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Commerce Bancshares in Kansas City, Mo., reported higher second-quarter profit, citing the appreciation of inflation-protected securities and higher loan interest.

Larry Otto has jumped ship from the second-largest bank in St. Louis to the largest.

CUNA gets a new chief marketing and technology officer, Consumers CU announces promotions and more.

Signature Bank in New York has formed a subsidiary to specialize in municipal finance and hired three executives for the division.

A dive into American Banker's photo vaults offers a view of the banking industry's movers and shakers at the height of their powers. Here's a look at prominent figures, from the CEOs who steered the megabank mergers of the late 1990s and the man who rescued Fannie Mae during a bout of insolvency in the early 1980s.

BB&T's top executives are set to get up to $2.6 million in bonuses if the Susquehanna deal goes well. While viewed as a good way to make sure the deal works out well, some analysts note that M&A already contributes to executive compensation when it boosts earnings per share and return metrics.

Pacific Continental in Eugene, Ore., has hired the former chief financial of Tower Financial in Indiana as its new CFO.

Home BancShares in Conway, Ark., has promoted an executive to chief financial officer after Randy Mayor retired.

First Midwest Bank in Itasca, Ill., has hired Michelle Hoskins as an executive vice president and chief of human resources.

Business First Bancshares in Baton Rouge, La., has promoted two executives to newly created roles.

Anita Young will be the $1.4 billion-asset First Foundation's director of specialty deposits and target cash management services at niche business clients.

S&T Bancorp in Indiana, Pa., has promoted Jim Mill to chief information officer. In the newly created position, Mill will oversee the $6 billion-asset company's technology infrastructure and maintain its progress in offering new products.

Deposit premiums could rise at 20% of banks with up to $10 billion in assets. Many of those banks could rethink asset concentrations that would trigger higher assessments.

Chemung Financial in Elmira, N.Y., has promoted Anders Tomson to president and chief operating officer. Tomson had been president of Chemung Financial's Capital Bank, the name the company uses in its Albany County and Saratoga County, N.Y., markets.

Kevin Kabat told the board of Fifth Third Bancorp that he intends to step down as CEO in November. Kabat, who had led the Cincinnati company since 2007, will remain executive vice chairman through next April.

Jane G. Watkins, president and chief executive officer of Virginia Credit Union, a $2.7-billion institution based in North Chesterfield, Va., said she plans to retire on March 31, 2016, after serving 33 years in various capacities.

Toronto-Dominion Bank has named Michael Rhodes the new head of its U.S. consumer bank.

The Federal Reserve Bank of New York has named Helen Mucciolo its executive vice president, principal financial officer and head of its corporate group.

Credit union pros and directors earn a host of awards and other CU people in the news.

The board of directors at Parkside Credit Union announced that Janet B. Thompson will take over as the $87 million CU's president and CEO, effective July 13.