Demographics

A combination of mutual and clashing interests has driven many players — big banks, community banks, credit unions and fintechs — to offer high-interest, digital-only savings and checking.

The agency chairman's comments mark an unusual turn for an industry famous for its bipartisanship.

Many community banks are launching digital banks, more aggressively courting younger customers and abandoning the idea that only primary banking relationships are worthwhile.

With David Lucas retiring in November after nine years, industry veteran Edward Fox took the reins earlier this week.

The Jacksonville-based institution is the latest to join the Hispanic-outreach initiative which now serves more than 100 credit unions.

The West Bend, Wis.-based institution's new chief executive has been with the credit union for more than 15 years.

Riverview Credit Union in Ohio added three to its lending team while other institutions made new hires and promotions.

As the industry increases its attempts to diversify its ranks, just 81 out of more than 5,000 CUs completed the regulator’s self-assessment last year.

Linderman helped build Zions Bank into a retail force and shaped the multistate retail strategy of its parent company, but she will best be remembered for opening countless doors for women and minorities.

Julieann Thurlow says Reading Cooperative Bank in Massachusetts is well positioned to help immigrants and millennials. Technology is crucial to serving both groups, she says.