Demographics

With 20- and 30-somethings just beginning to build financial wealth, banks must orient their business to meet the needs of these consumers.

Marji Hughes is leading the California-based institution on a temporary basis as the board searches for its next CEO.

A successor to Janet Bantz, who has led the Indiana-based institution since 1989, has been selected but not formally announced.

An executive from Visions Federal Credit Union was recognized for her advocacy work while credit unions announced personnel changes.

Muneera Carr, Comerica's CFO since 2017, will leave in October and James Herzog, who had been the bank's treasurer, will serve as interim CFO until a successor is named.

After a nine-month transition period, Lyndon Matteson has been elevated from president to president and CEO following Edward Lopes' retirement.

Women executives headlined a number of key moves in the banking industry as summer wound down.

Rob Picard is replacing Sue Cross, the Hampden, Maine-based credit union's long-term CEO who is retiring.

The credit card issuer has hired John T. Greene, a former pharmaceutical industry executive, to succeed Mark Graf, who announced his retirement over the summer.

Jay Gostonczik will head the Minnesota-based institution when Richard Nesvold retires during the first quarter of 2020.

Corporate Central Credit Union and South Carolina Federal Credit Union made changes to their marketing teams while other institutions announced personnel changes.

Changes in consumer behavior patterns will force banks to reassess the information they use to attract customers.

Credit unions have recently promoted and hired new employees in areas such as retail management, business lending and marketing.

Some in the credit union industry were recognized for their dedication while others took on new jobs or were promoted to new challenges.

Young people prefer transfer apps, but privacy and authentication will need to be improved, says Sonarax's Benny Saban.

Credit unions announced new regional and branch managers in addition to hires in the loan origination department.

Two credit unions have hired new employees to oversee branches while senior investment representatives from a CUSO were recently honored.

Credit unions across the country have announced a number of personnel changes including a new chief lending officer, director of marketing and more.

As branches in remote areas disappear, banks run the risk of losing business to fintechs.

Credit unions are hiring new employees and promoting existing staffers to new roles.