more advanced app providers, but emulating these five steps taken by nonbanks can help drive mobile engagement.

Christopher Shockley will become president and CEO of Virginia CU on March 31. He will succeed Jane Watkins, who has worked for the $2.7 billion-asset institution for 34 years.

Lighthouse Bank in Santa Cruz, Calif., has brought back one of its co-founders to become its president. The $176 million-asset bank said in a press release that Jon Sisk had become its president on Monday.

Enrichment Federal Credit Union, a $425-million institution based in Oak Ridge, Tenn., said Craig Peters will be promoted from executive vice president to president and CEO, effective April 1.

One CEO tapped to serve on board another earns accolades from regional media.

The U.S. could be the next country to introduce gender quotas for corporate board members and nominees.

PayPal technology exec James Barrese will leave the company April 1, according to an SEC filing.

Activist investor Lawrence Seidman has reversed course and will support the lone Malvern Bancorp director standing for re-election.