Content classifications

The $610 million-asset company named Tim Schools president and CEO of both the holding company and Highlands Union Bank, pending regulatory approval.

Centrue Financial in Ottawa, Ill., has named a new chairman, after its longtime chairman resigned for health reasons.

Bank Leumi's conservatism helped it stay profitable during the financial crisis. The bank, a unit of Leumi Group in Israel, is ready to get more aggressive in areas such as technology lending.

The American Bankers Association named Georgia community banker Daniel Blanton its new chairman and elected three additional officers during its annual convention.

MasterCard has made a series of changes to its executive slate, including the appointment of a chief information officer.

MasterCard has made a series of changes to its executive slate, including the appointment of a chief information officer.

Bank of America named Ford Motor's David Leitch as its next general counsel to replace Gary Lynch, who became vice chairman earlier this year. Ford announced last month that Leitch planned to leave after a decade at the automaker.

West Community Credit Union has named a new chief executive to succeed its longtime, retiring CEO.

Salvatore Marranca and Garrett Richter have a lot in common: both found success in the banking world after army service in Vietnam. It was that wartime experience, though, that set them apart from most of their peers.

For years, UMB Financial rode fee-income gains from the expansion of its asset management unit to some strong quarters. But the unit's production has waned lately forcing the company to rethink its expense base and management structure.

Western Federal Credit Union, a $2.2-billion institution based in Hawthorne, Calif., announced it has appointed Gordon M. Howe as its CEO, succeeding John Bommarito, who is stepping down after almost 22 years.

Banc of California in Irvine has named executives to the newly created positions of chief strategy officer and chief investment officer.

One CEO is forwarding his career by becoming a vice president and other CU officials in the news.

Silicon Valley Bank in Santa Clara, Calif., has hired a chief operations officer to replace Bruce Wallace, as he shifts to a more digital-focused role.

BMO Financial Group has recruited Niti Badarinath from U.S. Bancorp to manage its online, mobile and physical channels in North America.

The association also recognized two executives for excellence in leadership.

Monetary incentive plans are vital for keeping your best employees, but sometimes other gestures that cost basically nothing make a bigger impact.

Boston Private Financial Holdings' president, Mark Thompson, has announced plans to retire at the end of the year.

Parke Bancorp in New Jersey decided to sell its SBA lending business when it realized the group had national aspirations. Berkshire Hills Bancorp, a larger bank in Massachusetts, was pleased to buy the unit.

Banc of California in Irvine has named James McKinney its new chief financial officer. McKinney joined the $6.4 billion-asset bank in September as chief accounting officer.