Demographics

Jason S. Lee is joining the Summerville, S.C.-based institution as president and chief operating officer but he will eventually take over as CEO.

Credit unions have announced a number of new hires and promotions in areas such as lending and retail operations.

Sean Daly, the Middletown, R.I.-based institution's CFO, will take over as president and CEO when Ellen Ford steps down in November.

Two weeks after lawmakers grilled a Facebook exec over its crypto plans, they acknowledged there are benefits from digital currency technology and urged U.S. companies to take the lead.

Lisa Perrin will take over at the Massachusetts-based institution when President and CEO Karen Duffy retires.

During a slow summer, a handful of banks managed to hire away multiple executives from competitors and introduce new leadership.

America's Credit Union Museum has named new board members while a number of institutions have recruited additional talent.

The hiring of Tim Wennes was one a series of leadership changes announced Wednesday by the holding company for the bank and the auto lender Santander Consumer.

Marc Schaefer, who has led the credit union since 1995, has announced plans to retire. President Todd Hall will take the helm on Jan. 1, 2020.

Timothy L. Anderson, who has held C-level positions at a number of other credit unions, including Government Printing office FCU and Treasury Department FCU, has taken over following CEO Kenneth Kramer's departure.

Bruce Adams, who previously served as general counsel to Connecticut Lt. Gov. Nancy Wyman, will join the Credit Union League of Connecticut next month.

In a registration statement filed with the SEC, the company revealed new details about its financial performance and its growth plans.

A number of credit unions have promoted employees from within their ranks while others have announced new hires.

Credit unions are slowly embracing the impact data analytics can have on the bottom line, but experts say goal-setting and measurable achievements must also be a part of the process.

David Cerwinski, who joined the CUSO in 2006, was appointed president of the technology provider.

Credit unions across the country continue to bulk up their staff at all levels of the organization.

The interim CEO told analysts Tuesday that the company remains committed to hiring an outsider who isn't connected to its scandals of recent years.

Charles Friederichs, already serving in an interim capacity, has been appointed permanent CEO of the $1.1 billion-asset institution.

Executive searches are hard enough, but a shortage of qualified candidates with strong resumes will make filling those jobs that much more challenging.

The trade group waited until after the 2018 midterms to launch the awareness campaign, but CEO Jim Nussle says that strategy won’t be repeated next year.