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GFA FCU promotes from within for its culture officer position, Stan Hollen announces retirement and other credit union professionals in the news.

Metropolitan Commercial Bank in New York has named Dale Fredston, a former general counsel at Sterling Bancorp in Montebello, N.Y., to its board of directors.

Peter Humphrey, who stepped down as Financial Institutions’ CEO in 2012, said he supports a push by activist investor Clover Partners to force the company to find a buyer. Humphrey left the company’s board in 2014.

Higher wealth management fees and improved interest income led First Republic Bank in San Francisco to double-digit profit growth in the fourth quarter.

The physical branch network is not dead, but to ensure its viability banks need to get serious about trimming it down and combining branches with digital channels.

American National Bankshares in Danville, Va., has named Cathy Liles its chief accounting officer.

DEL MAR, Calif. – So you think your family chili recipe is pretty special? Time to prove it at the 2016 XDI Credit Union Chili Challenge.

Middlesex Savings Bank in Natick, Mass., has promoted a senior banker to chief commercial credit officer.

PayPal Holdings has named the head of a cryptocurrency firm to its board.

There is a growing belief that reserves for energy loans should represent 5% of a bank's exposure to the sector. Three banks have already announced plans to move in that direction, prompting speculation as to which other lenders will be next.

The opportunity for banks from the dramatic growth in deposits goes beyond just funding loans.

Codorus Valley Bancorp in York, Pa., will soon have a new leader for its bank.

The credit union movement soon will lose yet another iconic figure, as Stan Hollen announced he will retire as president and CEO of CO-OP Financial Services on May 31.

Umpqua Holdings in Portland, Ore., has hired Tory Nixon, who played for the San Francisco 49ers in the 1980s, as head of commercial banking.

Valley National Bank in Wayne, N.J., has a new chief administrative officer.

Mary Kay Bates, who had been chief operating officer in January 2014, was promoted to president of the $724 million-asset bank in Spirit Lake, Iowa.

David Foss is set to become chief executive of Jack Henry & Associates in July. He will remain president of the technology and payment processing services provider.

Two new chief operations officers, a chief risk officer and a chief audit executive joined the C suite and other credit union professionals in the news.

ALEXANDRIA, Va. – Just hours after President Barack Obama announced his intent to nominate NCUA Board Member J. Mark McWatters to the Board of the Export–Import Bank of the United States, McWatters said he remains focused on his work with credit unions.

Fundation Group, an online small-business lender, has hired an industry veteran as its first chief operating officer.